Saturday, December 28, 2024
Arctic

Alaska Celebrates Highly Successful Lease Sale this Week, Most Industry Bids Since 2010

Industry made it abundantly clear they are interested in Alaska’s oil and gas–onshore and offshore: Eni, ConocoPhillips, Armstrong, Anadarko On Wednesday, the Bureau of Land Management (BLM) and the Alaska Division of Oil and Gas each held a lease sale in Anchorage, putting state and federal leases up for auction. Officials associated with the lease sale said they were surprised by

Roughnecks at drill site.

Signs of Life for Oil Jobs?  Indeed says ‘Yes’

Indeed finds volume of oil related job postings up triple digits in Wyoming, Alaska and Oklahoma Oil jobs are back. A report released yesterday by international job search engine Indeed is pointing to what looks like a real uptick for available jobs in portions of the oil patch. Since 2014, the U.S. labor market strengthened considerably while oil and gas extraction employment remained

Offshore

Anadarko Sees Oil Production Growth with Freeport-McMoRan Deepwater Assets

Anadarko closes $2 billion Freeport-McMoRan Gulf of Mexico asset acquisition, ramps up Permian activity, announces GOM oil discoveries Houston-based Anadarko Petroleum Corp. (ticker: APC) announced Thursday that the company has closed on its acquisition of Freeport-McMoRan’s (ticker: FCX) Gulf of Mexico (GOM) assets. The company announced in September that it would pay $2 billion for FCX’s offshore assets, a move