Alaska Department of Natural Resources Division of Oil and Gas

Rashah McChesney/Alaska Energy Desk

Two companies successfully bid on nearly 21,000 acres of oil and gas tracts in Cook Inlet this week.

HEX Group and Strong Energy Resources both purchased leases in the state’s spring sale, for a combined total of $450,000.  This is the first time a company other than Hilcorp Alaska has won leases in a state sale since 2015.

Department of Natural Resources, Division of Oil & Gas

Hilcorp, Alaska is looking to build two gas exploration wells near Anchor Point later this year.

The Texas-based company has requested approval from the Alaska Department of Natural Resources to build an oil-gas combination well and gas-only well in Whiskey Gulch, three miles northeast of Anchor Point. It also wants to build a gravel pad and access road on the privately owned property above the lease.

Hilcorp files modest Cook Inlet plans for 2019-2020

May 14, 2019

 

Hilcorp has filed its plans for the coming year with the state and little new work will be done on its Cook Inlet operations. The independent, Texas-based company produced 85% of the gas that came from Cook Inlet last year, with daily production approaching 200 million cubic feet.