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Alaska Natural Gas Transportation System (ANGTS)
Alaska Natural Gas Pipeline Proposals (North Slope to Market) Chronology of Events: 1984- by Betty Galbraith 7/15/09 March 7, 1984 The Joint Oil and Gas Committee met to receive briefings on the status of transporting and marketing North slope natural gas. Yukon Pacific Corporation's TAGS project for exporting gas to Pacific Rim countries was discussed as an alternative to ANGTS. March 10, 1984 Legislative digest: A Forecast and Review reported that testimony before the Alaska Joint House-Senate Oil and Gas Committees indicated that natural gas markets in the U.S. and elsewhere would have to improve substantially before financing of the gas pipeline could be financed. Dec 15, 1984 The Federal Energy Regulatory Commission issued an order conditionally approving an extension of the importation of natural gas from Canada for another 4 year period. April 3, 1986 HCR 8 encouraging the Governor to consider a gas pipeline from the North Slope to Fairbanks with spurs to other communities as an alternative to other energy proposals, passed to become Alaska Legislative Resolve 36 Nov 1, 1986 The Bureau of Land Management published a notice in the Federal Register, of their intent to prepare an environmental impact statement for the TAGS pipeline proposal. Dec 5, 1986 Yukon Pacific Corporation issued its Trans-Alaska Gas System Project Description. The project involved a pipeline to transport North Slope gas to tidewater, a facility in the Valdez area to liquefy the gas for ocean transport to Asia. The project would be phased in over a period of years. Dec 5, 1986 Yukon Pacific Corporation filed an application with the Bureau of Land Management and the Army Corps of Engineers to construct a large diameter pipeline between Prudhoe Bay and Anderson Bay (Valdez) to export LNG. -
Conocophillips Alaska: Investing in Alaska in Changing Times
ConocoPhillips Alaska: Investing in Alaska in Changing Times Jan. 13, 2017 Joe Marushack, President January 12, 2017 Cautionary Statement & Safe Harbor The following presentation includes forward‐looking statements. These statements relate to future events, such as anticipated revenues, earnings, business strategies, competitive position or other aspects of our operations, operating results or the industries or markets in which we operate or participate in general. Actual outcomes and results may differ materially from what is expressed or forecast in such forward‐ looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that may prove to be incorrect and are difficult to predict such as oil and gas prices; operational hazards and drilling risks; potential failure to achieve, and potential delays in achieving expected reserves or production levels from existing and future oil and gas development projects; unsuccessful exploratory activities; unexpected cost increases or technical difficulties in constructing, maintaining or modifying company facilities; international monetary conditions and exchange controls; potential liability for remedial actions under existing or future environmental regulations or from pending or future litigation; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets; general domestic and international economic and political conditions, as well as changes in tax, environmental and other laws applicable to ConocoPhillips’ business and other economic, business, competitive and/or regulatory factors affecting ConocoPhillips’ business generally as set forth in ConocoPhillips’ filings with the Securities and Exchange Commission (SEC). We caution you not to place undue reliance on our forward‐looking statements, which are only as of the date of this presentation or as otherwise indicated, and we expressly disclaim any responsibility for updating such information. -
Near East University Docs
NEAR EAST UNIVERSITY THE FACULTY OF MARITIME STUDIES GRADUATION PROJECT LNG CARRIAGE ON THE WORLD Submitted to: OCEAN GOING MASTER AHMET BEYOGLU Submitted by: EMRE EVREN YURTSEVEN SHIP MANAGEMENT ENGINEERING DEPARTMENT NICOSIA - 2003 • Introduction The purpose of the IMO model coursesis to assist maritime training institutes and their teaching staff in organising and introducing new training courses, or in enhancing, updating or supplementing existing training material where the quality and effectiveness of the training courses may thereby be improved. It is not the intention of the model course programme to present instructors with a rigid 'teaching package' which they are expected to 'follow blindly' .Nor, is the intention to substitute audio-visual or 'programmed' material for the instructor's presence .As in all training endeavours, the knowledge, skills and detication of the instructor are the key components in the transfer of knowledge and skills to those being trained through IMO model course material. Because educational systems and the cultural backgrounds of trainees in maritime subjects vary considerably from country, the model course material has been designed to identify the basic entry requirements and trainee target group for each course in universally applicable terms , and to specify clearly the technical content and levels of knowledge and skill necessary to meet the technical intent of IMO conventions and related recommendations . • CONTENTS: PARTl SECTION 1 1. Executive Summary 1 1.1 Main conclusions 1 1.2 Natural gas demand trends 3 1.3 Natural gas reserves 3 1.4 Historical developmentof natural gas carriage 4 SECTiON 2 2. The natural gas market 5 2.1 What is natural gas and energy 5 2.1.1 Natural gas 5 2.1.2 Liquefied natural gas LNG 5 2.1.3 Applications 5 2.1.4 The natural gas industry 6 2.1.5 Natural gas and environment 7 2.2 World primary energy consumption 8 2.3 Natural gas consumption trends 11 2.4 Natural gas production trends 12 2.5 The international natural gas reserves 13 2.6 The international natural gas trade 14 SECTiON 3 3. -
5Th Pipeline Technology Conference 2010
5th Pipeline Technology Conference 2010 The next generation of oil and gas pipelines - who, what, where and when.... Julian Lee Senior Energy Analyst Centre for Global Energy Studies UK Abstract This paper seeks to identify the next wave of major oil and gas pipeline construction projects around the world, assessing which countries are likely to be able to turn their plans for new pipelines into real, bankable projects. It is not a comprehensive, or exhaustive, list of new pipeline projects. There is no shortage of new oil and gas pipeline proposals that are keeping project sponsors, industry analysts and conference organisers busy. Many of them are grand in their ambition, many seek to meet the political ends of their sponsors, many cross several international borders, and all will compete for capital and resources. Many of tomorrow’s oil and gas supplies are being developed in areas that are remote from existing infrastructure, far from markets or export terminals. Tomorrow’s big, new hydrocarbons consumers live in countries that are only just beginning to develop their oil and gas import and transmission infrastructures, while traditional markets are stagnating. Politics, too, is playing its part, as old alliances are tested and both buyers and sellers seek security of supply and greater diversification. 1. The evolving geography of oil and gas The geography of oil and gas trade is changing. Big new oil and consumers are emerging. The centre of energy demand growth has shifted dramatically from West to East. At the same time, new centres of oil and gas production are also emerging. -
Domestic Oil and Natural Gas: Alaskan Resources, Access and Infrastructure
W RITTEN STATEMENT OF C YNTHIA L. QUARTERMAN A DMINISTRATOR PIPEL INE AND H AZARDOUS M ATERIALS SAFETY A DMINISTRATION B EFORE THE C OMMITTEE ON NATURAL R ESOURCES SUBCOMMITTEE ON E NERGY AND M INERAL R ESOURCES UNITED STATES HOUSE OF REPRESENTATIVES Domestic Oil and Natural Gas: Alaskan Resources, Access and Infrastructure June 2, 2011 I. Introduction Chairman Lamborn, Ranking Member Holt, members of the Subcommittee, thank you for the opportunity to appear today to discuss the Pipeline and Hazardous Materials Safety Administration’s (PHMSA) oversight of America’s 2.5-million-mile energy pipeline system. Safety is the number one priority of Secretary Ray LaHood, myself, and the employees of PHMSA and we are all strongly committed to reducing transportation risks to the public and environment. Our Nation’s reliance on the safe and environmentally sound transportation of energy fuels and hazardous materials is increasing. PHMSA’s safety oversight of the pipeline network that delivers these products is providing critical protections for the American people. PHMSA is responsible for establishing and enforcing safety standards for the design, construction, operation, and maintenance of the nation’s pipeline transportation system. PHMSA's authority to regulate pipelines includes oversight of the Trans Alaska Pipeline System (TAPS), North Slope pipelines, certain pipelines in the Cook Inlet area, Liquefied Natural Gas (or LNG) facilities, and the distribution systems that deliver natural gas to homes, businesses, and power plants. Alaska oil and gas resources are critical to the nation’s energy needs, and PHMSA recognizes its role in ensuring that this energy is transported safely and efficiently. -
Growing Value $245 Billion of Revenues As of Dec
www.conocophillips.com ConocoPhillips is an international, integrated energy company with interests around the world. Headquartered in Houston, the company had operations in more than 35 countries, approximately 29,800 employees, $153 billion of assets and Growing Value $245 billion of revenues as of Dec. 31, 2011. 2011 SUMMARY ANNUAL REPORT 90414conD1R1.indd 1 2/28/12 11:05 PM Shareholder Information 1 Letter to Shareholders Certain disclosures in this Summary Annual Annual Meeting Information Requests Copies of Form 10-K, Proxy Statement 49 Report may be considered “forward-looking” and Summary Annual Report 5 Financial and Operating Highlights ConocoPhillips’ annual meeting of For information about dividends and statements. These are made pursuant to “safe stockholders will be held: certificates, or to request a change of Copies of the Annual Report on Form 10-K 6 Repositioning harbor” provisions of the Private Securities address form, shareholders may contact: and the Proxy Statement, as filed with the Litigation Reform Act of 1995. The “Cautionary Wednesday, May 9, 2012 U.S. Securities and Exchange Commission, Statement” in Management’s Discussion and Omni Houston Hotel Westside Computershare are available free by making a request on Our Commitments Analysis in Appendix A of ConocoPhillips’ 2012 13210 Katy Freeway, Houston, Texas P.O. Box 358015 the company’s website, calling 918-661- Proxy Statement should be read in conjunction Pittsburgh, PA 15252-8015 8 Enhancing Financial Performance Notice of the meeting and proxy materials 3700 or writing: with such statements. Toll-free number: 800-356-0066 are being sent to all shareholders. 10 Empowering Our People Outside the U.S.: 201-680-6578 ConocoPhillips – 2011 Form 10-K TDD for hearing impaired: 800-231-5469 B-41 Adams Building 12 Operating Responsibly “ConocoPhillips,” “the company,” “we,” “us” Direct Stock Purchase and Dividend and “our” are used interchangeably in this report TDD outside the U.S.: 201-680-6610 411 South Keeler Ave. -
To: Interested Reporters From: Ross Hammond, Friends of the Earth
To: Interested Reporters From: Ross Hammond, Friends of the Earth & Gabe Elsner, Checks & Balances Project Re: CONFLICT OF INTEREST: State Department contractor on Keystone XL environmental review lied to the State Department about ties to TransCanada & oil industry Date: July 10, 2013 OVERVIEW The American public entrusted the State Department to produce an unbiased environmental review of the Keystone XL pipeline, but the contractor performing the review lied to the State Department about its conflicts of interest and failed to divulge close business relationships with TransCanada and the oil industry. Environmental Resources Management has worked for TransCanada since at least 2011 on the Alaska Pipeline Project, but in its signed conflict of interest disclosure form, filed with the State Department in June 2012, ERM claimed to have “no existing contract or working relationship with TransCanada” within the past three years. Publicly available documents detail ERM’s business relationship with the Alaska Pipeline Project and the project’s two primary companies, TransCanada and ExxonMobil. ERM also lied in documents filed with the State Department about its business relationship with other oil companies that will benefit from the building of the Keystone XL pipeline. ERM's own publicly available documents show that the firm has business with over a dozen companies with operating stakes in the Alberta tar sands. ERM is also a member of the American Petroleum Institute, which has spent millions lobbying in favor of the Keystone XL pipeline. ERM is not in the business of providing unbiased environmental reviews, but working with clients “all the way to final approval” according to marketing materials. -
Summary Report on the Review of the Alaska LNG Project Process
Summary Report on the Review of the Alaska LNG Project Process Office of the Governor State of Alaska September 24, 2015 The following report summarizes the results of a review of the process established for the proposed liquefied natural gas (“LNG”) project currently being worked on by the State of Alaska, TransCanada, ExxonMobil, BP, and ConocoPhillips under the negotiating framework most recently enacted in 2014 by Senate Bill 138: the Alaska Liquefied Natural Gas Project (“AKLNG Project,” “AKLNG,” or “Project”). The majority of challenges are structural and commercial in nature rather than technical. The report will first discuss the history of prior Alaska gas pipeline development efforts, and then the commercial difficulties faced by the AKLNG Project. I. HISTORY OF EFFORTS TO COMMERCIALIZE NORTH SLOPE GAS The current configuration of the AKLNG Project is the latest in numerous efforts to export North Slope natural gas dating back to the 1970s. This section of the report discusses those efforts in context of the current AKLNG Project and what can be learned from those prior unsuccessful attempts. A. Early Projects Prior to the mid-1980s, there were efforts to advance several different Alaska gas pipeline projects, including those by Prudhoe Bay leaseholders BP, Atlantic Richfield and ExxonMobil (together with successor companies, the “Producers”), and separately by El Paso and Foothills (a predecessor to TransCanada). These attempts reflected, among other issues, the two competing themes consistently present in North Slope gas commercialization efforts. First was the ongoing debate about whether a project should be a North American project through Canada or an LNG project to tidewater in South Central Alaska. -
Effective Tax Rates for Oil and Gas Companies Cashing in on Special Treatment
Effective Tax Rates for Oil and Gas Companies Cashing in on Special Treatment July 2014 Table of Contents Page Results in Brief …………………………………………………………………….. 3 Discussion ……………………………………………………………………………. 4 Conclusion …………………………………………………………………………… 6 Notes …………………………………………………………………………………… 6 U.S. Federal Effective Tax Rates, 2009-2013 …………………………… 7 Foreign Effective Tax Rates, 2009-2013 ………………………………..... 8 Deferred Tax Liabilities from Property, Plant, and Equipment in 2012 and 2013……………………………………………………………………….. 9 Appendix: Company Profiles ExxonMobil Corporation ……………………………………………......... 10 ConocoPhillips …………………………………………………………………. 12 Occidental Petroleum Corporation …………………………………….. 14 Chevron Corporation ………………………………………………………… 15 Anadarko Petroleum Corporation ………………………………………. 17 Chesapeake Energy Corporation …………………………………......... 19 EOG Resources, Inc. …………………………………………………........ 20 Devon Energy Corporation …………………………………………......... 22 Apache Corporation ………………………………………………………….. 23 Pioneer Natural Resources Company ………………………………….. 25 Continental Resources, Inc. ……………………………………………… 27 Marathon Oil Corporation …………………………………………………. 28 Hess Corporation ……………………………………………………………… 29 Range Resources Corporation ……………………………………………. 30 Plains Exploration & Production Company …………………………. 31 SandRidge Energy, Inc. ……………………………………………………. 33 Whiting Petroleum Corporation …………………………………………. 34 Denbury Resources, Inc. ………………………………………………….. 35 Noble Energy, Inc. …………………………………………………………… 36 Concho Resources Inc. …………………………………………………….. 37 Company Notes ………………………………………………………………… -
HOUSE RES COMMITTEE -1- April 24, 2012 - HEARD & HELD
ALASKA STATE LEGISLATURE HOUSE RESOURCES STANDING COMMITTEE April 24, 2012 1:27 p.m. MEMBERS PRESENT Representative Eric Feige, Co-Chair Representative Paul Seaton, Co-Chair Representative Peggy Wilson, Vice Chair Representative Alan Dick Representative Neal Foster Representative Bob Herron Representative Cathy Engstrom Munoz Representative Berta Gardner Representative Scott Kawasaki MEMBERS ABSENT All members present OTHER LEGISLATORS PRESENT Representative Lance Pruitt Representative Kurt Olson Representative Dan Saddler Representative Pete Petersen Representative Chris Tuck Representative Anna Fairclough Representative Craig Johnson Representative Mike Doogan Senator Cathy Giessel COMMITTEE CALENDAR HOUSE BILL NO. 3001 "An Act relating to adjustments to oil and gas production tax values based on a percentage of gross value at the point of production for oil and gas produced from leases or properties north of 68 degrees North latitude; relating to monthly installment payments of the oil and gas production tax; relating to the determinations of oil and gas production tax values; relating to oil and gas production tax credits including qualified capital credits for exploration, development, or production; making conforming amendments; and providing for an effective date." HOUSE RES COMMITTEE -1- April 24, 2012 - HEARD & HELD PREVIOUS COMMITTEE ACTION BILL: HB3001 SHORT TITLE: OIL AND GAS PRODUCTION TAX SPONSOR(s): RULES BY REQUEST OF THE GOVERNOR 04/18/12 (H) READ THE FIRST TIME - REFERRALS 04/18/12 (H) RES, FIN 04/20/12 (H) RES AT 1:00 -
801—Arctic Energy
North Slope oil and gas - a short history Contents Oil and gas development brought statehood for Alaska, a large and consistent revenue stream for state and local gov- 3 North Slope oil and gas ernments, a $33 billion savings account for Alaskans to enjoy and indoor plumbing and schools for many rural resi- 4 Viscous oil dents, including those who live on the North Slope. 4 Most frequently asked questions Most of Alaska’s oil comes from the 24 producing fields on the North Slope, including Prudhoe Bay, one of the 5 Facts about Alaska largest oil fields in the world. North Slope production totals about 900,000 barrels of oil per day. While the huge Prudhoe Bay field is in gradual decline, North Slope oil fields 5 Economic impact still provide a significant amount of U.S. domestic produc- tion. 6 Who we are An 800-mile-long pipeline carries North Slope oil to tide- 7 Natural gas water where it is transferred to tankers for transport to downstream markets. 8-13 North Slope oil fields Oil was first discovered on the North Slope thousands of 14-17 Drilling technology years ago. Native Eskimos cut blocks of oil-soaked tundra from natural seeps to use as fuel. But the first real search 18-19 Oil production for oil didn’t begin until the late 1920s when hearty explor- ers traveled by dog team, foot and boat. 20-21 Getting oil to market, TAPS The first geologic surveys took place on Alaska’s North Slope in the late 1950s and early 1960s and in 1968, after 22-23 Double hull tankers nearly a dozen unsuccessful wells, or “dry holes,” a major discovery was made. -
Conocophillips Alpine CD-5 2011
United States Department of the Interior U.S. FISH AND WILDLIFE SERVICE Fairbanks Fish and Wildlife Field Office 101 12th Avenue, Room 110 Fairbanks, Alaska 99701 December 2, 2011 Kevin Morgan, Chief, Regulatory Division USACE Alaska District P.O. BOX 6898, CEPOA-RD JBER, AK 99506-0898 Re: Biological Opinion for the ConocoPhillips Alaska, Inc.’s proposed CD-5 project (POA-2005-1576) Dear Mr. Morgan: This document transmits the U.S. Fish and Wildlife Service’s (Service’s) Biological Opinion (BO) on a revised proposal by ConocoPhillips Alaska, Inc. to construct and operate Alpine Satellite Development CD-5 and concludes section 7 consultation on the proposed action. After reviewing the information provided, the status of the species, the environmental baseline, and cumulative effects, the Service has concluded that the proposed activities may adversely affect spectacled eiders (Somateria fischeri), polar bears (Ursus maritimus), and polar bear critical habitat but are not likely to jeopardize the continued existence of either species and are not likely to destroy or adversely modify designated critical habitat for polar bears. We also concluded that the proposed action is not likely to adversely affect Steller’s eiders (Polysticta stelleri). The Service previously issued a BO for CPAI’s proposed Alpine Satellite Development Project located within the Colville River Delta and the eastern planning area of the National Petroleum Reserve-Alaska on September 28, 2004 (2004 BO). In the 2004 BO, the Service concluded that the proposed project, including plans for future development of CD-5, would not jeopardize the continued existence of spectacled eiders and the proposed action was not likely to adversely affect Steller’s eiders.