Alaska north slope crude oil price

Other reference oil types include Leona, Tijuana, Alaska North Slope, Zueitina or Urals. The most important trading venue for European Brent Crude Oil is the International Petroleum Exchange in

As oil prices fall, so do Alaska budget hopes - Los ... A crash in Alaska North Slope crude prices that echoes a worldwide drop in the price of oil has raised the possibility of multibillion-dollar deficits in a state where 88 cents of every dollar Alaska Journal | ConocoPhillips, Oil Search cutting Alaska ... Alaska North Slope crude sold for $27.73 per barrel on March 17, according to the Revenue Department. According to aggregated figures provided by Revenue, Alaska companies currently spend nearly $39 per barrel, on average, to produce oil and ship it to West Coast refineries. Oil firms to reduce spending on Alaska North Slope projects

Alaska oil producers focus on efficiencies, not $70 oil ...

As world prices tank they are taking Alaska crude along with it, and North Slope oil is back around its more traditional $2 or $3 bump from WTI, which closed March 9 at about $31 per barrel. Alaska North Slope Crude Oil First Purchase Price Alaska North Slope Crude Oil First Purchase Price is at a current level of 57.48, down from 62.21 one year ago. This is a change of -7.60% from one year ago. Will the oil price crash disrupt the BP-Hilcorp deal ... 4 days ago · State regulators have asked Hilcorp, the independent oil company buying BP’s Alaska assets, to disclose whether and how the pandemic-driven crash in oil prices will affect its ability to seal Will the oil price crash disrupt the BP-Hilcorp deal ... 1 day ago · Hilcorp’s Innovation drilling rig on the North Slope. (Photo courtesy of Hilcorp) State regulators have asked Hilcorp, the independent oil company buying BP’s Alaska assets, to disclose

25 minutes ago · The price for Alaska North Slope crude hovered near $30 per barrel in the second week of April as Saudis and Russian officials worked to end their production and price war that added downward pressure to oil markets already flooded with supply after the severe COVID-19-induced drop in demand started a month ago.

Alaska North Slope First Purchase Price (Dollars per Barrel) Purchase Prices by Area · Domestic Crude Oil First Purchase Prices for Selected Crude Streams. Decade, Year-0, Year-1, Year-2, Year-3, Year-4, Year-5, Year-6, Year-7, Year-8, Year-9. 1970's, 9.56, 13.01. 1980's, 22.65, 33.71, 30.43, 28.00, 27.59, 25.74  Mar 12, 2020 Alaska, the U.S. state most dependent on taxes and other income from the oil and Crude oil prices today - Oilprice.com The revenue forecast was based on an annual average Alaska North Slope (ANS) oil price of $63.54 

Mar 16, 2020 Alaska North Slope crude sold for $33.47 per barrel on Thursday, according to the Revenue Department. If Alaska oil prices average $40 per 

Another drop in crude oil prices is always a risk along with the pending tax initiative. But thanks to the new technologies like horizontal drilling the cost of the new oil supply is lower, ranging from $18/b to $45/b across many of the new projects, so there appears some margin to … Alaska can’t rely on oil: The forecasts look grim for ... Oct 10, 2019 · On Tuesday, Brent crude was at $58.24 and Alaska North Slope crude was at $60.37, according to the price listings on the Alaska Department of Revenue’s oil price tracker. Where Does All That Oil Go? - Alaska Business Magazine A major out-of-state refinery handling Alaska crude is BP’s Cherry Point, in Blaine, Washington. The facility first opened in 1971 with the primary purpose of refining crude oil brought by tanker ships departing Valdez North Slope oil. Alaska predicts near-term oil production decline | S&P ... Total crude oil production from Alaska's North Slope averaged 496,900 barrels per day in FY 2019. The oil production forecast expects ANS production to remain relatively stable in coming years, with production of 492,100 barrels per day in FY 2020 and 490,500 barrels per day in FY 2021.

Alaska predicts near-term oil production decline | S&P ...

Oil Firms to Reduce Spending on Alaska North Slope ... Mar 20, 2020 · The price of Alaska North Slope crude was $27.73 per barrel March 17 and Alaska companies currently spend an average of nearly $39 per barrel to produce oil … Alaska Journal | New data, old well add up to major North ... 25 minutes ago · The price for Alaska North Slope crude hovered near $30 per barrel in the second week of April as Saudis and Russian officials worked to end their production and price war that added downward pressure to oil markets already flooded with supply after the severe COVID-19-induced drop in demand started a month ago.

Alaska North Slope crude oil price and the behavior of ... The Alaska North Slope crude oil price is the driving force in changes of L.A. diesel price. This apparent breakdown may be seen as the result of an imbalance in market power or market liquidity, which favors information flow, and thus price determination, from the intermediate to the final good. As oil storage in lower 48 declines, Alaska maintains ... “No Alaska North Slope Crude is going into that." Declining oil prices have given the state a image of its future finances and the declining revenues are discouraging future investments as well. Why Is Big Oil So Excited About Alaskan Crude? | OilPrice.com