Fagan Convenes Gas Pipeline Summit
Dan Fagan (NGP Photo) presents a first ever luncheon featuring all the players, decision makers, and experts on Alaska gas. The free for all luncheon/town hall meeting has the sole purpose of determining what's real, true, and plausable for Alaska's vast gas resources. |
Alaska Dispatch by Patti Epler. ...a new oil and gas drilling operation has begun in Cook Inlet and is churning its way toward a potential $25 million boost from the state.
said Escopeta expects to spend about $30 million to get the rig into place, between mobilization costs and other expenses to satisfy state requirements. ... Escopeta plans to spud the well by the end of the month, coming in just under a deadline set by the Legislature for drilling to begin in order for the company to take advantage of an incentive program passed late last year. Lawmakers offered to pay for as much as 100 percent -- up to $25 million for the first well -- of the cost of the first three wells for the first company to bring a jack-up rig to the area and begin work. A couple weeks ago, two environmental organizations -- Trustees for Alaska and Cook Inletkeeper -- asked federal regulators to prevent Escopeta from bringing the rig into Cook Inlet because of concerns over the effects on beluga whales.
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NPG Readers: Prepare to Comment Comment Against Federal Government Lockup of ANWR’s 1002 Area Testify: Fairbanks 10-19-11, Anchorage 10-20-11
Written testimony due: 11-15-11
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presents a first ever luncheon featuring all the players, decision makers, and experts on Alaska gas. The free for all luncheon/town hall meeting has the sole purpose of determining what's real, true, and plausable for Alaska's vast gas resources.