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Author Topic: Cook Inlet Energy scrambles for fuel gas as market tightens Back to Topics
Nitewolf
Champion Author
Anchorage

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Message Posted: Nov 25, 2012 12:31:07 PM

By WESLE LOY — Petroleum News

Cook Inlet Energy LLC recently decided to delay its plans to repair a shut-in and potentially lucrative oil well to focus instead on reviving an idle natural gas well.

Why?

The company has been having trouble securing enough fuel gas for field operations. It hopes to restore production soon from the gas well known as RU-3 so the company won't have to rely on buying gas supplies that have become increasingly scarce.

"We need our own supply," David Hall, Cook Inlet Energy's chief executive, told Petroleum News on Nov. 20. "We need gas to turn the drill bit."

Cook Inlet Energy is a small, Anchorage-based oil and gas producer that operates a number of properties including the West McArthur River oil field and the offshore Redoubt unit with the Osprey platform
Visit Anchorage Daily News for full article
REPLIES (newest first) Post a Reply
52MPG
Champion Author Dayton

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Message Posted: Nov 27, 2012 12:13:18 AM

Good excuse to rase rates.
AKmailman
Champion Author Alaska

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Message Posted: Nov 25, 2012 10:19:24 PM

In the meantime, Enstar the ONLY natural gas consumer
Supplier is raising its rates by 13%
mike56MI
Champion Author Michigan

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Message Posted: Nov 25, 2012 7:45:17 PM

OK
kag2010
Champion Author Winnipeg

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Message Posted: Nov 25, 2012 5:12:14 PM

good thinking i should say,.
AVKZ
Champion Author Kalamazoo

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Message Posted: Nov 25, 2012 3:49:07 PM

Seems everyone is having supply issues.
Jeff1944
Champion Author South Dakota

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Message Posted: Nov 25, 2012 3:16:27 PM

Supply and demand.
csblesson
Champion Author Texas

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Message Posted: Nov 25, 2012 3:11:19 PM

They might have some hidden agenda
HorizonChaser
Champion Author Montgomery

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Message Posted: Nov 25, 2012 2:37:58 PM

One would begin to think that the only thing the Anchorage Daily News reports is energy-related news.
rasprout
Champion Author Tacoma

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Message Posted: Nov 25, 2012 2:10:06 PM

Natural gas is the waive of the future. Switching their focus makes good business sense.
HoosierDaddyKY
Champion Author Kentucky

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Message Posted: Nov 25, 2012 1:54:54 PM

You don't say....
CocoPaz
Champion Author Santa Barbara

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Message Posted: Nov 25, 2012 1:37:22 PM

good luck with that

We are praying for those of you on the East Coast.
Rockyguitar
Champion Author Tampa

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Message Posted: Nov 25, 2012 12:46:11 PM

fine
doggod
Champion Author Anchorage

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Message Posted: Nov 25, 2012 12:39:52 PM

This could get to be a really big deal.

humblepie
Champion Author Toledo

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Message Posted: Nov 25, 2012 12:32:35 PM

good thinking
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