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Author	Topic: Cook Inlet Energy scrambles for fuel gas as market tightens	Post a Reply Back to Topics

Nitewolf Champion Author Anchorage Posts:16,537 Points:2,104,670 Joined:Jun 2004	Message Posted: Nov 25, 2012 12:31:07 PM Ignore Nitewolf Report Abuse 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

Nitewolf

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Anchorage

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

Ignore Nitewolf Report Abuse

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

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52MPG Champion Author Dayton Posts:7,254 Points:1,740,670 Joined:Apr 2006	Message Posted: Nov 27, 2012 12:13:18 AM Ignore 52MPG Report Abuse Good excuse to rase rates.
AKmailman Champion Author Alaska Posts:5,627 Points:1,556,570 Joined:Jul 2004	Message Posted: Nov 25, 2012 10:19:24 PM Ignore AKmailman Report Abuse In the meantime, Enstar the ONLY natural gas consumer Supplier is raising its rates by 13%
mike56MI Champion Author Michigan Posts:1,210 Points:306,390 Joined:Aug 2011	Message Posted: Nov 25, 2012 7:45:17 PM Ignore mike56MI Report Abuse OK
kag2010 Champion Author Winnipeg Posts:5,249 Points:1,018,785 Joined:Apr 2010	Message Posted: Nov 25, 2012 5:12:14 PM Ignore kag2010 Report Abuse good thinking i should say,.
AVKZ All-Star Author Kalamazoo Posts:836 Points:291,975 Joined:Apr 2012	Message Posted: Nov 25, 2012 3:49:07 PM Ignore AVKZ Report Abuse Seems everyone is having supply issues.
Jeff1944 Champion Author South Dakota Posts:4,227 Points:1,072,755 Joined:Jan 2010	Message Posted: Nov 25, 2012 3:16:27 PM Ignore Jeff1944 Report Abuse Supply and demand.
csblesson Champion Author Texas Posts:1,806 Points:351,925 Joined:May 2012	Message Posted: Nov 25, 2012 3:11:19 PM Ignore csblesson Report Abuse They might have some hidden agenda
HorizonChaser Champion Author Montgomery Posts:1,973 Points:454,610 Joined:Dec 2011	Message Posted: Nov 25, 2012 2:37:58 PM Ignore HorizonChaser Report Abuse One would begin to think that the only thing the Anchorage Daily News reports is energy-related news.
rasprout Champion Author Tacoma Posts:3,367 Points:1,219,910 Joined:Jun 2009	Message Posted: Nov 25, 2012 2:10:06 PM Ignore rasprout Report Abuse Natural gas is the waive of the future. Switching their focus makes good business sense.
HoosierDaddyKY Champion Author Kentucky Posts:1,262 Points:295,210 Joined:Dec 2011	Message Posted: Nov 25, 2012 1:54:54 PM Ignore HoosierDaddyKY Report Abuse You don't say....
CocoPaz Champion Author Santa Barbara Posts:2,365 Points:321,445 Joined:Jun 2012	Message Posted: Nov 25, 2012 1:37:22 PM Ignore CocoPaz Report Abuse good luck with that We are praying for those of you on the East Coast.
Rockyguitar Champion Author Tampa Posts:2,557 Points:1,200,820 Joined:Sep 2008	Message Posted: Nov 25, 2012 12:46:11 PM Ignore Rockyguitar Report Abuse fine
doggod Champion Author Anchorage Posts:2,838 Points:739,410 Joined:May 2009	Message Posted: Nov 25, 2012 12:39:52 PM Ignore doggod Report Abuse This could get to be a really big deal.
humblepie Champion Author Toledo Posts:34,147 Points:2,369,420 Joined:Mar 2006	Message Posted: Nov 25, 2012 12:32:35 PM Ignore humblepie Report Abuse good thinking