November 2020
Producers 2020: HEX getting to work at Kitchen Lights
HEX Cook Inlet is taking a pragmatic approach at its new Cook Inlet property. HEX Cook Inlet LLC became the newest operator in Alaska this summer when it closed on a deal to acquire the assets of Furie Operating Alaska LLC and related companies.
https://www.petroleumnews.com/pnads/966432627.shtml
October 2020
Hilcorp jack-up rig
ADEC issues preliminary approval to move Spartan 151 jack-up to Tyonek Platform. Hilcorp Alaska LLC is advancing its plan to move the Spartan 151 jack-up rig to the Tyonek platform in the North Cook Inlet unit, approximately 40 miles west-southwest of Anchorage in 100 feet of water at mean lower low water.
https://www.petroleumnews.com/pnads/68770062.shtml
January 2019 – Judge Pate dismissed the case. The State of Alaska requested a motion for entry of final judgement. Forrer’s attorney filed a motion for reconsideration and opposed the defendant’s motion for entry of final judgement. On 1-22-19 Judge Pate issued an order denying the motion for reconsideration and issued an order granting entry of final judgement.
https://records.courts.alaska.gov
August 2020
New owner: Furie going ‘back to basics’ of natural gas
The bankruptcy sale of Furie Operating Alaska has closed with new owner John Hendrix taking over. Hendrix, a former oil and gas executive and adviser to former Gov. Bill Walker, said the company will be focusing on its core gas business and abandoning its previous efforts to expand into oil production.
https://www.alaskajournal.com/2020-08-05/new-owner-furie-going-%E2%80%98back-basics%E2%80%99-natural-gas
July 2020
HEX closes KLU sale
Closing on schedule with Ch. 11 reorg plan; AIDEA loan key to Alaska deal. On June 30, Anchorage based HEX Cook Inlet LLC closed the deal to acquire the assets and existing equity interests of Chapter 11 debtor Furie Operating Alaska LLC and related debtor companies Cornucopia Oil & Gas Company LLC and Corsair Oil & Gas LLC.
https://www.petroleumnews.com/pnads/734656981.shtml
New approach
HEX reviews Kitchen Lights reserves, aims to tap Sterling formation. Alaska-owned HEX LLC is taking a fresh look at the reserves in the Kitchen Lights unit, which as of July 1 it owns and operates through its acquisition of Chapter 11 bankruptcy debtor Furie Operating Alaska LLC and related debtor companies.
https://www.petroleumnews.com/pnads/345612659.shtml
Furie Chapter 11 bankruptcy case closed
Reorganization wrapped up; Kitchen Lights unit lease work completed as HEX takes over; agreement with ORRI owner Infinity filed. The Chapter 11 bankruptcy case of Furie Operating Alaska LLC is officially closed, pursuant to a final decree and order signed July 1 by Judge Laurie Selber Silverstein and filed in the U.S. Bankruptcy Court for the District of Delaware.
https://www.petroleumnews.com/pnads/573256667.shtml
May 2020
Confirmation hearing set for sale of Furie Cook Inlet assets
A confirmation hearing for the Furie Alaska Operating LLC second amended joint plan of reorganization in its Chapter 11 bankruptcy case has been set for June 11 at 11 a.m. prevailing Eastern Time, before Judge Laurie Selber Silverstein in the U.S. Bankruptcy Court for the District of Delaware in Wilmington. The notice of the hearing was filed with the court on May 12.
https://www.petroleumnews.com/pnads/632670238.shtml
April 2020
HEX inks KLU deal
AIDEA backs Alaskan startup to acquire Cook Inlet natural gas project. Anchorage-based HEX LLC said it has entered into a binding term sheet with the debtors and key creditors in the Chapter 11 bankruptcy of Furie Operating Alaska LLC, moving closer to its goal to acquire Furie’s Cook Inlet assets.
https://www.petroleumnews.com/pnads/950248747.shtml
March 2020
Dueling KLU buyers
Order authorizes Furie to enter into sale agreement; HEX counteroffers. Judge Laurie Selber Silverstein has signed an order authorizing Furie Operating Alaska LLC to enter into an acquisition by foreclosure agreement with a new buyer: Kachemak Exploration LLC, a Delaware corporation recently formed by John Upton’s GFR Holdings of Fort Worth, Texas, and Melody Capital Partners L.P., represented by Melody executive Blake Yaralian.
https://www.petroleumnews.com/pnads/579234532.shtml
November 2019
Furie POD extension?
Chapter 11 proceedings stifle new development or exploration commitments at KLU. Furie Operating Alaska LLC, in an Oct. 4 letter signed by counsel Jon Iversen of Stoel Rives LLP, has requested an extension of its existing plan of development for the Kitchen Lights unit, located offshore in upper Cook Inlet.
https://www.petroleumnews.com/pnads/533989315.shtml
October 2019
Furie asset sale set
Cook Inlet natural gas platform and facilities, Kitchen Lights unit on the block. U.S. Bankruptcy Judge Laurie Selber Silverstein signed a bidding procedures order Sept. 26 in the Furie Operating Alaska LLC Chapter 11 case in U.S. Bankruptcy Court for the District of Delaware.
https://www.petroleumnews.com/pnads/142565917.shtml
September 2019
Producers Magazine Preview: Kitchen Lights on the market
As a result of Furie’s bankruptcy, the Cook Inlet natural gas producing unit’s assets being sold, includes leases, facilities. Owned by Texas-based Cornucopia Oil & Gas Co., which in turn is owned by Deutsche Oel and Gas, Furie Operating Alaska LLC is operator of the offshore Cook Inlet Kitchen Lights unit that began producing natural gas in 2015.
https://www.petroleumnews.com/pnads/603683453.shtml
August 2019
Furie files Ch. 11
Assets $50 million, debt $450 million; Cook Inlet E&P goes on market. Furie Operating Alaska LLC, headquartered in Anchorage, filed a voluntary petition for Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware Aug. 9, listing about $450 million in debt. The company said it plans to sell its assets, which it listed on its petition with an estimated value of less than $50 million, by early January 2020. The company said it had fewer than 49 creditors.
https://www.petroleumnews.com/pnads/43582353.shtml
May 2019
KLU gas output climbs
Operator Furie is gradually bringing Kitchen Lights production back online. The Spartan 151 jack-up rig cantilevered over the Julius R. platform in the Kitchen Lights gas field in Cook Furie Operating Alaska’s natural gas production from the offshore Kitchen Lights unit continues to increase, per the Alaska Oil and Gas Conservation Commission. Natural gas output from the Cook Inlet field in April was 347,919 thousand cubic feet as compared to 68,651 mcf in March.
https://www.petroleumnews.com/pnads/364481101.shtml
January 2019 – Judge rules on constitutionality of tax credit bonds
http://www.alaskajournal.com/2019-01-03/judge-rules-constitutionality-tax-credit-bonds#.XEjQnVVKhhF
December 2018 – Furie Operating Alaska completed its planned 2018 drilling program in the Kitchen Lights unit, offshore in Cook Inlet, according to a state notice approving the company’s latest plan of development.
http://www.petroleumnews.com/pnads/30024445.shtml
December 2018 – Kitchen Lights Unit Sixth Plan of Development – Approval
http://dog.dnr.alaska.gov/Documents/Units/2018/20181211_KitchenLights_POD_2019_Approved.pdf
October 2018 – Furie Operating Alaska’s latest plan of development for its Cook Inlet Kitchen Lights gas field indicates that the company hopes to drill and evaluate an additional development well into the Sterling formation from the Julius R. production platform in 2019.
http://www.petroleumnews.com/pnads/315810297.shtml
September 2018 – Furie is testing one Kitchen Lights development well, drilling another
Furie Operating Alaska has completed the KLU A-1 well and is currently using the Spartan 151 jack-up rig to drill the KLU A-4 well at the Julius R. platform in the Kitchen Lights unit
http://www.petroleumnews.com/pnads/753661044.shtml
July 2018 – Furie planning completion of two more Kitchen Lights gas production wells
http://www.petroleumnews.com/pnads/846963353.shtml
January 2019 – Judge Pate dismissed the case. The State of Alaska requested a motion for entry of final judgement. Forrer’s attorney filed a motion for reconsideration and opposed the defendant’s motion for entry of final judgement. On 1-22-19 Judge Pate issued an order denying the motion for reconsideration and issued an order granting entry of final judgement.
https://records.courts.alaska.gov
January 2019 – Judge rules on constitutionality of tax credit bonds
http://www.alaskajournal.com/2019-01-03/judge-rules-constitutionality-tax-credit-bonds#.XEjQnVVKhhF
December 2018 – Furie Operating Alaska completed its planned 2018 drilling program in the Kitchen Lights unit, offshore in Cook Inlet, according to a state notice approving the company’s latest plan of development.
http://www.petroleumnews.com/pnads/30024445.shtml
December 2018 – Kitchen Lights Unit Sixth Plan of Development – Approval
http://dog.dnr.alaska.gov/Documents/Units/2018/20181211_KitchenLights_POD_2019_Approved.pdf
October 2018 – Furie Operating Alaska’s latest plan of development for its Cook Inlet Kitchen Lights gas field indicates that the company hopes to drill and evaluate an additional development well into the Sterling formation from the Julius R. production platform in 2019.
http://www.petroleumnews.com/pnads/315810297.shtml
September 2018 – Furie is testing one Kitchen Lights development well, drilling another
Furie Operating Alaska has completed the KLU A-1 well and is currently using the Spartan 151 jack-up rig to drill the KLU A-4 well at the Julius R. platform in the Kitchen Lights unit
http://www.petroleumnews.com/pnads/753661044.shtml
July 2018 – Furie planning completion of two more Kitchen Lights gas production wells
http://www.petroleumnews.com/pnads/846963353.shtml
January 28, 2018 – Furie asks DOG for corrections to Kitchen Lights plan approval
http://www.petroleumnews.com/pnads/11236000.shtml
Furie Operating Alaska has written to Chantal Walsh, director of Alaska’s Division of Oil and Gas, requesting corrections to what the company characterizes as factual errors in an approval notice the division issued for the new
July 15, 2018-Furie planning completion of two more Kitchen Lights gas production wells
Furie Operating Alaska is planning to complete one well and drill another, to achieve a target of having a total of four production wells on line in its Kitchen Lights gas field in Cook Inlet by the end of this year’s drilling season, Scott Pinsonnault, the company’s chief operating officer, told Petroleum News July 9. The Spartan 151 jack-up rig is on site at the Julius R. production platform, being cantilevered over the platform.
“They’ve been rigging up … for the last five or six days,” Pinsonnault said.
January 14, 2018 – ML&P signs agreement for Furie gas
Municipal Light & Power has asked the Regulatory Commission of Alaska to add Furie Operating Alaska LLC to the list of gas suppliers in the ML&P tariff, following the signing of a gas supply agreement between ML&P and Furie.
January 07, 2018 – State says company failed to meet drilling commitment for 2017 but can cure default through new development plan for 2018
http://www.petroleumnews.com/pnads/660121661.shtml
The division has also approved Furie’s Kitchen Lights plan of development for the coming year and has said that the company can cure the default by meeting all of the drilling commitments in the new plan.
December 31 2017 – DGGS reports on oil stained Jurassic
http://www.petroleumnews.com/pnads/90605495.shtml
The producing oil fields of northern Cook Inlet all have reservoirs in younger rocks that are Tertiary in age, although the oil is understood to have originated in a Jurassic source rock in the Mesozoic.
December 28, 2017 – Kitchen Lights Unit – Revised 5th Plan of Development –Approved
/wp-content/uploads/2018/01/20171228_KT_POD_2018_Approved-1.pdf
November 19, 2017 – Furie blames state for lack of drilling. Budgetary standoff and lack of tax credit funding prompt company to postpone Kitchen Lights work
The company said it might postpone the development well in favor of drilling a new exploration well or re-entering and deepening the existing KLU No. 4 well.
October 22, 2017 – Company blames tax credits for halting Kitchen Lights drilling program
http://www.petroleumnews.com/pnads/68035096.shtml
In a plan of development submitted to state officials in early October, the local independent wrote that “the lack of any meaningful appropriation to the oil and gas tax credit fund for the purchase of Alaska oil and gas production tax credit certificates” prevented the company from drilling development or exploration wells at the unit.
October 06, 2017 – Kitchen Lights Unit – Fifth Plan of Development
October 01, 2017 – Enstar files modified Furie contract
Enstar has now agreed to extend the deadline to July 31, 2018
July 11th 2016 – Alaska independent plans deep Cook Inlet oil test
https://www.platts.com/latest-news/oil/anchorage-alaska/alaska-independent-plans-deep-cook-inlet-oil-21944030
Webb said KLU-4 encountered gas in several intervals at depths between 6,000 feet and 10,000 feet in the Sterling and Beluga formations when it was drilled two years ago. The plan now is to deepen the well to test for oil in a prospect between 16,000 feet and 18,000 feet in the Tyonek and Hemlock formations, which produce oil in other parts of Cook Inlet. If the prospect is productive Furie believes a full development could see as much as 25,000 b/d, Webb said
May 28, 2017 – United States Department of Commerce, National Oceanic and Atmospheric Adminnistration: Exploration Drilling in the Kitchen Lights Unit of Cook Inlet, Alaska, 2017-2021
/wp-content/uploads/2017/08/2017-through-2021-Furie-Exploration-plans.pdf
May 20, 2017 – State of Alaska DNR, LOCI 16-001, Furie Operating, KLU, Exploration Project Unit Plan of Operations
/wp-content/uploads/2016/11/Furie-KitchenLightsUnit-ExplorationDrillingDecision-002.pdf
May 28, 2017 – The Explorers 2017: Furie planning Jurassic well at KLU
http://www.petroleumnews.com/pnfriends/942565013.shtml
In a plan of operations submitted to the state in March 2016, the local independent announced a five-year plan to drill as many as 10 exploration wells at its offshore Kitchen Lights unit.
A decision from the state Division of Oil and Gas in late May 2016 allowed the company to proceed with the KLU No. 4 project in the Corsair block and the KLU No. 9 and KLU No. 12 wells immediately.
“The Furie GSA has the effect of diversifying Chugach’s gas supply while retaining flexibility as to gas volumes and pricing,” the commission said.
April 02, 2017- Furie, feds ending legal battle
http://www.petroleumnews.com/pnads/109707542.shtml
The company and a group of federal agencies and officials led by the U. S. Department of Homeland Security filed a stipulation on March 24 dismissing their claims and counterclaims against the other, and each agreeing to pay their own costs.
KSRM: March, 24 2017
http://www.radiokenai.us/furie-prepares-for-test-of-jurassic-formation/
Furie Operating Alaska is planning to conduct a test on the Jurassic formation in the Cook Inlet this summer
March 26, 2017- Furie plans to drill to Jurassic
http://www.petroleumnews.com/pnads/214549299.shtml
Geologists have long speculated about the possibility of finding as-yet undiscovered oil resources in Mesozoic strata, including the Jurassic, deep under the younger and shallower Tertiary strata that host the reservoirs of the producing Cook Inlet oil and gas fields. The source of the oil in these fields lies within the Jurassic sequence, and much oil estimated to have been generated from the Jurassic source remains unaccounted for.
March 26, 2017- CEA, Furie sign supply agreement
The 1.8 bcf per year in the new Furie gas supply would then likely account for 20 to 25 percent of the utility’s gas fuel needs during the period of the firm supply component of the contract.
July 02, 2017- State approves plans for Jurassic exploration well at Kitchen Lights
http://www.petroleumnews.com/pnads/109044506.shtml
Furie said it would drill the KLU No. 4 well to a depth capable of targeting the Sunfish Channel of the lower Tyonek formation.
June 11, 2017- Furie mobilizing rig early July
http://www.petroleumnews.com/pnads/779935720.shtml
“Furie also plans to drill a deep exploration well into the Jurassic in the Kitchen Light unit this year.”
May 28th 2017 – Kitchen Lights development could realize long-held vision for Cook Inlet gas
The KLU No. 4 well, which Furie started drilling in 2014, is located in the Northern block.
May 28th 2017 – Furie planning Jurassic well at KLU
http://www.petroleumnews.com/pnads/942565013.shtml
A decision from the state Division of Oil and Gas in late May 2016 allowed the company to proceed with the KLU No. 4
May 28th 2017 – Furie takes first steps toward adding Inlet oil platform
http://homernews.com/homer-news/business/2016-07-06/furie-takes-first-steps-toward-adding-inlet-oil-platform
The KLU-4 well was originally drilled to 10,000 feet in 2014 and will be punched down to 18,000 possibly this year but more likely next, according to Webb.
“We know there’s gas there for sure; we’ve drilled through some gas and we see the gas on the seismic and on the seismic it appears to be a pretty large oil reservoir, but again, you don’t know for sure until you drill into it,” he said. “It could be really good sandstone with water.”
The company once intended to drill farther, into the Jurassic formation, but expiration of the state tax credit for drilling with a jack-up rig in July caused Furie to back off on the extra drilling, Webb added. The work will be done with the Randolph Yost jack-up rig, a modified shelf-drilling rig the company moved to the Inlet early this year from the South Pacific.
He said Furie hopes to get at least 2,000 barrels per day from KLU-4 starting sometime in 2019, about the time the company believes the oil production will become profitable.
While Furie has identified gas in KLU-4, it hasn’t been fully delineated.
“We’ll go after the oil and the gas will be there when we need it,” Webb said.
It has begun the permitting process for another platform and is shooting for mid- to late 2018 to start development and eventual installation
Sept. 10th 2015
Deutsche Oel & Gas Onshore Gas Processing Facility
Sept. 3rd 2015
Deutsche Oel & Gas Pipeline Hydro Test
Aug 6th 2015
Deutsche Oel & Gas Production Platform Installation
July 7th 2015
Deutsche Oel & Gas Monopod Installation
May 27th 2015
Deutsche Oel & Gas Pipeline Kitchen Lights Unit
April 11th 2015
Deutsche Oel & Gas KLU3 Success