Wednesday, August 28, 2019

Hilcorp clears some regulatory hurdles to conduct a seismic survey in lower Cook Inlet

"Oil and gas development company Hilcorp is planning to survey an offshore lease site in lower Cook Inlet. This survey is looking for untapped oil and gas deposits it could develop near Anchor Point and Homer.

The Texas energy company had originally hoped to conduct the roughly 45-to-60 day survey earlier this year. However, due to concerns about the effect of the survey during the fishing season as well as permitting delays, its plans were pushed back.

Hilcorp still needs a permit from the Bureau of Ocean Energy Management. But on Tuesday, the regulator released an environmental assessment and finding of no significant impact. The bureau said the seismic survey, roughly 370 square miles, would have negligible effects on marine life and birds.

In a related development, NOAA announced provisions last week allowing Hilcorp’s proposed oil and gas activities across Cook Inlet. The authorization says its aim is to minimize harm to marine mammals over the next five years. Read more here at KBBI.org.


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