Furie Operating Alaska announced the launch of the $40 million in-field natural gas development program aimed at increasing gas production in Cook Inlet. The Spartan 151 jack-up rig left the rig tenders dock in Nikiski, and is now at the Julius R platform in the Kitchen Lights Unit.
John Hendrix, President and CEO of Furie, spoke to the importance of this initiative for Alaskans.
“Today is the continuation of our commitment to Alaskans,” Hendrix said. “We are embarking on a $40 million in-field gas development program that will demonstrate that Alaskans can drill and produce more gas out of Cook Inlet. Alaska became a state because of Cook Inlet oil and gas! Furie will drill and bring on more gas this drilling season to meet the critical needs of our fellow Alaskan customers.”
Furie’s program comes amid growing demand for locally sourced energy. Hendrix said the company is responding to that call with a long-term development strategy that leverages both state support and Furie’s expanding infrastructure.
In March, Furie doubled the number of wells that can be drilled from the Julius R platform by adding more well slots than initially planned. This expansion is part of a multi-year development roadmap made possible through support from the State of Alaska, the Department of Natural Resources, and the Alaska Industrial Development and Export Authority.
As a result of recent efforts, Furie increased its share of Cook Inlet’s natural gas production from approximately 5% in December 2024 to 7.5% in February 2025, marking a 50% rise in contribution.
Since entering Cook Inlet, Furie has invested more than $900 million in regional development, including the construction of the newest offshore gas production platform.
Furie Operating Alaska is the only 100% Alaskan-owned oil and gas production company in the state. Alongside its parent company, HEX Cook Inlet, LLC, Furie is headquartered in Anchorage. Hendrix was raised in Homer and received his civil engineering degree from the University of Tennessee. In 2020, he founded HEX and purchased Furie.
I want to thank Furie for its efforts in making sure Alaskans have the energy they need to stay alive.
Good luck and work safely folks. And be sure those BOPs are in good order!
I second that.
Now is the time to acknowledge and announce that Cook Inlet gas is not in diminishing supply. Encourage Furie to increase production and consider adding a platform to allow future production. To support this effort encourage State and private enterprises to get behind efforts and programs that can ensure good financing of the Cook Inlet gas expansion efforts. With this assured expansion potential large energy projects can start planning so there is high demand to help reduce rates. Drill John Drill