Alaska regulators fine North Slope oil field operator for unauthorized gas flaring

The nameplate on Mustang Holding LLC’s downtown Anchorage office is seen on July 16, 2026. The company is the leaseholder and operator of the Southern Miluveach Unit, which has gone through ownership changes and financial troubles. Mustang Holding flared natural gas for five months without authorization to do so, state regulators say. (Yereth Rosen/Alaska Beacon)
Alaska regulators on Wednesday assessed a $741,520 civil penalty against the operator of a small and trouble-plagued North Slope