Hilcorp Talks Projects In The Cook Inlet

first_imgWilkins: “As you may have noticed we’ve been active onshore around the Anchor Point area we drilled a well over this past summer. Next step in 2019 we’re going to figure out if we’ve got anything at that well.”  On the west side of Cook Inlet, Hilcorp operates the Ivan River, Lewis River, Pretty Creek and Beluga River units. Offshore, the company operates the North Cook Inlet unit, the Granite Point unit, the Middle Ground Shoal unit, the Trading Bay unit and the North Trading Bay unit and associated McArthur River field. The Pipeline and related facilities, located on the West Side of Cook Inlet, consist of 44 miles of onshore crude oil pipelines, dual 2.7 mile-long offshore crude oil pipelines, the Drift River tank farm, and the offshore Christy Lee loading platform. Facebook0TwitterEmailPrintFriendly分享Hilcorp Alaska LLC remains the dominant producer in the Cook Inlet area, currently operating about 19 fields and units. In the southern Kenai Peninsula, the company operates the Ninilchik, Deep Creek and Nikolaevsk units. In the northern Kenai Peninsula, the company operates the Birch Hill unit, the Swanson River unit, the Beaver Creek unit, the Sterling unit, the Kenai unit and the Cannery Loop unit. Wilkins: “We’re not here to take profit. In our business model we look at the long haul, and what this pipeline project did was extend the life of the oil and gas operations in the Cook Inlet for about 20 years.”  The undersea pipeline in the Cook Inlet operated by Hilcorp Alaska, and Harvest Alaska officially began operations in October of 2018. The Kenai Peninsula Borough Assembly approved an application back in November for an underground oil and gas lease for five parcels of Kenai Peninsula Borough land in Anchor Point for Hilcorp. Wilkins said the company will launch a “comprehensive field study” of the newly leased areas. The $75 Million project includes construction of new onshore and offshore pipelines and the conversion of an existing cross inlet pipeline (CIGGS-A) from gas to oil, allowing oil to be transported from the east side of Cook Inlet to the Marathon Petroleum Refinery (previously Andeavor) via subsea pipeline. Dave Wilkins, Senior Vice President: “There’s lots of opportunities in the Cook Inlet area, in both oil and gas. Reinvesting the capital to insure up the infrastructure will allow us to continue to operate there for generations to come.” last_img

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