NEWS BULLETIN

April 01, 2009 --- Vol. 15, No. 29April 2009

March North Slope crude oil volumes up marginally

Alaska North Slope crude oil production averaged 742,002 barrels per day in March, nearly flat from a February average of 738,318 bpd.

BP Exploration (Alaska)-operated Prudhoe Bay had the largest per-barrel increase, averaging 375,745 bpd, up 2.55 percent from 366,406 bpd in February. Northstar, also operated by BP, had the largest percentage increase, 2.62 percent, averaging 24,098 bpd in March, compared to 23,483 bpd in February.

The ConocoPhillips Alaska-operated Alpine field averaged 111,900 bpd in March, up 1.33 percent from a February average of 110,428 bpd.

Other North Slope fields saw a month-over-month decline in production.

The BP-operated Lisburne field averaged 33,849 bpd in March, down 9 percent from a February average of 37,211 bpd. The BP-operated Endicott field averaged 12,970 bpd in March, down 6.46 percent from a February average of 13,866 bpd.

BPs Milne Point field averaged 29,784 bpd in March, down 2.38 percent from a February average of 30,509 bpd.

The ConocoPhillips-operated Kuparuk River field averaged 153,655 bpd in March, down 1.76 percent from a February average of 156,415.

Cook Inlet production averaged 10,940 bpd in March, down 6.59 percent from a February average of 11,712 bpd, affected by platform shut-ins late in the month due to the volcanic activity at Mount Redoubt.

See story in April 5 issue, available online at noon, Friday, April 3 at www.PetroleumNews.com


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