NEWS BULLETIN

March 02, 2010 --- Vol. 16, No. 16March 2010

February ANS crude production down slightly from January

Alaska North Slope crude oil production averaged 670,144 barrels per day in February, down 0.27 percent from a January average of 671,989 bpd.

The largest per-barrel change was at Prudhoe Bay, which averaged 346,517 bpd in February, up 2.24 percent or 7,602 bpd from a January average of 338,915 bpd.

The BP-operated Lisburne field had the largest per-barrel and percentage drop in month-to-month production, down 14.2 percent or 4,945 bpd, averaging 29,910 bpd in February.

The ConocoPhillips Alaska-operated Alpine field averaged 89,179 bpd in February, down 4.48 percent or 4,178 bpd, from a January average of 93,357 bpd.

The Kuparuk River field, also operated by ConocoPhillips Alaska, averaged 141,915 bpd in February, down 0.3 percent from a January average of 142,345 bpd.

BPís Milne Point field averaged 26,534 bpd in February, down 0.28 percent from a January average of 26,608 bpd.

The BP-operated Northstar field averaged 22,190 bpd in February, down 0.5 percent from a January average of 22,301 bpd.

The BP-operated Endicott field averaged 13,899 bpd in February, up 2.14 percent from a January average of 13,608 bpd.

Cook Inlet production averaged 10,897 bpd, up 13.94 percent from a January average of 9,564 bpd.

Editorís note: See full story in the March 7 issue of Petroleum News, which will be available online at noon on March 5 to subscribers at www.petroleumnews.com.


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