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Vol. 15, No. 12 Week of March 21, 2010
Providing coverage of Alaska and northern Canada's oil and gas industry

Arctic Directory: Peak expands Cook Inlet division operations

On Oct. 23 Cook Inlet Region Inc.’s Web site carried an article reporting on Peak Oilfield Service Co.’s Cook Inlet division expanding its operations in CIRI’s home region. With improved infrastructure and equipment, Peak, a subsidiary of CIRI and Nabors, has positioned itself to capitalize on increasing oil and gas exploration in the Cook Inlet region through 2010. “There are two main reasons for our success,” said Ben Cleveland, Peak’s vice president who oversees the Cook Inlet division. “Our safety record is really good, and our equipment fleet is reliable and fairly new, thanks to the investments of our owners.” The Cook Inlet division provides construction and maintenance services to the Kenai petrochemical industry. The division’s Cook Inlet oilfield support includes operations, construction, drilling and maintenance assistance to Chevron, ConocoPhillips, Tesoro, Marathon and Kenai Pipeline Co. at 11 offshore platforms and five onshore facilities. Recent projects completed by the Cook Inlet division include replacing an old Anchorage power plant for Municipal Light & Power. Peak was awarded the $25 million contract in January 2006, and completed the work in 2007. Peak is also providing logistics and drilling support for ConocoPhillips’ drilling at the Beluga Gas Field.



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