Pumping Up TAPS: Impediments to filling TAPSInsights, advice for legislators from small Alaska independent run by former ARCO exec
Following is a letter Jim Weeks, managing member of Alaska independent UltraStar Exploration, sent to Rep. Paul Seaton, co-chairman of the Alaska Legislature’s House Resources Committee for an early November meeting about impediments to filling the Trans Alaska Pipeline System, or TAPS. Weeks is a former long-time senior vice president of ARCO Alaska. His letter has been edited slightly, to meet Petroleum News formatting and space requirements. There is a single phrase to describe what determines and impedes the sustaining of volumes through the TAPS as the legacy fields on the North Slope continue to decline. And that is “cost structure.” The lower the state can make the cost of producing and shipping liquid hydrocarbons through TAPS, the....
[additional news subjects in this story]
1. Reduce state’s take 2. Roads to resources 3. Ice roads and pads
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