A draft of the plan, submitted in June to the Alaska Department of Natural Resources Division of Oil and Gas, was entirely about gas. The unit owners determined that the gas injection plan they had been studying — selling oil from the condensate in the high-pressure reservoir and re-injecting the gas — is not currently economic, and planned to focus on gas.
The state objected, and the plan as submitted Aug. 31 says the owners will share with the state “results of evaluations and other work associated with potential hydrocarbon resources within the unit area…”
The owners and the state are also working on a memorandum of understanding covering confidentiality of data provided to the state, and under that agreement the owners would share data and interpretations to allow the state to better understand the development alternatives the companies see for Point Thomson, and to allow the owners and the state to work together on a plan for field development.