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March 1999

Vol. 4, No. 3 Week of March 28, 1999

February ANS production down 6 percent

February numbers from the Department of Revenue show Alaska North Slope production averaging 1,130,801 barrels a day (liquids and natural gas liquids), down 5.7 percent from an average of 1,198,787 barrels a day in January. Revenue’s Division of Oil and Gas Audit noted two events adversely affecting production in February: shut in of the Badami field early in the month and a 52-hour closure of the Valdez terminal due to high winds the second week of the month.

Production was down across the board: Prudhoe Bay averaged 567,616 barrels a day of crude oil, down 5.9 percent from January, and 55,608 barrels a day of NGLs, down 6 percent from January. Kuparuk averaged 259,429 barrels a day in February, down 4.2 percent from January. Milne Point averaged 52,020 barrels a day, down 4.6 percent from January. Endicott averaged 52,705 barrels a day in February, down 0.6 percent from January. The Lisburne production center averaged 143,423 barrels a day, down 9.5 percent from January, and Cook Inlet averaged 30,018 barrels a day, down 7.2 percent.






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