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Providing coverage of Alaska and northern Canada's oil and gas industry
May 2018

Vol. 23, No.18 Week of May 06, 2018

Marginal increase in March ANS production

North Slope averages 516,869 bpd, up 0.6% from February, largest increase at Prudhoe; Cook Inlet averages 15,748 bpd, down 4.1%

Kristen Nelson

Petroleum News

Alaska North Slope crude oil production averaged 516,869 barrels per day in March, up 0.6 percent (3,033 bpd) from a February average of 513,836 bpd, but down 5.4 percent (29,546 bpd) from a March 2017 average of 546,416 bpd.

Production data is from the Alaska Oil and Gas Conservation Commission, which provides volumes by well on a month-delay basis.

The largest month-over-month per-barrel increase was at BP Exploration (Alaska)-operated Prudhoe Bay which averaged 263,983 bpd in March, up 1.2 percent, 2,993 bpd, from a February average of 260,990 bpd but down 11.1 percent from a March 2017 average of 289,179 bpd. In addition to Prudhoe oil, Prudhoe Bay field volumes include Aurora, Borealis, Lisburne, Midnight Sun, Niakuk, Polaris, Point McIntyre, Put River, Raven and Schrader Bluff.

The ConocoPhillips Alaska-operated Colville River field had the largest month-over-month percent increase, averaging 66,447 bpd in March, up 3 percent, 1,959 bpd, from a February average of 64,488, and up 1.8 percent from a March 2017 average of 65,270 bpd. In addition to oil from the main Alpine pool, Colville production includes satellite production from Fiord, Nanuq and Qannik.

The Hilcorp Alaska-managed Milne Point field averaged 21,602 bpd in March, up 3.5 percent, 734 bpd, from a February average of 20,868, and down 2 percent from a March 2017 average of 22,028 bpd.

The ExxonMobil Production-operated Point Thomson field, producing from just one well, averaged 5,596 bpd in March, with production on 23 days, compared to a February average of 5,592 bpd with production on all 28 days of that month, a difference of 1.1 percent, but down 17 percent from March 2017 when the field produced 6,738 bpd.

Badami, operated by Savant Alaska, a Glacier Oil & Gas company, averaged 696 bpd in March, up 4.7 percent, 31 bpd, from a February average of 665 bpd, and down 28.8 percent from a March 2017 average of 977 bpd.

Month-over-month declines

The Caelus Alaska-operated Oooguruk field averaged 9,218 bpd in March, down 13.2 percent, 1,406 bpd, from a February average of 10,624 bpd, and down 32 percent from a March 2017 average of 13,540 bpd.

The Hilcorp-operated Endicott field averaged 6,601 bpd in March, down 2.8 percent, 190 bpd, from a February average of 6,791 bpd, and down 13.5 percent from a March 2017 average of 7,633 bpd.

Nikaitchuq, operated by Eni, averaged 13,844 bpd in March, down 1 percent, 146 bpd, from a February average of 13,990 and down 19.9 percent from a March 2017 average of 17,274 bpd.

The Hilcorp-operated Northstar field averaged 8,918 bpd in March, down 0.8 percent, 67 bpd, from a February average of 8,985, and up 13.7 percent from a March 2017 average of 7,842 bpd.

The ConocoPhillips-operated Kuparuk River field averaged 119,964 bpd in March, down 0.7 percent, 879 bpd, from a February average of 120,843, and up 3.5 percent from a March 2017 average of 115,924 bpd. In addition to the main Kuparuk pool, Kuparuk produces from satellites at Meltwater, Tabasco and Tarn, and from West Sak.

Cook Inlet

Cook Inlet production averaged 15,748 bpd in March, down 4.1 percent, 675 bpd, from a February average of 16,423, but up 9.1 percent from a March 2017 average of 14,432 bpd.

Hilcorp’s Beaver Creek field averaged 96 bpd in March, down 10.3 percent from a February average of 107 bpd, and down 95 percent from a March 2017 average of 183 bpd.

Hilcorp’s Granite Point field averaged 2,942 bpd in March, up 3.5 percent from a February average of 2,844 bpd, and up 18.5 percent from a March 2017 average of 2,482 bpd.

BlueCrest Energy’s Hansen field, the Cosmopolitan project, averaged 799 bpd in March, down 3.4 percent from a February average of 827 bpd, but up 447 percent from a March 2017 average of 146 bpd.

Hilcorp’s McArthur River field averaged 4,776 bpd in March, down 6.5 percent from a February average of 5,108, but up 19.3 percent from a March 2017 average of 4,002 bpd.

Middle Ground Shoal, also operated by Hilcorp, averaged 1,544 bpd in March, up 0.3 percent from a February average of 1,539, but down 11.7 percent from a March 2017 average of 1,748 bpd.

Redoubt Shoal, operated by Glacier Oil & Gas, averaged 1,314 bpd in March, down 10.4 percent from a February average of 1,467 bpd, but up 54.4 percent from a March 2017 average of 851 bpd.

Hilcorp’s Swanson River averaged 1,465 bpd in March, down 6.9 percent from a February average of 1,574 bpd, and down 24.8 percent from a March 2017 average of 1,949 bpd.

Trading Bay, also operated by Hilcorp, averaged 1,811 bpd in March, down 1.2 percent from a February average of 1,833, but up 7.4 percent from a March 2017 average of 1,687 bpd.

Glacier’s West McArthur River field averaged 1,001 bpd in March, down 10.9 percent from a February average of 1,124 bpd, and down 27.7 percent from a March 2017 average of 1,384 bpd.

ANS crude oil production peaked in 1988 at 2.1 million bpd; Cook Inlet crude oil production peaked in 1970 at more than 227,000 bpd.






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