Joint UAF-Hilcorp study of heavy oil recovery shows promise on Alaska s North Slope adn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adn.com Daily Mail and Mail on Sunday newspapers.
Wed, 03/17/2021 - 9:07am
Hilcorp Alaska purchased the Milne Point field from BP in 2014 and has focused on increasing recovery of its “heavy” oils since then. The effort got a boost from a four-year, $9.7 million Department of Energy-sponsored study that got underway in 2018. (Photo/Courtesy/Hilcorp Energy Co.)
The early results are promising in a years-long study of an advanced oil recovery method that could unlock billions more barrels on the North Slope.
“We have not failed; let me put it that way. We have succeeded so far,” said Abhijit Dandekar, chair of the University of Alaska Fairbanks Petroleum Engineering Department.
Providing coverage of Alaska and northern Canada s oil and gas industry
Hilcorp adds wells, workovers to Milne POD
Kristen Nelson
Petroleum News
The Alaska Division of Oil and Gas has approved an amendment to Hilcorp Alaskas 2021 Milne Point unit plan of development adding five wells, as many as 11 well workovers, coiled tubing drilling and facility projects.
The 2021 39th POD, approved in November for work from Jan. 13, 2021, through Jan...
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Hilcorp completes purchase of BP s Alaska assets with approval of acquisition of 49 percent of Trans Alaska Pipeline System | Local News Stories frontiersman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from frontiersman.com Daily Mail and Mail on Sunday newspapers.
Hilcorp Energy completed has its acquisition of BPâs midstream pipeline ownership interests Dec. 18 following approval by the Regulatory Commission of Alaska, the company said
Harvest Alaska, Hilcorpâs midstream subsidiary, now owns BPâs approximately 49 percent interest in the Trans-Alaska Pipeline System (TAPS) and 49 percent of Alyeska Service Company (Alyeska) along with other Alaska midstream interests. Alyeska will continue to operate the pipeline.
âThe completion of this acquisition is a critical milestone for Harvest,â said Jason Rebrook, Chief Executive Officer of Harvest Midstream, in a statement issued by the company. âTAPS is an icon of American ingenuity and has a proven track record of safe and responsible operations with strong relationships in the communities it touches.â