Alyeska Pipeline Service Company was incorporated in 1970 to design, build, operate and maintain the pipeline, pump stations and the Valdez Marine Terminal. The pipeline itself runs 800 miles, from Prudhoe Bay to Valdez. Since the startup of the pipeline in 1977, the Trans Alaska Pipeline System (TAPS) has successfully transported more than 16 billion barrels of crude oil from Alaska’s North Slope.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom North Sea, Australia and Argentina. Globally,
BP operates across six continents, with products and services available in 100 countries. BP Exploration (Alaska) Inc. opened its first office in Alaska in 1959 and is an upstream business unit of the BP Group. BP Exploration (Alaska) Inc. operates 13 North Slope oil fields and four North Slope pipelines and owns significant interest in six other producing fields and TAPS. BP’s net production rate in Alaska is 204,000 barrels of oil equivalent per day.
Chevron Corporation is one of the world’s leading integrated energy companies, with subsidiaries that conduct business across the globe. In 1888, Chevron began selling retail products in the territory of Alaska. Chevron began exploration efforts in Alaska in the 1930’s and has had a major presence in the Cook Inlet since 1957, when it was instrumental in the discovery of the Swanson River oil field. Chevron operates ten units and two producing fields in the Cook Inlet, and has joint venture interests on the North Slope. Chevron’s net production in Alaska is approximately 34,000 barrels of oil equivalent per day.
Eni is an integrated energy company with global operations in more than 70 countries and employs more than 78,000 people. Since 2005, Eni has had a varied and growing exploration and development portfolio in Alaska. Eni owns interests in 172 leases in Alaska. 89 leases are located in the federal OCS and 83 are state leases. Eni owns 100% working interest and is operator of the Nikaitchuq Field located at Oliktok Point. Eni also owns 30% of the Oooguruk Field, operated by Pioneer Natural Resources. Total US production for Eni is in excess of 120,000 barrels of oil equivalent per day.
ExxonMobil operates facilities or markets products in most of the world’s countries and explores for oil and natural gas on six continents. Its history in Alaska spans more than 50 years. ExxonMobil is the operator of Point Thomson, located 60 miles east of Prudhoe Bay. In addition, ExxonMobil has working interests in the Prudhoe Bay, Kuparuk, Endicott and Granite Point fields. During 2009, ExxonMobil’s average daily production in Alaska was approximately 123,000 barrels of oil equivalent per day.
Flint Hills Resources acquired the refinery and supply racks in North Pole, Alaska, a products terminal at the Fairbanks International Airport, and a products terminal and supply racks at the Port of Anchorage in 2004. Flint Hills Resources also has refineries in Minnesota and Texas along with other petrochemical production facilities in the Midwest, Texas and Louisiana. The refinery in Alaska employs 175 people and refines jet fuel, gasoline, high sulfur diesel, turbine fuels and asphalt.
Hilcorp was founded in 1989, is one of the largest privately-held independent oil and natural gas exploration and production companies in the United States. Headquartered in Houston, TX, Hilcorp has over 1,000 employees and 11 operating areas including the Gulf Coast region, the Gulf of Mexico, the Rockies and Alaska's Cook Inlet. Operating across the United States, Hilcorp continues to grow by actively acquiring and developing conventional assets while expanding its footprint into a number of new resource plays.
Petro Star Inc. was incorporated in 1984 and is the only Alaskan-owned refining and fuel marketing company. It maintains fuel sales groups in seven Alaska communities (Fairbanks, Anchorage, Valdez, North Pole, Kodiak, St. Paul and Unalaska) and refineries in both North Pole and Valdez. Petro Star’s two refineries draw crude supply from TAPS to produce off-road and marine diesel, commercial and military jet fuel, and home heating oil.
Pioneer Natural Resources Company is a large independent exploration and production company with operations in the United States, Tunisia and South Africa. Pioneer entered Alaska in 2002 and achieved first oil production from it’s Oooguruk field in 2008 – becoming the first independent company to operate a producing field on the North Slope. Production from Oooguruk is expected to peak during 2011 at 15,000 to 20,000 gross barrels of oil per day. In addition, the company continues to conduct appraisal activities at the Cosmopolitan Unit in the Cook Inlet.
Repsol, one of the world’s largest oil companies, operates in more than 30 countries with a worldwide workforce of more than 36,000 employees. Alaska is an especially promising area for Repsol, and the company is actively exploring on the North Slope. The company holds 156 onshore blocks to the west of the Kuparak River and Prudhoe Bay fields. Repsol also holds 93 offshore leases (100% working interest) in the Chukchi Sea and 71 leases (20% working interest)in the Beaufort Sea.
Shell Exploration & Production Company explores and produces oil and gas in a number of countries including Australia, Scotland, Russia, Nigeria, Brunei, Norway, Canada, the U.S. and Brazil. Shell first came to Alaska in 1960 and currently holds 137 leases in the Beaufort Sea and 275 leases in the Chukchi Sea. Shell believes the offshore could prove to be the next major chapter in Alaska’s oil and gas history. If exploration plans are approved and permits secured, Shell will drill up to three wells total in the Beaufort and Chukchi combined in 2010. In addition Shell will conduct ongoing baseline science research and stakeholder workshops.
Statoil is an international energy company with operations in 40 countries. Statoil is the largest offshore operator in the world, with more than 35 years of oil and gas production on the Norwegian continental shelf. Statoil entered the U.S market in 2002 and expanded into Alaska by acquiring 16 leases (14 of which are joint bids with Eni Petroleum) in the Chukchi Sea in 2008. Statoil is planning a 3D marine seismic program for their leases in the summer of 2010. Statoil is also a 25% owner in the Devils Paw Chukchi Sea prospect.
Tesoro Alaska opened the refinery located in Nikiski, Alaska in 1969. In addition, Tesoro operates six other refineries in North Dakota, Utah, Washington, California, and Hawaii. The company owns and operates over 380 retail stores near those refineries, including 31 in Alaska. Tesoro also brands over 51 independent dealers in Alaska. The Alaska refinery manufactures jet fuel, diesel, gasoline, propane, asphalt and heavy oils.
XTO Energy, Inc. is the largest producer of natural gas in the domestic U.S., producing natural gas and oil in 18 states. Total oil production for XTO is a64,000 barrels of oil per day, with total gas production of 2.4 billion cubic feet (Bcf) of gas per day. In 1998, XTO purchased two platforms in the Cook Inlet from Shell Exploration & Production, which they continue to operate as well as an onshore production facility located in Nikiski, Alaska. XTO produces about 2,700 barrels of oil per day in Alaska.