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 17 billion barrels of crude oil from Alaska’s North Slope.
BlueCrest Energy, Inc. is a privately held venture focused on the acquisition, exploration, and development of oil and gas resources within the United States. The Company’s primary focus is the development of the Cosmopolitan oil and gas assets within Alaska’s Cook Inlet basin. BlueCrest owns 100% of the Cosmopolitan project which is of one of the largest undeveloped fields in the Cook Inlet basin, located just offshore of Anchor Point. The deeper liquid oil reserves will be recovered through advanced-technology extended-reach oil wells drilled from an onshore surface location approximately three miles away from the offshore reservoirs. BlueCrest began development of the Cosmopolitan oil reservoirs in 2014, and oil production will commence in April of 2016. Development plans are now under review for recovering the newly-discovered gas reserves using low profile gas-only platforms. Development of the shallow gas reserves using low profile gas-only platforms. Development of the shallow gas reservoirs is currently on hold, pending economic resolution of future gas markets and development incentives.
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, and the company was instrumental in developing Alaska’s Cook Inlet during early statehood. Today, Chevron has joint venture interests on the North Slope.
ConocoPhillips Alaska, Inc. is Alaska’s largest oil producer and can trace its heritage back to the greatest oil discoveries in Alaska history. The company, and its heritage companies, has been a leader in oil and gas exploration and responsible development in the state for more than 50 years, creating economic opportunity in Alaska. The primary operated assets are the Kuparuk and Alpine fields on the North Slope. Additionally, ConocoPhillips has significant interest in the Prudhoe Bay field and the Trans-Alaska Pipeline System. By expanding the Alpine field across a channel of the Colville River, their drill site CD5 became the first commercial oil development on Alaska Native lands within the boundaries of the National Petroleum Reserve-Alaska (NPR-A). ConocoPhillips is one of the largest holders of federal and state leases in Alaska, with significant interests in the NPR-A, and other undeveloped acreage on the North Slope. In 2016, the company drilled two exploration wells that encountered significant pay in the Bear Tooth Unit in the NPR-A. This discovery, Willow, could produce in excess of 100,000 BOPD. The company has proposed a new stand-alone production facility to develop the resource in the Greater Willow Area. Assuming timely permit approvals, first oil is planned for the mid-2020s.
Eni an Italian company with a worldwide presence. We are one of the global oil and gas super-players – operating in 71 countries worldwide and employing around 33,000 people. Since 2005, Eni has had a varied and growing exploration and development portfolio in Alaska, including leasehold interests in both onshore and offshore Alaska and in the Beaufort sea area. Eni owns 100% working interest and is Operator of the Nikaitchuq Field, located on-offshore in the North Slope of Alaska. Additionally, Eni has a 30% working interest in the Oooguruk Field operated by Caelus.
ExxonMobil explores for oil and natural gas, operates facilities, and markets products around the world. Its history in Alaska spans more than 90 years. ExxonMobil is the operator of the Point Thomson Unit, located 60 miles east of Prudhoe Bay. Additionally, ExxonMobil has working interests in Prudhoe Bay, Kuparuk, and Endicott fields on Alaska’s North Slope. During 2015 ExxonMobil’s average daily production in Alaska was approximately 95,000 barrels of oil equivalent per day.
Purchased by HEX Cook Inlet LLC, Furie Operating LLC is a privately held Alaskan independent oil and gas exploration and production company focused on developing oil and gas resources in Alaska’s Cook Inlet. Alaskan owned, Furie is the designated Operator for the offshore Kitchen Lights Unit that encompassing over 83,000 acres. Furie drilled the first offshore well in the Kitchen Lights Unit in August 2010. Within four years an offshore platform and onshore production facility were installed in Nikiski. On November 15, 2015, Furie delivered first natural gas to the Cook Inlet market. Headquartered in Alaska, Furie is committed to supplying Alaskan consumers with certainty on natural gas supplies for the next several decades.
Glacier Oil & Gas Corporation works to find and develop oil and gas resources for the benefit of the communities we serve, the people we employ, and the State in which we live. Our focus is solely on Alaska – operating oil assets in the Redoubt and W. MacArthur River Unit in the Cook Inlet and at the Badami Unit on the North Slope. Additionally, Glacier owns gas assets at the North Fork Unit on the Kenai Peninsula as well as drilling, production and transportation infrastructure associated with these fields. Working with community stakeholders, contracting partners and the State of Alaska, Glacier strives to develop these resources in a safe, compliant, efficient and effective manner.
Hilcorp Alaska is one of the leading oil and gas companies in Alaska. Its parent company, Hilcorp Energy, was founded in 1989, is the largest privately-held independent oil and natural gas exploration and production company in the United States. Hilcorp Alaska has over 1,350 employees and operates in both the Cook Inlet and North Slope basins, including Prudhoe Bay. Nationwide, Hilcorp continues to grow by actively acquiring and developing conventional assets while expanding its footprint into a number of new resource plays.
Marathon Petroleum Corporation became Andeavor’s new name effective October 1, 2018. Tesoro opened the refinery located in Nikiski, Alaska in 1969. In addition, Andeavor 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.
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.
Repsol is a global energy company present throughout the energy value chain including exploration, production, refining, chemicals, trading, retail sales and new energy. The company employs more than 25,000 people and its products are sold in more than 90 countries, reaching 10 million customers. Repsol produces over 700,000 barrels of oil equivalent per day and has one of the most efficient refining systems in Europe. Repsol holds and interest in approximately 750,000 acres in Alaska, where the company has been actively exploring on the North Slope since 2011. Repsol holds a 49% working interest in the Pikka Unit and 49% in the Horseshoe discovery. Repsol also holds various interests in additional exploration acreage in the state.
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 has been a member of AOGA since the beginning.