The area was originally identified as a potential oil field and selected in the early 1960s as part of the 100 million acres the federal government allotted to the new state of Alaska under the Alaska Statehood Act as a form of economic support. The state is seeking damages for lost royalty and tax revenues. Ability to operate a water truck, tractor trailer "maxi" haul, and or articulated dump/water trucks, and … [35], The field is an anticline structure located on the Barrow Arch, with faulting on the north side of the arch and a Lower Cretaceous unconformity on the east. [57][58] This led to an 8% reduction in the amount of oil produced by the United States, as Prudhoe Bay was the country's largest oil producer, producing over 400,000 barrels per day (64,000 m3/d). You may need to download version 2.0 now from the Chrome Web Store. The amount of recoverable oil in the field is more than double that of the second largest field in the U.S., the East Texas oil field, according to enacademic.com. Another way to prevent getting this page in the future is to use Privacy Pass. Performance & security by Cloudflare, Please complete the security check to access. Staff, Alaska Oil and Gas Conservation Commission. [1] The field was initially operated as two separate developments, the BP Western Operating Area and the ARCO Eastern Operating Area. But then, ARCO and Humble Oil teamed up and moved the only drill rig left on the North Slope to Prudhoe Bay. Watch for openings at the following oil fields: Prudhoe Bay, North Slope, Alpine, Kuparuk, Badami, Endicott, North Star, PS1-12 (PS stands for Pump Station), Milne Point. The main Prudhoe Bay field has a number of adjacent 'satellite' oilfields, some of which are Kuparuk ("Kuh-PARR-uck"), Endicott, Point MacIntyre, Milne Point, and Niakuk ("NY-uh-kuck".) This is what raw holiday footage looks like before sitting there for hours messing with Premiere :-) Adams, who funded an investigation led by the geologist H.A. There are over 17 cities in Prudhoe Bay with companies in the Oil Field Services category. BP initially estimated up to 2 to 3 months before the pipelines would be fully operational. We've listed the top 10 (based on number of companies) above. [63], In March 2009 the State of Alaska sued BP in matter number 3AN-09-06181-CI alleging that BP was negligent in its management of rigging operations and corrosion control in the transit lines leading from the field into pumping station one of the Trans Alaska Pipeline. Structurally, the field occurs between 2500 and 2800 m subsea (8200 and 9200 ft), and original oil- and gas-column thicknesses were 142 m (465 ft) and 122 m (400 ft), respectively. [26] Production did not begin until June 20, 1977 when the Alaska Pipeline was completed. [4] Oil pools within the Prudhoe Bay Unit include the following - maps showing the location of each pool are in the associated reference. CCI Inc. PO Box 340097 Prudhoe Bay, AK, 99734. North Slope oil production peaked in 1989 at 2 million barrels per day (320×10^3 m3/d) (Greater Prudhoe Bay: 1.5 million barrels per day (240×10^3 m3/d), but had fallen to 943,000 barrels per day (149,900 m3/d) in 2005,[29] while Greater Prudhoe averaged 411,000 barrels per day (65,300 m3/d) in December, 2006 and Prudhoe itself averaged 285,000 barrels per day (45,300 m3/d). The Prudhoe Bay oil field is currently operated by BP which has a 26.36% participating interest, while the other stakeholders are ExxonMobil (36.4%), ConocoPhillips (36.07%) and Chevron (1.16%). Prudhoe Bay oil field is a large oil field on Alaska's North Slope.It is the largest oil field in both the United States and in North America, covering 213,543 acres (86,418 ha) and originally containing approximately 25 billion barrels (4.0 × 10 9 m 3) of oil. Hilcorp to quietly take over BP’s stakes in Prudhoe Bay and other oil field assets. [44] Oil, condensate and gas are produced from the Triassic, Ivishak sandstone. CCI Inc. 100 Airport Way Prudhoe Bay, AK, 99734. By 1967, Jamison said most oil companies had given up. [1][31], The Milne Point oil field is 35 miles (56 km) west of Prudhoe Bay and the leased area, called the Milne Point Unit by the State of Alaska, includes the Kuparuk River Oil Pool,[32] Sag River Oil Pool,[33] and the Schrader Bluff Oil Pool. View Contact Info. [56] The damage required replacement of 16 of 22 miles (35 km) of pipeline at the Prudhoe Bay. [43], In 1968, Prudhoe Bay State No. Prudhoe Bay, AK 99734. Situated along Alaska’s North Slope, the discovery of the oil field in 1968 revitalized the Alaskan economy and helped the U.S. lessen its dependence on Middle Eastern oil, a major concern in the 1960’s and 1970’s. United States crude oil peaked at $76.67/barrel. [25]:slides 4a-d According to a 2007 recording of BP representative, to replace the "huge volume of material" BP removes from beneath the ground, sea water is injected that is collected from Prudhoe Bay, Alaska.[28]. Owner companies include: 36.39% ExxonMobil. Prudhoe Bay Oil Field is a large oil field on Alaska's North Slope. ExxonMobil in Alaska: Exxon selects Prudhoe discovery well site: Humble Oil assumed an unusually active role as Atlantic Richfield’s 50-50 partner on Alaska’s North Slope in the 1960s, Estimated Speculative Recoverable Resources of Oil and Natural Gas in Alaska, "NRHP nomination for Prudhoe Bay Oil Field Discovery Well Site", "BP Seawater Treatment Plant in Prudhoe Bay, Alaska", "US Republicans set to turn Alaska's Arctic National Wildlife Refuge into oilfield", "Alaska North Slope production breaks 800,000 bbl/d (130,000 m, BP Plans to Pull Another 2B Barrels of Oil from Alaska's Prudhoe Bay, AOGCC Pool Statistics, Milne Point Unit, Kuparuk River Oil Pool, AOGCC Pool Statistics, Milne Point Unit, Sag River Oil Pool, AOGCC Pool Statistics, Milne Point Unit, Schrader Bluff Oil Pool, "SHALE OIL: Geologist's Alaska gamble could turn into America's next big shale play", "Alaska North Slope Crude Oil Production (Thousand Barrels per Day)", "BP to quit Alaska after 60 years with $5.6 billion sale to Hilcorp", "Agencies respond to oil spill whistle blower", "Biggest Oil Field in U.S. Is Forced to Stop Pumping", "Gas prices climb as oil pipeline in Alaska must be replaced", "BP shutting top US oil field Prudhoe Bay due to spill", "BP restart of Prudhoe Bay oil field may take months", "Massive repairs: BP admits corrosion control was inadequate, prepares to replace North Slope transit lines", "Court Dismisses Alaska's Lost Taxes Claim Against BP", Oil and Gas Resources of the Arctic Alaska Petroleum Province, Milne Point goes mainstream. Pbh Airport Road Rd. Quadco Inc. Oil Field Service Oil Well Services Oil Field Equipment. Today, while production has fallen from historic peaks due to natural decline, Prudhoe Bay remains the third-largest oil field in the US by proved reserves, behind the Eagle Ford Shale and Spraberry fields in Texas, and a major source of domestic oil production, with current output at approximately 281,800 barrels of oil equivalent per day. In October 2007, BP was found guilty to a misdemeanor violation of the Clean Water Act to resolve criminal liability relating to pipeline leaks of crude oil. Fairbanks was economically revitalized by the oil fields and Pipeline; as the closest major city, it became a service center for Prudhoe Bay and a jumping-off point for those traveling to and from the oil fields. The Scaffold Laborer - Roustabout performs various tasks in support of scaffolding services in accordance with all safety, … (907) 659-9449. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. The case seems to have been dismissed in 2010. [64], Prudhoe Bay Oil Field Discovery Well Site. [24] Drilling sites for the discovery and confirmation wells were staked by geologist Marvin Mangus. 36.07% ConocoPhillips Alaska. Point Thomson is approximately 60 miles east of Prudhoe Bay. The project represents one of the largest construction projects ever undergone and means thousands of jobs in terms of construction, research, engineering and so forth are now available to workers. It is home to thousands of migratory birds, caribou, and other creatures. [1] It is on the North Slope and lies between the National Petroleum Reserve–Alaska to the west and the Arctic National Wildlife Refuge to the east. (Photo courtesy Exxon) A big piece of one of Alaska’s largest oil industry deals is set to quietly close by the end of the day Tuesday. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. [40] From 1943 until 1953, the Navy drilled eighty wells, including the area at Cape Simpson and Umiat but none flowed more than 250 barrels per day. The Prudhoe Bay field, located on the North Slope of Alaska, is the largest oil and gas field in North America. The state of Alaska, which gets most of its revenue from taxing the oil industry, lost as much as $6.4 million each day until production restarted. This pipeline, when built, may run from the large oil reserves in Prudhoe Bay Alaska, through Canada, into the lower 48 states where it can be easily accessed by truck lines for movement. Milne Point, about 25 miles northwest of Prudhoe Bay, was developed in the mid-1980s, with BP taking over as operator in 1994. It was the oil … [45] During the field's early life the oil-bearing sandstone in some locations was 600 feet (180 m) thick. From Business: Established in 1966, Quadco specializes in the sale, testing and repair of drilling equipment and pressure relief, pipeline and plant valves, as well as…. Commercial oil exploration started in Prudhoe Bayarea in the 1960s and, after a number of fruitless years, a rig produced a natural g… Van Valen, O. Hansen, B. Panigeo and Egowa after these last two, Eskimos, pointed out two large mounds fifty feet high and 200 feet in diameter. On March 2, 2006, a worker for BP Exploration (Alaska) discovered an oil spill in western Prudhoe Bay. [1], The site of the field's discovery was listed on the National Register of Historic Places in 2000, and has a commemorative marker. With a market capitalization of US$155 million in early 2020, and an average trading volume of 322,000 shares, BP Prudhoe Bay Royalty Trust is the largest conventional oil and gas trust in the United States. [57] This caused increases in world oil prices,[59] and BP revised the estimated operational date to January 2007. Upon acquisition of ARCO by BP and sale of ARCO Alaska assets to Phillips Petroleum in 2000, the two operating areas were consolidated and BP became the sole operator of the field. The March 2006 oil spill led the United States Department of Transportation to mandate that the transit lines be inspected for corrosion. McIntyre Oil Pool, AOGCC Pool Statistics, Prudhoe Bay Unit, PM Stump Island, AOGCC Pool Statistics, Prudhoe Bay Unit, PM Undefined, AOGCC Pool Statistics, Prudhoe Bay Unit, Ugnu Undefined WTRSP, Pool Statistics, Prudhoe Bay Unit, West Beach Oil Pool, Pool Statistics, Prudhoe Bay Unit, W Beach Tertiary Undef WTR Pooll, "Alaska's 40 Years Of Oil Riches Almost Never Was", "40 Years at Prudhoe Bay: Young geologist changed Alaska history". [21][22] Commercial oil exploration started in Prudhoe Bay area in the 1960s and, after a number of fruitless years, a rig produced a natural gas flare in December 1967. 0.02% Forest Oil It noted that legacy companies Exxon Mobil and ConocoPhillips remain as Prudhoe Bay partners. [61], No part of the Alaska Pipeline was affected, although Alyeska said that lower crude oil volumes could slow pumping during the BP shutdown. Location: Prudhoe Bay, Alaska. The two major oil producers in Prudhoe Bay are BP (British Petroleum) and Phillips (formerly ARCO). Tom Marshall, a key state employee tasked with selecting the 100 million acres, said the geology reminded him of big oil basins he'd seen in Wyoming. [30] Total production from 1977 through 2005 was 11 billion barrels (1.7×10^9 m3). The Prudhoe Bay field is one of four contiguous North Slope oil fields that are operated by BP Alaska and are known collectively as the Prudhoe Bay Unit. Today, the oil bearing zone's average thickness is about 60 feet (18 m) and the initial estimate of Oil in place was 2.3 billion barrels. The following is the tour I did around the Prudhoe Bay oil fields. The 10-02 coastal plain is but 2 miles from current production of the Point Thomson oil and gas field. Upon acquisition of ARCO by BP and sale of ARCO Alaska assets to Phillips Petroleum in 2000, the two operating areas were consolidated and BP became the sole operator of the field. [37] Gold prospectors Smith and Berry also discovered these seeps and formed an investment group in San Francisco led by R.D. 1 was the Mississippian Lisburne limestone, encountered at 8,800 feet and flowed 1,152 barrels of oil per day in the 9,505 to 9,825 foot interval along with 1.3 million cubic feet of gas. BP was among the companies that had been active in the region, and BP was able to establish itself as a major player in the western part of the Prudhoe field. Private Health Insurance is a Health Insurance company providing a variety of options with competitive rates.We work for different brands of Health In. The BP Prudhoe Bay Royalty Trust is a United States oil and natural gas royalty trust based in New York, New York. See all cities for Oil Field Services in Prudhoe Bay » However, Alaska lands in third place as the top oil producer in the nation, trailing behind Texas and North Dakota. Prudhoe Bay, AK 99734. On 27 August 2019 BP announces the agreement to sell all its Alaska operations and interests to Hilcorp for $5.6 billion. Web. As of August 2006, BP estimated that 2 billion barrels (320×10^6 m3) of recoverable oil remain and can be recovered with current technology. Oil leaking was reported in one area, with the equivalent of four to five barrels of oil spilled. Oil production in Prudhoe Bay reached its peak in the 1980’s, causing an oil glut that lowered the price of oil worldwide and allowing the U.S. to become less dependent on Middle Eastern oil. Oil companies have taken extra … Oil And Gas Companies Oil Drilling Companies Oil Field Service Oilfield Services. Up to 6,400 barrels (1,020 m3) were spilled, making it the largest oil spill on Alaska's north slope to date. 9076599838. [48] This initial oil was burned "because there wasn't ample storage", the flames of which were spotted by a passing airline. The USGS state the nation’s best opportunity for discovery of a Prudhoe Bay-sized new oilfield is in the coastal plain of the Arctic National Wildlife Refuge. 4 in 1923, after which the Navy engaged the United States Geological Survey to survey the area from 1923 until 1926, who concluded the best objectives were Cretaceous rocks. [42] In 1965, during the state lease sale, Richfield partnered with Humble Oil and acquired leases over what was later identified as the gas cap while British Petroleum was awarded leases over the "oil ring". If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. The Prudhoe Bay oil field is located on Alaska's North Slope and lies between the National Petroleum Reserve–Alaska to the west and the Arctic National Wildlife Refuge to the east. Prudhoe Bay field has seen continual development since the early 1980s. Performs all work with NEC National Electrical Code and works with high … A worker at BP Alaska’s Prudhoe Bay oil field has tested positive for the new coronavirus, and the company is taking steps to prevent further infections, a spokeswoman said Tuesday afternoon. The main Permo-Triassic reservoir is a thick deltaic high-quality sandstone deposit about 500 ft thick with porosities of 15 to … Prudhoe Bay field is 52 km long by 19 km wide (32 mi by 12 mi). BP said it was surprised to find such severe corrosion and that it had been 14 years since they had used a pipeline inspection gauge ("pig") to clean out its lines because the company believed the use of the pigging equipment might damage pipe integrity.