Milne Point Unit (Sag River) is a producing conventional oil field located onshore the US and is operated by Hilcorp Alaska. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block ADL 355017 and ADL 355018. Buy the profile here.
Field participation details
The field is owned by Hilcorp Energy.
Production from Milne Point Unit (Sag River)
The Milne Point Unit (Sag River) conventional oil field recovered 24.40% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 0.84 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2083.
Remaining recoverable reserves
The field is expected to recover 6.45 Mmboe, comprised of 6.45 Mmbbl of crude oil & condensate.
About Hilcorp Alaska
Hilcorp Alaska LLC, is an energy company that carries out the exploration, development, production, processing and transportation of oil and natural gas. The company is headquartered in Anchorage, Alaska, the US.
For more details on the Milne Point Unit (Sag River) Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
