Prudhoe Bay Unit (Niakuk) is a producing conventional oil field located in shallow water in the US and is operated by Hilcorp North Slope. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block ADL 34625, ADL 34635, ADL 34626, ADL 34634, ADL 34630, and ADL 34629. Buy the profile here.
Field participation details
The field is owned by Chevron, ConocoPhillips, Exxon Mobil and Hilcorp Energy.
Production from Prudhoe Bay Unit (Niakuk)
The Prudhoe Bay Unit (Niakuk) conventional oil field recovered 97.69% of its total recoverable reserves, with peak production in 1996. The peak production was approximately 29.96 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030.
Remaining recoverable reserves
The field is expected to recover 2.29 Mmboe, comprised of 2.24 Mmbbl of crude oil & condensate and 0.05 Mmbbl of natural gas liquid reserves.
About Hilcorp North Slope
Hilcorp North Slope LLC (Hilcorp North Slope) is engaged in oil and natural gas exploration and production related activities. The company is headquartered in Texas, the US.
For more details on the Prudhoe Bay Unit (Niakuk) 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.
