Prudhoe Bay Unit (Polaris) is a producing conventional oil field located onshore the US and is operated by Hilcorp North Slope. The field is located in block ADL 28263, ADL 28256, ADL 28261, ADL 28282, ADL 28260, ADL 28264, ADL 28279, ADL 28257, ADL 28258, ADL 47448, ADL 47451, and ADL 47452.
Field participation details
The field is owned by Chevron, Hilcorp Energy, Exxon Mobil and ConocoPhillips.
Production from Prudhoe Bay Unit (Polaris)
The Prudhoe Bay Unit (Polaris) conventional oil field recovered 40.30% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 9.41 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055.
Remaining recoverable reserves
The field is expected to recover 44.99 Mmboe, comprised of 44.99 Mmbbl of crude oil & condensate. Prudhoe Bay Unit (Polaris) conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
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.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.