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December 6, 2021updated 27 Apr 2022 11:45am

Prudhoe Bay Unit (Prudhoe Bay) Conventional Oil Field, US

By Carmen

Prudhoe Bay Unit (Prudhoe Bay) is a producing conventional oil field located onshore the US and is operated by Hilcorp North Slope. The field is located in block ADL 28297.

Field participation details

The field is owned by Hilcorp Energy, Chevron, ConocoPhillips and Exxon Mobil.


Production from Prudhoe Bay Unit (Prudhoe Bay)

The Prudhoe Bay Unit (Prudhoe Bay) conventional oil field recovered 97.65% of its total recoverable reserves, with peak production in 1987. The peak production was approximately 1,631.07 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 324.02 Mmboe, comprised of 248.33 Mmbbl of crude oil & condensate and 75.69 Mmbbl of natural gas liquid reserves. Prudhoe Bay Unit (Prudhoe Bay) conventional oil field reserves accounts 0.07% 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.

Methodology

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.

Related Companies

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