Prudhoe Bay Oil Field

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Prudhoe Bay Oil Field 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

Transcript of Prudhoe Bay Oil Field

Page 1: Prudhoe Bay Oil Field

Prudhoe Bay Oil Field

• 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 (4.0×109 m3) of oil

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LOCATION

• The field is located 400 miles (640 km) north of Fairbanks and 650 miles (1,050 km) north of Anchorage, 250 miles (400 km) north of the Arctic Circle, and 1,200 miles (1,900 km) from the North Pole.

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OWNERSHIP

• BP Exploration (Operator): 26%• ConocoPhillips Alaska Inc.: 36%• ExxonMobil: 36%• Others: 2%

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Greater Prudhoe Bay satellite fields

• East Operating Area (formerly ARCO)(production start date: 1977)

• West Operating Area (BP Exploration)(production start date: 1977)

• Midnight Sun (production start date: 1998)• Aurora (production start date: 2000)• Orion (production start date: 2002)• Polaris (production start date: 1999)• Borealis (production start date: 2001)

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Statistics for the Greater Prudhoe Bay Field

• Discovery well: Prudhoe Bay State #1• Discovery date: March 12, 1968• Production start: June 20, 1977• Total field area: 213,543 acres (864.18 km2)• Oil production wells: 1114

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Statistics for the Greater Prudhoe Bay Field

• Total capacity: 25 billion barrels (4.0×109 m3)Produced: 11 billion barrels (1.7×109 m3)

• Total recoverable: 13 billion barrels (2.1×109 m3)

• Remaining recoverable: 2 billion barrels (320,000,000 m3)

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Peak production

• 1.5 million barrels per day (240,000 m3/d) (1979)

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THANK YOU