Petroleum

Petroleum

Slope production dips this winter
North Slope oil production is running sub-stantially lower this winter compared with
last year, according to state Department of Revenue production data. The problem ap- pears to be in the Nikaitchuq field operated by Eni. Total slope production averaged 517,227 barrels per day in February, down 31,204 barrels per day from the February 2018 average of 548,431 barrels per day. In January, slope production averaged 525,075 barrels
per day, down 17,335 barrels per day from January 2018. The first four days of March were worse, with total slope output at 504,990 barrels per day compared with 542,141 barrels per day for the March 1-4 period of 2018, a drop of 37,151. All the North Slope fields were holding steady during those periods except for the Kuparuk River field, which was down by those amounts. ConocoPhillips, the Kuparuk major owner, said its output was steady and even up a bit. That left only Eni’s Nikaitchuq. State officials said Eni had its production facilities down during the period, but did not have details.

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