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Hilcorp begins production from field south of Ninilchik

Anchorage Daily News -- By KRISTEN NELSON — Petroleum News

Hilcorp Alaska began natural gas production from Red Pad on the Kenai Peninsula last week.

Production is at 5 million cubic feet per day, Hilcorp Alaska spokeswoman Lori Nelson told Petroleum News in an email. She said Hilcorp is "continuing to monitor the system" and hopes to reach its original production estimate of 6.5 million cubic feet per day.

The field was discovered by Unocal in 2004, and the Red 1 well tested 3.2 million to 5.8 million cubic feet per day in a 26-hour test. A second well, Red 2, was also drilled and tested in 2004, but there were no measurable hydrocarbons. Production is from an existing gravel pad built by Unocal.


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Submitted Dec 23, 2012 By: Nitewolf
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Hilcorp begins production from field south of Ninilchik Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
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Message Posted: Dec 26, 2012 12:16:02 AM

time will tell...
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skb69sa
Champion Author San Antonio

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Message Posted: Dec 24, 2012 1:11:39 AM

Good. Keep it moving.
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drobbbb
Champion Author Maryland

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Message Posted: Dec 23, 2012 10:33:52 PM

good
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jorobins538
Champion Author Chicago

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Message Posted: Dec 23, 2012 8:39:19 PM

well, good for them.
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mike56MI
Champion Author Michigan

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Message Posted: Dec 23, 2012 5:04:49 PM

OK
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tankumo
All-Star Author Vancouver

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Message Posted: Dec 23, 2012 2:44:47 PM

We really need to see more compressed natural gas cars.
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OTISFL
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Message Posted: Dec 23, 2012 11:42:54 AM

Keep moving!
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Ticoman54
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Message Posted: Dec 23, 2012 11:06:20 AM

Keep developing!
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doeslayersr
Champion Author Illinois

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Message Posted: Dec 23, 2012 10:42:12 AM

Good.
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grandpadon28110
Champion Author Charlotte

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Message Posted: Dec 23, 2012 10:31:06 AM

KEEP LOOKING.
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sljbc475
Champion Author Tucson

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Message Posted: Dec 23, 2012 9:59:44 AM

Alaska production helps more in the West than the East.
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OHMS
Champion Author Orange County

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Message Posted: Dec 23, 2012 9:44:28 AM

more we need to know about this
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mikaye
Champion Author Cleveland

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Message Posted: Dec 23, 2012 9:29:00 AM

doesn't mean they will sell it here
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skempton
Champion Author Vermont

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Message Posted: Dec 23, 2012 9:19:03 AM

How to they get it to market?
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must87searcher
Champion Author Maryland

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Message Posted: Dec 23, 2012 9:08:25 AM

This idea can be useful.
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ddor
Champion Author Michigan

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Message Posted: Dec 23, 2012 8:46:44 AM

Good for them
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bobzilla11
Champion Author Indiana

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Message Posted: Dec 23, 2012 8:33:42 AM

heat your homes,run your vehicles,make electricity, sell only enough to recover investments and upkeep
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mazdaboy
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Message Posted: Dec 23, 2012 8:11:14 AM

Had to use Google Map to figure out where this is.
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pscamp
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Message Posted: Dec 23, 2012 8:02:23 AM

Whatever
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sabre75
Champion Author Florida

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Message Posted: Dec 23, 2012 7:55:03 AM

Go for it.. Has to reduce prices some day.
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Foxt
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Message Posted: Dec 23, 2012 7:50:12 AM

Tax all exports to lower the national debt.
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tbgasmizer
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Message Posted: Dec 23, 2012 7:46:41 AM

Thier is a large supply use it,
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paulweb
Champion Author Ohio

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Message Posted: Dec 23, 2012 7:44:09 AM

Profits will soon evaporate as govt taxes them to death.
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StephenOM
Champion Author Ocala

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Message Posted: Dec 23, 2012 7:40:40 AM

As in all things capitalism, there is bust until there is boom, then back to bust. Long range planning and measured business are often replaced by the desire to "strike while the iron is hot."

But it's not limited to business. It was individuals who lusted after acquiring a "bigger, better" house, refinancing their existing home to 130% of it's value to finance that Mercedes, boat, jet ski or vacation home. In the process driving up housing prices to an unbearable and unsustainable level until it had to break.

Now, the lust for profit, certainly, but for the individual the lust for cheaper energy, drives what will be an unsustainable search for more and more energy. Driving down prices to unsustainable levels.

After all,it's those prices that "fuel" the engine of worker demands for higher wages and benefits. Eventually, the cheaper costs are unable to sustain the higher wages and the collapse begins.

On that happy note...Merry Christmas.
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rsm315
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Message Posted: Dec 23, 2012 7:36:42 AM

ok great
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FocusST2
Champion Author North Carolina

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Message Posted: Dec 23, 2012 7:36:01 AM

I've never quite understood why more homes aren't heated with NG especially since there is so much here in the US.
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afghaned
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Message Posted: Dec 23, 2012 7:35:52 AM

To market!?,!
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dbecks44
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Message Posted: Dec 23, 2012 7:35:20 AM

Good news!
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gougenator
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Message Posted: Dec 23, 2012 7:34:28 AM

drillbabydrill!
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minnesotagirl
Champion Author Milwaukee

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Message Posted: Dec 23, 2012 7:34:16 AM

Very nice
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bluegrasser1
Champion Author Richmond

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Message Posted: Dec 23, 2012 7:34:04 AM

ok
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lpatti1
Champion Author Philadelphia

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Message Posted: Dec 23, 2012 7:33:53 AM

Great news just keep the Govt out of it!
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bondo
Champion Author Twin Cities

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Message Posted: Dec 23, 2012 7:32:16 AM

I like hearing about additional production.
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JCClark2012
Champion Author New Hampshire

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Message Posted: Dec 23, 2012 7:31:36 AM

Ok
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bell05
Champion Author Atlanta

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Message Posted: Dec 23, 2012 7:31:16 AM

We ought to leave some of this NG alone till we need it
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oas
Champion Author Maryland

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Message Posted: Dec 23, 2012 7:30:45 AM

Keep it safe.
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N5EXY
Champion Author Austin

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Message Posted: Dec 23, 2012 7:30:45 AM

I never heard of these places - yet. But we will.
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Hypersonic
Champion Author Maryland

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Message Posted: Dec 23, 2012 7:29:43 AM

Now Alaska's ground water will be contaminated and the permafrost lost.
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rbutterw
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Message Posted: Dec 23, 2012 7:29:33 AM

Finally
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naw62
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Message Posted: Dec 23, 2012 7:28:34 AM

Don't think so
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speedraider
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Message Posted: Dec 23, 2012 7:26:46 AM

good
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SavingInNC
Champion Author North Carolina

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Message Posted: Dec 23, 2012 7:25:37 AM

Good
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crmedic
Champion Author Arkansas

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Message Posted: Dec 23, 2012 7:25:27 AM

With this oil glut seems like prices at the pump should be dropping? Instead they are rising around here.
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fullauto
Champion Author Reading

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Message Posted: Dec 23, 2012 7:24:53 AM

easier to produce in lower 48
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BigBearHug
Champion Author Amarillo

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Message Posted: Dec 23, 2012 7:21:31 AM

great
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installer
Champion Author San Diego

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Message Posted: Dec 23, 2012 7:20:20 AM

A lot of product came on line simultaneously and first to market collects the bucks. Usually by contract and at prices adjusted/determined by the market.
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bikerWI
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Message Posted: Dec 23, 2012 7:19:59 AM

Good news.
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danny999
Champion Author Florida

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Message Posted: Dec 23, 2012 7:19:58 AM

Good for Alaska.
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FBI2991
Champion Author Michigan

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Message Posted: Dec 23, 2012 7:18:56 AM

ok, but let's keep it in the US, Not exported.
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RichWLIN
Champion Author Indiana

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Message Posted: Dec 23, 2012 7:18:55 AM

Lots of untapped resources are circumvented to make the way for "green" opportunists.
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