Integrity • Urgency • Ownership • Alignment • Innovation Dave e Wilki lkins, ns, Senior ior Vice e Pres esid iden ent, t, Hilcor lcorp p Alaska ka
Al Alyesk ska Leadership dership Presenta esentation tion - - PowerPoint PPT Presentation
Al Alyesk ska Leadership dership Presenta esentation tion - - PowerPoint PPT Presentation
Dave e Wilki lkins, ns, Senior ior Vice e Pres esid iden ent, t, Hilcor lcorp p Alaska ka Al Alyesk ska Leadership dership Presenta esentation tion February ruary 14, 2018 Integrity Urgency Ownership
Hilcorp Alaska Workforce
Year End 2012 255 Employees 96% Alaska Residents Year End 2013 316 Employees 97% Alaska Residents Year End 2014 505 Employees 88% Alaska Residents Year End 2015 515 Employees 89% Alaska Residents Year End 2016 502 Employees 88% Alaska Residents Year End 2017 517 Employees 89% Alaska Residents
Hilcorp Alaska (HAK) Who are We?
- Map here
Cook Inlet Operations
Hilcorp Alaska (HAK) Who are We?
- Map here
North Slope Operations
Hilcorp Cook Inlet Basin
Gross Gas Production 2012-2018
205,490 MCFD
Hilcorp North Slope and Cook Inlet
Oil Production 2012-2018
53,070 BOPD
Hilcorp North Slope and Cook Inlet
Net BOED Production 2012-2018
55,928 net BOEPD
Moose Pad – Q4 2018 (+15,000 BOPD) Liberty – Q4 2022 (+70,000 BOPD)
Hilcorp Net Production
Milne Point: Moose Pad
- First new pad at Milne Point since
2002
- 50-70 wells
- First production ~ November 2018
- Peak production 16,000 BOPD in
2020
- Estimated 30-50 MMBO EUR
(Estimated Ultimate Recovery)
Milne Point: Polymer Flooding
Injector
Producer
- FIRST EVER polymer flood implemented on the Slope
- Estimated 50% Increased Recovery
- 30 MMBO- 50 MMBO opportunity
Liberty Project
70,000+ BOPD Peak Production $1 Billion+ Investment Modeled after proven technology 20-30 Years Field Life
OOOGURUK ISLAND NIKAITCHUQ ISLAND NORTHSTAR ISLAND ENDICOTT LIBERTY ISLAND
Operated by: Caelus Constructed in 2007 Island Surface: 6 acres Water Depth: 4.5 feet Subsea Pipeline: 5.7 miles Operated by: Hilcorp Constructed in 2000 Island Surface: 7 acres Water Depth: 40 feet Subsea Pipeline: 6 miles Operated by: Hilcorp Constructed in 1987 Island Surface: 45 acres Water Depth: ~4 feet Subsea Pipeline: none Operated by: ENI Petroleum Constructed in 2011 Island Surface: 11 acres Water Depth: 8 feet Subsea Pipeline: 3.8 miles Operated by: Hilcorp Construction: tbd - 2019 Island Surface: 9.3 acres Water Depth: 19 feet Subsea Pipeline: 5.6 miles