SLIDE 1
Hilcorp Alaska
- 500+ Full-Time Employees
- ~90% Alaska Resident Hire
- $5 Billion+ Investments in Alaska
- North Slope Production ~50,000 BOPD
- Cook Inlet Production ~32,000 BOEPD
Integrity Urgency Ownership Alignment - - PowerPoint PPT Presentation
Integrity Urgency Ownership Alignment - - PowerPoint PPT Presentation
Integrity Urgency Ownership Alignment Innovation Hilcorp Alaska 500+ Full-Time Employees ~90% Alaska Resident Hire $5 Billion+ Investments in Alaska North Slope Production ~50,000 BOPD
SLIDE 2
SLIDE 3
Continued Investment in Alaska
$ in Millions
$0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 2013 2014 2015 2016 2017 2018 2019
Non-Drilling Capital Drilling Capital Facility/Pipeline Expense Cook Inlet PipelineExtension
11 25 13 18 24 20 36
# OF WELLS DRILLED
2020 Plan: $300MM
SLIDE 4
On the Horizon – Prudhoe Bay
- Hilcorp signed an agreement with
BP to purchase Alaska assets for $5.6B
- BP is divesting all entities in
Alaska
- State & Federal approvals
required
- Transaction should close in 2020
- Hilcorp’s 4th major acquisition in
Alaska since 2012
SLIDE 5
On the Horizon - Interior
- 1.6MM Acres in the Yukon Flats
- Airborne gravity survey
“Grav Mag Survey”
- Lease/seismic option
TAPS
SLIDE 6
KENAI Team: 2020
- 5-7 Gas Wells
- Beaver Creek 4 Oil Workover
- Field study and development
- Perforation Adds
- New Compression
SLIDE 7
COOK INLET OFFSHORE Team: 2020
WELL WORKOVERS
- Middle Ground Shoal (A & C)
- Dolly Varden
INTEGRITY PROJECTS/INSPECTIONS JACK-UP RIG
- Plug & Abandon Old Relief Well
SLIDE 8
Innovation: University Partnerships
- Marine Methane Research
Fellowship
- Unmanned Aerial Systems
Integration Pilot Program
- North Slope Enhanced Recovery
Polymer Pilot Program
SLIDE 9
Giving Back: Giving Funds and more
SLIDE 10