Make it monday unveils Point Thompson developments

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by Derek Smith

Anchorage, AK--   Make it Monday's Luncheon was unusually packed as ExxonMobil gave Anchorage officials a taste of what's to come with one of their newest, yet controversial projects.

"It's so remote, you can't see what's going on so we want to show what's going on, the jobs being created, and what developments are happening in terms of productivity," ExxonMobil Production Manager Karen Hagedorn said.

The pipeline, which will run alongside the north slope coast, will transport ten-thousand barrels of condensate gas per day through the Badami Pipeline, and ultimitely connecting to the Transalaska pipeline.

     "It's all about production. That's what we do, that's why we are in business, so we are going to be producing 10,000 barrels of day. That's the first part of the plan," Hagedorn says.

     According to ExxonMobil, Point Thompson production will go full force in 2016, a project that's been in heated debate for the last forty-years.
    Transporting ten-thousand barrels a day is only a minimal rate, as the planned pipeline will hold Seventy-thousand barrels a day. A rate which gives ExxonMobil room to grow.

     "We are also learning about Point Thompson and how it works. Understanding how it works is really going to help us in terms of production," Hagedorn says.

    Point Thompson is what some consider a giant gas field. With eight trillon cubic feet of natural gas to condensate, a recent debate on the underdeveloped land has more or less convinced ExxonMobil officials to utilize the highly concentrated gas field.

    "It's important to us about how many jobs we are creating.  Eighty-five percent of Alaskans are working on this project. It's important to keep the jobs in Alaska," Hagedorn says.

     Despite recent battles between the state of Alaska and ExxonMobil stemming from several empty development plans, officials today were relieved to hear the project is finally making sigificant improvements.
 

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Raul said on Monday, Jun 30 at 10:06 PM

85% of Alaskans are working on this project? Reeeeeaaaally???

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