ExxonMobil said recently that it has begun production at its Point Thomson project, located on a reservoir on Alaska’s North Slope, that eventually is expected to produce 10,000 barrels of petroleum condensate and 200 million standard cubic feet of recycled gas daily.
“The successful startup of Point Thomson demonstrates ExxonMobil’s project-management expertise and highlights its ability to execute complex projects safely and responsibly in challenging, remote environments such as the North Slope in Alaska,” Neil Duffin, president of ExxonMobil Development Company, said.
Initially, the project’s central pad facilities are expected to produce approximately 5,000 barrels per day of condensate, which is similar to kerosene or diesel, as well as 100 million standard cubic feet of recycled gas. When the west pad is fully operational in several months, the company expects that the facility will be able to double those figures.
The Point Thomas project is ExxonMobil’s first company-operated project on the North Slope and represents a $4 billion investment. Approximately 100 Alaskan companies were involved in the project, which created thousands of jobs during its construction.
“Our strong partnership with Alaskans and Alaska-owned companies played a critical role in helping to complete this major project,” Duffin said. “It further reinforces our commitment to pursuing the development of Alaska’s natural gas resources.”
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