Hilcorp Alaska LLC has officially submitted its development and production plan (DPP) for the Liberty prospect to the US Bureau of Ocean Energy Management (BOEM).
The proposed facility would be built on a manmade gravel island in federal waters about 5 miles offshore Alaska in the Beaufort Sea to develop hydrocarbon resources on the US Outer Continental Shelf.
The site has been evaluated and explored by industry for more than 30 years. BP PLC in 1997 drilled the Liberty discovery well, and in 2014 sold to Hilcorp its 50% interest in Liberty and Milne Point fields and 100% interest in Northstar and Endicott fields (OGJ Online, Apr. 22, 2014). The deal included BP’s interests in oil and gas pipelines associated with these fields.
BOEM will now move forward in its review process, initiating a 60-day period for the public to review and comment on the DPP, which describes development and production activities proposed by an operator for a lease or group of leases. Read more…
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