Alaska Resource Review is the official magazine of the RDC, published four times a year to inform Alaskans and others about the importance of Alaska’s resource industries as well as advocate for issues critical to the success of those industries. Resource Review reaches more than 20,000 readers important to these industries, in print, at RDC events and online via digital, social and email media.
VOLUME 2 | ISSUE 4 | FALL 2025
ALASKA RESOURCE REVIEW
CHARTING OUR COURSE AHEAD 46th Annual Alaska Resources Conference Highlights Commitment to Future
INSIDE THIS ISSUE n Paula Easley Reflects on RDC's Path n Unleashing Alaska Taking Shape n Tourism Industry Shows Resilience n Seafood, Timber Primed for Growth
Magazine of the Resource Development Council for Alaska | www.AKRDC.org
INDEX
VOLUME 2 | ISSUE 2 | SPRING 2025
VOLUME 2 | ISSUE 4 | FALL 2025
PAGE 10 OPTIMISM ABOUNDS FOR AMBLER MINING DISTRICT There’s new optimism that the long-planned Ambler Access Road will be cleared for construction after President Trump’s decision reversing the Biden Administration’s cancellation of federal authorizations for the project. PAGES 26-32 WE EXTEND OUR GRATITUDE FOR A GREAT CONFERENCE! Thank you to the best and brightest across the oil and gas, timber, mining, fishing and tourism industries who joined us for the 46th annual Alaska Resources Conference in Anchorage. From sponsors and exhibitors to panelists and attendees, you made this our biggest event yet! PAGE 36 LOOKING BACK AT THE PAST 50 YEARS: PAULA EASLEY Paula Easley, who served as executive director of the Organization for Management of Alaska's Resources (OMAR), later the Resource Development Council for Alaska from 1975-1987, shares her insights into what makes the RDC special.
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ALASKA RESOURCE REVIEW is published in partnership with the Resource Development Council for Alaska, Inc. by Fireweed Strategies LLC, 4849 Potter Crest Circle, Anchorage, AK 99516. For advertising information and story inquiries, email Lee.Leschper@FireweedStrategies.com. ALASKA RESOURCE REVIEW is mailed at no charge throughout Alaska. To subscribe, email Admin@FireweedStrategies.com. Publisher: Lee Leschper | Editor: Tim Bradner | Production, Design: Will Leschper | Contributing Photographer: Judy Patrick PLEASE NOTE: RDC HAS MOVED OFFICES! Please update your records with our new physical and mailing address: 301 W. Northern Lights Blvd., Ste. 406, Anchorage, AK 99503
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VOLUME 2 | ISSUE 4 | FALL 2025
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“Your commitment to RDC makes all of our efforts possible, and I look forward to the opportu- nities we will create together in the new year." — Connor Hajdukovich, Interim Executive Director, RDC
TRANSITION, GROWTH AND OPTIMISM FOR THE FUTURE
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D EAR MEMBERS AND SUPPORTERS: service as RDC’s Executive Director, and for the mentorship and guidance she provided to her staff throughout her tenure. We wish her the very best in her future endeavors. As we continue the search for RDC’s next permanent Executive Director, Jennifer Kuhlmann, our Membership and Events Manager, and I remain fully available for all your RDC needs, and we are excited for what the year ahead holds. This fall has been a busy one as we host- ed our 46th Annual Alaska Resources Con- ference and celebrated RDC’s 50th Anniver- sary. Thank you to the sponsors, exhibitors, speakers, and attendees who helped make this year’s conference such a success. Please check out our sponsor thank-you page and a full conference update in this edition of the Resource Review. Working closely with our Conference Committee lead, Scott Jepsen, we assembled a fantastic agenda featuring speakers from across Alaska and the nation. In my first year fully planning this event, I was truly impressed by the talented speak- ers who volunteered their time to provide updates, analysis, and forward-looking per- spectives on Alaska’s resource industries. I would like to begin by thank- ing Leila Kimbrell for her years of This year’s conference highlighted RDC's five statewide industries — oil and gas, min- ing, tourism, timber, and fisheries — with
both broad overview presentations and in- depth discussions on the issues shaping each sector. We also heard from many govern- ment officials, including Senators Lisa Mur- kowski and Dan Sullivan, Congressman Nick Begich, Governor Mike Dunleavy, North Slope Borough Mayor Josiah Patkotak, De- partment of the Interior Assistant Secretary for Land and Minerals Management Leslie Beyer, and EPA Region 10 Administrator Emma Pokon. Attendees also received signif- icant updates from major oil and gas projects currently in development by ConocoPhillips, Santos, Glenfarne and Hilcorp. My biggest takeaway from this year’s conference was the profound respect our membership has for the work of RDC’s past leaders, and the strong sense of optimism for Alaska’s resource industries over the next 50 years. This fall also brought several significant national policy decisions advancing lawful and predictable federal decision-making for Alaska. These included announcements on rescinding the 2001 Roadless Rule and the 2024 NPR-A Rule, authorizations for the King Cove Road, approval of permits for the Ambler Access Project, revisions to the 2023 definition of “waters of the United States” (WOTUS), and a Record of Deci- sion enabling leasing in the Coastal Plain of ANWR, among other announcements. A special thank-you goes to Alaska’s Con-
gressional delegation for their leadership in driving these initiatives forward. We also saw record-breaking attendance at RDC events this year, particularly at our breakfast forums. During our fall series, we had presentations on the Donlin Gold Proj- ect, why ANCSA matters, an update from Alaska’s Regulatory Agency Commissioners, an update on the Academies of Anchorage, a presentation on TAPS’ impact on Alas- ka’s economy, and even welcomed a virtual conversation from the Secretary of the In- terior with Governor Dunleavy. Stay tuned for announcements on our spring series speakers and consider purchasing a season pass so you don’t miss any of these valuable presentations and networking opportunities. As we prepare for the coming year, we recognize that there is important work ahead; advocating for responsible resource development, creating opportunities for our membership to connect and work with one another, and helping ensure Alaska builds a strong economic base for the next gener- ation. Your commitment to RDC makes all of this possible, and I look forward to the opportunities we will create together in the new year.
HAPPY HOLIDAYS! SINCERELY, CONNOR HAJDUKOVICH INTERIM EXECUTIVE DIRECTOR
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VOLUME 2 | ISSUE 4 | FALL 2025
"Together, let us build on the success of our recent conference and drive Alaska’s resource sectors to- ward a future defined by opportunity, resilience and shared prosperity." — Scott Habberstad, President, RDC
ALASKA’S ECONOMIC PILLARS: UNITING FOR OPPORTUNITY
I T IS WITH IMMENSE PRIDE AND OPTIMISM THAT I REFLECT ON THE RECENT RESOURCE DEVELOPMENT COUNCIL (RDC) ANNUAL CONFERENCE, A GATHERING THAT BROUGHT TOGETHER BUSINESS LEADERS, POLICYMAKERS, AND STAKEHOLDERS FROM ACROSS ALASKA’S DIVERSE RESOURCE SECTORS. The event’s resounding success under- scored our shared commitment to advanc- ing Alaska’s prosperity and highlighted the power of collaboration. As we look to the future, the momentum generated at the con- ference serves as a catalyst for renewed focus on the opportunities before us, particularly within Alaska’s five economic pillars: oil and gas, timber, mining, fishing and tourism. Together, we are charting a course that bal- ances growth, stewardship and unity for the benefit of all Alaskans today, and tomorrow. Oil has long been the backbone of Alas- ka’s economy, providing substantial revenue, jobs, and energy security. The sector contin- ues to innovate, with companies exploring innovative technologies and strategies to maximize efficiency and reduce environ- mental impact. Alaska’s vast North Slope’s gas reserves are moving closer to no longer being stranded. This administration's focus on responsible resource development and national energy independence has brought new life to the Alaska Gasline project. If successful, it will bring energy security for Railbelt and open the doors for new indus- tries in Alaska. Alaska’s forests are a renewable treasure supporting both local communities and international markets. New opportunities
managed our fisheries through changing en- vironmental and market conditions. As chal- lenges such as climate variability and global demand persist, innovation, cooperation and collaboration will be key to safeguarding this vital resource. Alaska’s awe-inspiring landscapes and rich cultural heritage continue to attract visitors from around the globe. Tourism is a dynamic pillar, fueling local economies and promoting stewardship of the Great Land. The conference highlighted initiatives to ex- pand sustainable travel experiences, diversi- fy offerings, and enhance infrastructure. By investing in authentic, responsible tourism, Alaska can foster economic resilience while protecting the environments and communi- ties that make Alaska special. The current administration has articu- lated a sharp vision for responsible resource development — one that prioritizes econom- ic opportunity, and equitable benefit shar- ing. Across all five pillars, policies are being shaped to encourage innovation, support local communities, and uphold the highest standards of safety. This approach recognizes that Alaska’s resources must be managed to benefit Alaskan’s today, and in perpetuity. What truly sets RDC apart is our un- wavering commitment to bringing together all sectors of resource development, oil and gas, timber, mining, fishing and tourism — under one roof. At our recent conference, the exchange of ideas and the pursuit of common ground were unmistakable. By fos- tering open communication, mutual respect, and a shared vision, RDC enables diverse
THANK YOU ONCE AGAIN FOR READING AND FOR YOUR SUPPORT. AS ALWAYS, WE WANT TO HEAR YOUR FEEDBACK AND IDEAS. PLEASE SEND THEM IN TO RESOURCES@AKRDC.ORG.
industries to collaborate on issues that matter most to Alaska. Whether advocating for balanced regulation, supporting workforce development, or driving innovation, RDC provides a forum where unity translates into tangible progress. Our members’ willingness to listen, learn and lead together is the foun- dation of Alaska’s ongoing success. As we move forward, the need for continued collaboration and responsible development is more important than ever. Emerging markets, technological advances, and evolving global dynamics present both challenges and opportunities across all five pillars. By leveraging our collective expertise and maintaining a spirit of partnership, Alas- ka can remain at the forefront of sustainable resource management. RDC will continue to serve as a catalyst — facilitating dialogue, shaping policy and championing innovation that benefits all Alaskans. Alaska’s future is bright, but it will require the commitment of every stakeholder to realize our full potential. I invite all RDC members, partners and industry leaders to embrace the principles of unity, responsible stewardship, and forward-thinking collabo- ration. Together, let us build on the success of our recent conference and drive Alaska’s resource sectors toward a future defined by opportunity, resilience and shared prosperity. The Resource Development Council stands ready to lead, unite, and advocate for a thriving Alaska — today and for generations to come.
are emerging in value-added wood products and biomass energy. Collaboration between industry and government is vital to ensuring long-term viability and healthy forests for generations to come. The administration’s position on the Roadless Rule has opened the door for opportunities in rural commu- nities who call the Chugach and Tongass National Forests home. From gold to critical minerals, Alas- ka’s mining sector is a cornerstone of our state’s economic diversity. The conference highlighted advances in environmentally responsible extraction, reclamation, and community engagement. With global markets seeking secure sources for minerals essential to technology and clean energy, Alaska is well-positioned to play a pivotal role. Continued investment in exploration, infrastructure, and workforce development will unlock new potential while maintaining high standards of safety and accountability. Alaska’s fisheries are renowned worldwide for their quality. The sector not only provides livelihoods for thousands of Alaskans but also sustains rural communities and supports export markets. Adaptive management, sci- ence-based policies, and collaborative efforts among fishers, regulators, and scientists have
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VOLUME 2 | ISSUE 4 | FALL 2025 UNLEASHING POTENTIAL OF ALASKA TAKING SHAPE
Department of Interior makes good on helping spur new development BY TIM BRADNER SECRETARY OF THE INTERIOR DOUG BURGUM HAS FOLLOWED UP ON PRESIDENT DONALD TRUMP’S COMMITMENT TO UNLEASH ALASKA’S ENER- GY RESOURCES. In late October, the Secretary announced actions aimed at boosting energy development and land and resource management in Alaska. Included were steps to reopen oil and gas leasing on the Coastal Plain of the Arctic National Wildlife Refuge and complet- ing right-of-way permits for the Ambler Road. In addition, the U.S. Bureau of Land Management has taken the first steps in resuming oil and gas leasing in the 23-million-acre National Petroleum Reserve Alaska, asking companies to identi- fy areas they are interested in in the large unleased areas of the NPR-A. The BLM will presumably follow up with a schedule for new leasing. Alaska holds some of the most promising untapped energy re- sources in the United States and will play a critical role in strength- ening national energy security, Burgum said. In another action, the Burgum ordered the Interior Department to move forward with a controversial land exchange that would allow construction of an access road connecting King Cove, on the Alaska Peninsula, with an airport at Cold Bay to allow medical evacuations. This is a significant action because conservation groups have fought the King Cove road for years because of the precedent it would set in building a road through federally designated wilderness. In the Coastal Plain of ANWR, the Interior Department has issued a new record of decision reopening all 1.56 million acres of the Coastal Plain to oil and gas leasing — reversing the previous administration’s 2024 plan that restricted development to a mini- mum amount of acreage. This will set the stage for new leasing in ANWR, offering more acreage and new terms. The Interior Department is also restoring leases to the Alaska Industrial Development and Export Authority (AIDEA), a state agency that secured leases in a 2021 ANWR lease sale which were then canceled by President Joe Biden’s Interior Secretary Deb Haa- land. That decision was overturned by an Alaska federal court in a lawsuit filed by AIDEA. AIDEA will now be able to begin explora- tion of its leases. In the NPR-A, the BLM’s ”call for nominations” are for tracts to be offered in a lease sale ordered for this winter in the One Big Beautiful Bill Act, the tax and spending reform act passed by Con- gress. This will be the first lease sale since 2019 in the NPR-A. Large areas in the northeast part of the reserve previously leased led to the discovery and development of the small GMT-1 and GMT-2
projects, both producing. The larger Willow discovery, also in this area, is now in con- struction and due to start production in 2029. North Slope Inupiat leaders, including those in Kaktovik vil- lage, voiced support for the ANWR and NPR-A actions. “Developing ANWR’s Coastal Plain is vital for our future," said Mayor Nathan Gordon Jr. of Kaktovik, a North Slope community within the refuge. "Taxation of development infrastructure in our region funds essential services across the North Slope, including water and sewer systems to clinics, roads and first responders." On the Ambler Road, the Bureau of Land Management and the National Park Service have reissued the necessary right-of-way permits for the establishment of the road. The U.S. Army Corps of Engineers permit has also been reissued. These actions reverse another decision by former Secretary Haaland in cancelling the permits after she recommended a “no action” alternative in an En- vironmental Impact Statement prepared earlier for the road. The road project is also led by the state’s Alaska Industrial Development and Export Authority. In an additional action, the department conveyed nearly 23,600 acres near the Ambler Mining District to the State of Alaska, com- pleting state land selections in the area and advancing state control over regional land use and resource development. Photo by Judy Patrick The ongoing Willow project in the NPR-A is due to start production in 2029.
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VOLUME 2 | ISSUE 4 | FALL 2025
OPTIMISM ABOUNDS FOR AMBLER MINING DISTRICT
of road construction, which is likely to be higher than the roughly half-billion cost es- timate done several years ago. Ambler Metals will also have to revise its cost estimates of a mine and for truck- ing ore to the state’s Dalton Highway, and to Fairbanks. Ore would then be shipped by rail to a Southcentral Alaska port and, finally, ocean transport to customers. Despite those hurdles, the important political and permitting problems that have blocked progress may be resolved. “We are quite optimistic on our initial review, as this action (by the President) stands to create new jobs for Alaskans and secure access to strategic minerals,” AIDEA said in a statement. The Alaska Miners Association (AMA), voiced similar support. “We want to thank President Trump for overturning the harmful 2024 decision on the Ambler Road Project and prioritizing access to Alaska’s critical minerals,” said Deantha Skibinski, AMA’s Executive Di- rector. “The Biden Administration’s nearly unprecedented ‘no action’ (decision) on the Ambler Road project and flat refusal to grant access (across federal lands) that was promised in the Alaska National In- terest Lands Conservation Act (ANILCA) was unconscionable. With stable policies in place, Alaska now stands ready to supply the nation with the minerals critical to our national security and our economy.” Here are key points from the President’s decision: “I approve the appeal (of Biden’s denial) made by the Alaska Industrial Development and Export Authority on June 6 under sec- tion 1106(a) of the Alaska National Interest Lands Conservation Act (ANILCA) and I approve AIDEA’s 2016 revised consolidat- ed application for a transportation system known as the Ambler Road Project,” the decision said. The route of AIDEA’s proposed road does not cross wilderness-designated lands. It mostly crosses state-owned and federal land managed by the U.S. Bureau of Land Management and for a short distance the Gates of the Arctic National Park and Pre- serve but it does not traverse designated Wilderness. AIDEA’s application for permits for the road are now more than 10 years old. The agency submitted its consolidated applica- tion for the road in late 2025 for a 250-foot- wide right-of-way. The application was
for an industrial-access road but included facilities like turnouts, airstrips, a fiber-op- tic line and several material sites as well as access roads to material sites and water sources. The state authority asked to use these areas during construction and for 50 years throughout operations. Once exploration and mine operations are completed, rec- lamation measures would return the road area to its natural state. The proposed road would begin near Milepost 161 of the Dalton Highway, ex- tend west across less than 20 miles of BLM- lands, then cross other lands — mostly state-owned, along with lands owned by Doyon and NANA, and a portion of Gates
of the Arctic National Park and Preserve. BLM took the lead in processing the application and prepared an Environmen- tal Impact Statement (EIS) that considered AIDEA’s proposal along with two alterna- tive routes and a “no-action alternative.” In July 2020, under the previous Trump presidency, the BLM and the U.S. Army Corps issued a Joint Record of Decision that approved AIDEA’s application. But in June 2024, under President Biden, the BLM issued a new Record of Decision, in which it decided to select the “No Action Alternative.” Based on this, the previously issued federal rights-of-way and U.S. Army Corps permits were terminated. President Trump’s new decision reverses that.
AIDEA to take lead on construction, funding of 211-mile access road BY TIM BRADNER THERE’S NEW OPTIMISM THAT THE LONG- PLANNED AMBLER ACCESS ROAD WILL BE CLEARED FOR CONSTRUCTION AFTER PRESI- DENT TRUMP’S DECISION REVERSING THE BIDEN ADMINISTRATION’S CANCELLATION OF FEDERAL AUTHORIZATIONS FOR THE PROJECT. Construction won’t begin until financ- ing can be arranged, however, and this will still take time. Also, two influential Alaska Native regional corporations, Doyon, Ltd. in Interior Alaska, and NANA Regional Corp. in Northwest Alaska, have cited is- sues with the road that must be resolved, though both corporations strongly favor economic development. Concerns by NANA, Doyon and villag- es in the region mostly involve protection of subsistence hunting and fishing, and ways of resolving those are now being dis- cussed as they were for construction of the Red Dog Mine and access road north of Kotzebue. Trump’s decision is good news for Alas- ka, state business leaders say. The Ambler Mining District, an area of state lands east of Kotzebue, contains copper, silver, gold, lead, cobalt and other strategic metals. It also is one of the largest undeveloped cop- per-zinc mineral belts in the world. Discoveries of high-grade copper and other minerals have been made in the Am- bler Mining District over several decades of exploration, most of them by Kennecott Minerals, a major mining company with a long history in Alaska. Development of the discoveries has been stymied by lack of ac- cess to the region. Various road alternatives and even a railroad have been thought of to allow access. The current plan for a road connection with the Dalton Highway is the most recent, but it has been steeped in con-
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troversy. The present plan is for the Alaska Indus- trial Development and Export Authority (AIDEA), the state’s development finance agency, to fund and construct the 211-mile industrial road. AIDEA would model the project on its development of the Red Dog Mine port road in the late 1980s. With Red Dog, AIDEA issued revenue bonds which were backed by shipping com- mitments by Cominco, Inc. (now Teck) the mining company at Red Dog. The same model would be used for the Ambler proj- ect, AIDEA said. However, mining experts say more copper must be found for mines to be built in the Ambler region and to al- low companies to sign binding contracts to ship ore. Without those, AIDEA cannot is- sue revenue bonds. The prospects for more ore look prom- ising, however. Ambler Metals, a joint-ven-
ture of Australian-owned South 32, a major mining company, and Canadian-owned Trilogy Metals, a small “junior” exploration firm, has done substantial exploration and found high-grade copper and other metals. The most work by Ambler Metals and previously Kennecott has been done at Arctic, a high-grade copper accumulation. Ambler Metals is also exploring Bornite, another copper discovery made earlier by Kenncott. Other copper deposits have been found elsewhere in the region by Ambler Metals and other companies. More work on all of these needs to be done. However, Ambler Metals halted a sub- stantial exploration program two years ago in the face of Biden’s opposition to the road. The company’s decision to resume ex- ploration next summer will be an import- ant signal. Other work needed to be done will include an updated forecast of the cost
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VOLUME 2 | ISSUE 4 | FALL 2025
HILCORP PURSUING NEW INLET GAS DEVELOPMENT
Innovative effort aimed at cushioning projected regional supply deficit BY TIM BRADNER HILCORP ALASKA, THE MAJOR PRODUCER IN COOK INLET, IS DEVELOPING AN INNOVATIVE SYSTEM TO DRILL NEW NATURAL GAS WELLS AT THE TYONEK PLATFORM IN THE NORTH COOK IN- LET FIELD. The platform is now at maximum ca- pacity in the number of wells it can op- erate but a plan by Hilcorp to install new well casing attached to the platform’s legs will allow more wells to operate, produc- ing new gas. The Tyonek platform now accounts for about a third of Cook Inlet gas pro- duction. Hilcorp is investing in new drill- ing and natural gas development to cush- ion the effects of declines of production expected in aging “legacy” producing fields like North Cook Inlet. There is also work underway to ex- pand drilling and development of smaller gas prospects, mainly onshore, in South- central Alaska which includes new work being done at the Beluga River field on the Inlet’s west side, where Hilcorp is the field operator and joint-owner with Chugach Electric Association, the re- gional electric utility. Modifications at the Tyonek platform are a major undertaking this year, how- ever. Hilcorp presented details of the company’s plans at the Alaska Oil & Gas Association (AOGA) conference held in late summer. The Tyonek platform was built in 1968 and operates in challenging conditions in Cook Inlet in about 100 feet of water with a 30 foot to 40 foot tidal range and tidal currents of 10 knots. The platform pro- duces 35 million to 40 million cubic feet of gas daily, or approximately 14 billion to
Photo Courtesy Hilcorp Alaska
is considering options like structurally expanding the platform to add more legs, building new platform or installing sub- sea well tie-backs, or wells drilled with sub-sea flow lines to the platform. Those are costly alternatives and pose environmental issues because of permit- ting challenges with any new work in the water, which is habitat of threatened
15 billion cubic feet yearly. The platform has 24 producing wells that were drilled and now operate through the platform’s large supporting legs. The North Cook Inlet field is one the Inlet’s legacy fields, and although it is more than 50 years old, there is more gas that could be developed. The prob- lem is that there is not enough space in the existing platform legs to drill more wells. Hilcorp has studied the issue and
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its larger existing “legacy” gas fields in Cook Inlet to add incremental reserves. Hilcorp said it drilled 21 new wells in 2024 following 18 new wells in 2023. The company plans a steady program of 15 to 20 wells per year going forward, the com- pany has told state legislators. Overall, Hilcorp has invested about $1 billion in Cook Inlet after purchasing the Inlet’s aging gas fields from Chevron Corp. and Marathon Oil Co. in 2012 and 2013. Since then, Hilcorp has drilled 174 wells and produced 700 billion cubic feet of gas. Despite the new activity, there are still concerns for an annual gas supply deficit slated to begin in 2027. Regional utilities are preparing to import liquefied natural gas (LNG) to cover the deficit and meet consumers’ needs for electricity and heating for buildings. Hilcorp affiliate Harvest Alaska is in- volved in that, too, with a plan to purchase the mothballed former ConocoPhillips LNG export plant at Nikiski and convert it to an LNG import terminal. Chugach Electric Association, the state’s largest electric utility, is working with Harvest with a plan to purchase imported LNG to meet Chugach’s gas supply needs for power generation. Having to import energy to an ener- gy-rich state rankles most Alaskans, but electric utilities like Chugach are required by government regulators to be able to meet regional consumers’ needs. The re- gional gas supply deficit is fairly modest in 2027 and 2028, according to studies by the Division of Oil and Gas. New incremental drilling by Hilcorp and other companies could meet the short-term need, but by 2029 and 2030, the supply deficit will be much larger, ac- cording to estimates. Whether new drilling will be enough to substantially reduce imported LNG is unknown, however. New Cook Inlet gas wells tend to decline rapidly in produc- tion after first being drilled with decline rates of 30% per year not uncommon. Many Alaskans hope that a North Slope natural gas pipeline project will move forward, bringing the large “strand- ed” gas reserves known on the North Slope. But the big project faces financing challenges and is another unknown.
pipe from the crushing force of winter ice that moves with tidal currents. To solve this, Hilcorp has built what it calls an “icebreaker,” a steel structure that is 50-feet tall and 10-feet wide built with 1-inch steel plate. It would be installed to protect the new conductor pipe from the ice forces. The structure was built in Anchorage last summer, moved to the Tyonek plat- form, and has now been installed. The next step is installation of the conduc- tor pipe. Drilling is planned to begin in
spring 2026, Hilcorp said at the AOGA conference. In other new projects, the state Divi- sion of Oil and Gas gave Hilcorp approval in September to build infrastructure and drill wells at the company’s Happy Valley gas field on the Kenai Peninsula. Work has commenced and is slated to end in April 2026, the company told the state division. What will be built is a new 300-foot- by-400-foot gravel pad, the “Happy Val- ley Middle Pad,” as well as a new 3-mile gravel access road and two gas wells drilled from the new pad. An additional well will be drilled to supply freshwater. There will also be re- lated facilities such as gas flowlines, elec- trical instrumentation, separators and other equipment to support production. On a nearby site, Hilcorp also received approval to install a pipeline to produce gas from its new Whiskey Gulch gas proj- ect near Anchor Point, also on the Kenai Peninsula. A 4,000-foot, 6-inch diameter pipe will connect the Whiskey Gulch pro- duction pad to a nearby Enstar Natural Gas Co. pipeline. A third new gas development by Hil- corp will be at the small Pretty Creek gas field on the Inlet’s west side. At Pretty Creek Hilcorp will build its new “Dia- mond” production pad that will support five new production wells, the company said in information supplied to the Di- vision of Oil and Gas. The location is about 9 miles northeast of the Beluga airport. All three of these involve drilling into known gas deposits, which are relative- ly small, but Hilcorp also plans to drill two new exploration wells to test newly acquired state leases near Kenai on the Inlet’s east side. Success could help bring the small nearby Sterling gas field back into production, the company said. Hilcorp also plans gas exploration in the small North Fork field area east of Anchor Point. Hilcorp purchased assets in the area from two small companies, Vi- sion Resources and Anchor Point Energy. The North Fork gas deposit has seen limited drilling and production and has produced gas through a pipeline built to connect with Enstar’s pipeline near An- chor Point. Hilcorp says North Fork has additional potential. Hilcorp is also continuing to drill in
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Overall, Hilcorp has invested about $1 billion in Cook Inlet after purchasing the Inlet’s aging gas fields from Chevron Corp. and Marathon Oil Co. in 2012 and 2013. Since then, Hilcorp has drilled 174 wells and produced 700 billion cubic feet of gas. Despite the new activity, there are still concerns for an annual gas supply deficit slated to begin in 2027. Regional utilities are preparing to import liquefied natural gas (LNG) to cover the deficit and meet consumers’ needs for electricity and heat- ing for buildings.
Beluga whales. The company’s creative solution is to install new conductor pipe, through which wells can be drilled and operated, on the sides of the platform legs. Each conductor pipe can accommo- date two wells, so installing one conduc- tor pipe allows for two new producing wells, or with two conductor pipes four new wells. An additional challenge, however, is to protect the new external conductor
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HILCORP TARGETS MAJOR PRUDHOE DEVELOPMENT
cous oil found in ConocoPhilllips’ Kuparuk River field, except that West Sak is even shallower and cooler and has presented its own technology challenges for Cono- coPhillips and, earlier, ARCO Alaska. Donovan said the polymer injection at Milne Point was developed with the help of scientists at the University of Alaska Fairbanks’ Institute of Northern Engineer- ing. The project now involves injection of 58,000 barrels per day of the polymer, which is done in a pattern alternating with water. Hilcorp is also now producing a lim- ited amount of oil from the Ugnu forma- tion that underlines large parts of Milne Point. Ugnu is true heavy oil that is dens- er and colder, because it is even shallower than the viscous oil in the Shrader Bluff deposit. The deposit is a very large oil resource with some estimates exceeding 20 billion barrels of oil in place or locked in the res- ervoir rock. Producing it, and getting the oil to flow, is the main challenge. Where producing companies typically see 40% or more recovery of oil from conventional North Slope fields, the estimates for heavy
oil accumulations like Ugnu are much low- er, at 10% or even less. UAF’s Institute of Northern Engineer- ing has been involved in this, too, with a new process to produce the heavy oil with a solvent injected alternating with water and a polymer. This has had promising results in laboratory studies at the university. Hilcorp is also actively working to boost two smaller North Slope fields the compa- ny acquired from the Italian state-owned company Eni S.p.A last year, Nikaitchchuq and Oooguruk. These are offshore fields in shallow Beaufort Sea waters just north of the Alaska coast. Nikaitchchuq produces viscous as well as conventional oil and Hil- corp hopes its polymer production technol- ogy successfully used at Milne Point may be equally successful there. “We have hopes that this can produce Milne Point type results,” Donovan said. Meanwhile, major maintenance is at the top of the list for any field operator, and this summer Hilcorp did a major “turnaround” project at Prudhoe Bay. The project in- volved taking Gathering Center-2, or GC- 2, on Prudhoe Bay’s west end, offline for about a month, which temporarily reduced
Prudhoe Bay production by 60,000 barrels per day. It has since been restored. The Prudhoe turnaround was a major project, that involved about 125,000 man- hours of labor and 500 people who per- formed 385 “work items,” Donovan said. The resulting work will improve gas quality going to the gas plants and upgrade gas de- hydration systems to allow more oil to be produced from production pads on Prud- hoe’s west side. “Hilcorp is proud to reach completion of its largest ever turnaround at Prudhoe Bay, which was supported by our team of employees and hundreds of contractors and operators working around the clock this summer. This five-week planned turn- around was completed safely and ahead of schedule, and underscores Hilcorp’s deep commitment to the field,” Hilcorp Corpo- rate Manager of Government and Public Affairs Matt Shuckerow said. Hilcorp owns 27.1% of Prudhoe Bay, the portion previously held by BP. ConocoPhil- lips and ExxonMobil are working interest owners in the field, with 36.5% owned by ConocoPhillips Alaska and 36.4% held by ExxonMobil Alaska.
Company continues its strong push to invest in mature producing fields BY TIM BRADNER HILCORP ALASKA HOPES TO REPLICATE ITS SUCCESS AT MILNE POINT FIELD IN THE LARGE- LY UNDEVELOPED WEST END OF THE PRUDHOE BAY FIELD. HILCORP IS THE OPERATOR AND PART OWNER OF PRUDHOE BAY WITH PARTNERS CON- OCOPHILLIPS AND EXXONMOBIL. Hilcorp is doing what it does best on the North Slope, investing aggressively and ap- plying new technologies in mature oil and gas fields to boost production, in this case 48-year-old Prudhoe Bay. So far, Milne Point, located adjacent to and north of the large Prudhoe Bay field, is the company’s greatest success on the Slope — but more is coming. Production at Milne Point, which is owned entirely by Hilcorp, has tripled since the field was purchased from BP in 2014 with Hilcorp becoming operator. Milne Point was then producing about 17,000 barrels per day but production has steadily increased after Hilcorp took full control of the field in 2020, Daniel Dono- van, Hilcorp’s Western North Slope Asset Team Leader, said at the Alaska Oil & Gas Association (AOGA) annual conference in Anchorage in September. During the past five years, $2.5 billion has been invested in drilling and con- struction of new facilities — including the Moose and Raven Pads — along with an injection of a polymer flood, the first on the North Slope, Donovan said. Earlier this year, Milne Point reached more than 50,000 barrels per day in production and Hilcorp says it’s optimistic it can reach 60,000 bar- rels per day in the next few years. At the large Prudhoe Bay field, Hilcorp has stabilized production after taking over as co-owner and operator from BP in 2020.
Photo by Judy Patrick
Hilcorp continues to invest heavily in new Alaska energy development.
ed to deliver peak production of 25,000 barrels per day — centers on construction of the new “Omega Pad” drill site and 51 development wells, with first oil expected in 2028, Donovan said. A second phase would add “I-Pad,” at a nearby site, poten- tially bringing on an additional 15,000 bar- rels per day in the early 2030s. A substantial part of the reservoir to be tapped in the Prudhoe west end project, is viscous oil similar to that in the Schrader Bluff viscous oil at Milne Point. Viscous oil is cooler than conventional crude oil main- ly because it is typically found at shallower depths than the large conventional oil res- ervoirs on the North Slope, which are deep- er and at warmer temperatures so that the oil flows more easily. Hilcorp now has experience with vis- cous oil because of its work in developing Milne Point. The Schrader Bluff oil Milne Point is also found at Prudhoe Bay’s west end. It is also similar to the West Sak vis-
Under BP’s operatorship, production at Prudhoe had been declining gradually, as aging oil fields do, but Hilcorp has mostly reversed the decline after making major in- vestments. Prudhoe Bay was the first large field developed on the North Slope in the 1970s and was the major crude oil supplier and economic anchor of the Trans Alaska Pipe- line System (TAPS), which went into oper- ation in 1977. The field is still the largest in North America. Hilcorp’s new plan for Prudoe is a ma- jor project in the west end of Prudhoe that could boost output from the field or at least continue to minimize production decline, Donovan said. This project, being called “Taiga” by Hilcorp, includes the develop- ment of two new pads to develop the vis- cous oil deposits, Donovan said. The project is a “greenfield develop- ment” on previously untapped tracts of Prudhoe subsurface. Phase one — project-
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VOLUME 2 | ISSUE 4 | FALL 2025
VOLUME 1 | ISSUE 2 | SUMMER 2024
EXPLORATION CONTINUES ACROSS NORTH SLOPE
Pantheon Resources, Hilcorp continue push for increased drilling BY TIM BRADNER UK-BASED PANTHEON RESOURCES PLC IS CONTINUING TESTING OF OIL AND GAS RESOURC- ES DISCOVERED IN THE CENTRAL NORTH SLOPE SOUTH OF THE PRUDHOE BAY FIELD. In early October, the company announced successful completion of the hydraulic frac- ture stimulation on its Dubhe-1 well. The Nabors 105AC rig was used on the Dubhe-1 lateral, which was successfully drilled to a total measured depth of 15,800 feet, logged and cased back to the surface. The lateral well now provides about 5,200 feet of the wellbore entirely within the SMD-B target reservoir. The stimulation consisted of 25 individual "plug and perfo- rate" stages of approximately 200 feet each. The program proceeded in line with ex- pectations, Pantheon said: “This represents an excellent result given Pantheon's limited prior experience treating this specific res- ervoir and using a full set of new contrac- tors, including some that had not previously worked in Alaska.” The company is now preparing plugs set in the wellbore to separate the fracture sim- ulation stages, which are being drilled out with coiled-tubing equipment. The well is being connected to a temporary well testing system for the flow-testing operations. "We are extremely pleased with the suc- cess of the operations so far,” said Erich Kru- manocker, Chief Development Officer at Pantheon. “The stimulation was performed as planned, increasing our confidence in achieving the objectives of the forthcoming flow testing." In another development, Hilcorp Alas- ka is working on further drilling at Point Thomson, the large gas and condensate field east on the eastern North Slope, about 60
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miles east of Prudhoe Bay. A new gas and condensate production well at a new drill site is planned for 2026 that is expected to add production and bring Point Thomson production to near 10,000 barrels per day of condensate, a natural gas liquid. It is the first new well drilled at Point Thomson since 2016 and is an expensive project budgeted at $180 million, Hilcorp said at the Alaska Oil & Gas Association conference. Logistics are a major part of what makes it expensive, the company said. Doyon Drilling’s Rig 15, previously on Spy Island in the Nikaitchuq field was re- cently moved by barge in a major sealift to Point Thomson. Preparations are underway for drilling to commence this winter and will also require an expenditure of $40 mil- lion for an ice road to be built to the location from Deadhorse, which is at Prudhoe Bay. Point Thomson is now producing about 4,000 barrels per day of condensate and has been short of its 10,000 barrels per day production goal because of technical chal- lenges in producing and injecting produced gas back into the high-pressure reservoir at Point Thomson. The new well is planned to bring pro- duction to the target of 10,000. First oil from
the new well is anticipated for the second half of 2026. The Point Thomson asset also includes a 22-mile pipeline that connects the field with the 25-mile Badami pipeline at the small Badami oil field at essentially the halfway point between Point Thomp- son and the Trans Alaska Pipeline System (TAPS) Pump Station One at Prudhoe Bay. Hilcorp’s acquisition of BP’s Alaska assets included its share of Point Thomson. Exxon- Mobil was previously the Point Thomson field operator but has passed that responsi- bility to Hilcorp, which is known for its abil- ity to improve the value of producing assets through efficiency and investment. Point Thomson has an estimated 8 tril- lion cubic feet of natural gas as well as sev- eral hundred million barrels of the liquid condensates now being produced. The gas reserves at Point Thomson are a major part of the confirmed 35 trillion cu- bic feet of reserves on the North Slope that could support the proposed large Alaska LNG Project, which includes an 800-mile, 42-inch gas pipeline built from the North Slope to Southcentral Alaska. The remain- ing confirmed gas reserves on the Slope needed to support the LNG project and pipeline are in the Prudhoe Bay field.
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NORTH SLOPE LNG ROLLS DOWN DALTON HIGHWAY
Deliveries of gas flow into Fairbanks for the first time in history BY TIM BRADNER TRUCKS CARRYING LIQUEFIED NATURAL GAS (LNG) ARE NOW ROLLING DOWN THE 414- MILE DALTON HIGHWAY, THE STATE HIGHWAY CONNECTING THE NORTH SLOPE WITH INTERIOR ALASKA. Harvest Midstream, a Hilcorp Ener- gy affiliate, and the Interior Gas Utili- ty (IGU) began deliveries of LNG, from the North Slope to Fairbanks in Octo- ber, marking the first commercial sale of North Slope gas to communities beyond the Arctic region. "For the first time in history, North Slope gas isn't just staying on the Slope, it's reaching beyond to power Alaska's fu- ture," said Harvest CEO Jason Rebrook. "This project unlocks clean, reliable en- ergy for Interior families and businesses, and shows what's possible when we work together to build Alaska's energy securi- ty." Harvest's North Slope LNG facili- ty near Deadhorse will produce up to 150,000 gallons per day, triple the capac- ity of IGU's current plant. The facility is also designed for future expansion if mar- ket demand grows beyond current capac- ity. Deliveries are projected to surpass 8 million cubic feet of gas per day as IGU expands its infrastructure and converts customers over to natural gas service. Converting homes and businesses from fuel oil or wood over to natural gas service will have a significant improve- ment to air quality in the Fairbanks and North Pole areas, Harvest and the IGU said in a joint statement. Harvest's LNG facility is capable of reducing fuel oil and wood smoke emissions by up to 2,000 tons per year, a large component of which
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The Interior Gas Utility plans to expand infrastructure to accommodate new natural gas service.
is particulate matter harmful to human health. "Bringing North Slope natural gas into Fairbanks is a historic step for Interior Alaska but also for our state as a whole," said Elena Sudduth, General Manager of IGU. "This project gives our commu- nity access to a new, virtually unlimited source of gas, strengthening our resil- ience and ensuring our customers have access to reliable service as Alaska's ener- gy landscape continues to evolve." The Harvest plant will be able to pro- duce 150,000 gallons of LNG per day or approximately 4.5 billion cubic feet of
natural gas per year, and IGU will need approximately 1.5 billion cubic feet this fiscal year. The utility has a minimum volume commitment with Harvest that goes up slightly every year until it reach- es a level slightly over 3 billion cubic feet per year. There is significant additional capaci- ty that IGU can market to others. “We have first call on all the LNG. Hil- corp could sell to others, but they would have to be interruptible contracts because of IGU's first call. IGU is, however, able
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happens, she said. Once the Harvest fa- cility is done with its commissioning and steady operations begin, the IGU-Hilcorp contract in the Cook Inlet will terminate. “IGU will have, for a period of up to 12 months, access to (Cook Inlet) gas supply for Titan on an emergency basis, but not for baseload production,” Sudduth said. In the Fairbanks and North Pole ar- eas, IGU currently serves a little less than 3,500 customers. “This is up quite a bit from the 1,200 customers pre-2019 when we commis- sioned the 5.25-million-gallon LNG storage tank that allowed us to take on new customers,” Sudduth said. “With the combination of new supply, storage and
vaporization, and ability to extend main- lines as needed, we are ready to take on new customers.” This could include Fort Wainright, the major U.S. Army installation at Fair- banks. The Army post is now heated with steam heat generated by coal, but an En- vironmental Impact Statement (EIS) on future power supply done by the Army envisions a switch to natural gas. The Army has yet to issue a final Record of Decision on the EIS, however, so the mat- ter is on hold for now. The Interior Gas Utility is publicly owned and part of the Fairbanks North Star Borough. It operates more than 150 miles of mainline gas distribution in Fairbanks and 85 miles in North Pole. IGU’ service is supported by 5.5 million gallons of LNG storage at three storage sites in Fairbanks and North Pole, east of the Interior city. The public utility was formed fol- lowing the purchase of privately-owned Fairbanks Natural Gas, which had also developed the small LNG plant in the Mat-Su and began trucking liquefied gas from the Mat-Su to Fairbanks on the Parks Highway. Gas distribution lines were first built to serve a down- town core area of the Interior city. Ser- vice was limited to the availability of LNG supply and storage, and financing. The state Legislature stepped in to help finance construction of larger LNG storage tanks though state capital appropriations and the state develop- ment finance agency, the Alaska Indus- trial Development and Export Author- ity (AIDEA), helped finance IGU’s expansion and additional storage after the public utility was formed. The idea of an LNG plant on the North Slope with liquefied gas trucked to Fairbanks is not new. Ray Latchem, CEO of Tulsa, Okla.-based Spectrum LNG, had formed a small local gas dis- tribution system to serve contractors and support companies at Deadhorse, at Prudhoe Bay, and also proposed an LNG plant to serve Fairbanks. At the time, the project was not economically feasible as a private ven- ture with the limited customer base of the Fairbanks gas service area. It was only after the Legislature and AIDEA extended assistance, and Harvest Mid- stream agreed to build the LNG plant as
a separate, private venture, that the over- all project took shape. The LNG plant was not without its technical complexity. Natural gas for the Harvest plant is produced from the Prud- hoe Bay field and has a high 12% carbon dioxide content. Almost all of the CO2 must be removed for the gas to be con- verted to LNG, however, and this pre- sented challenges for Harvest. The diffi- culties were overcome, however. Now that the plant is operating, there are new opportunities. Although IGU has first call on the LNG from Harvest, there will eventually be liquefied gas available for other customers on the North Slope and in Interior Alaska. LNG trucked from Prudhoe Bay could solve the energy challenges of a major copper mine proposed in the Ambler Mining District, for example. AIDEA is proposing to build a 211-mile industrial road from the Dalton Highway west to the area where mining companies are ex- ploring copper discoveries. If the road is built, and a mine in the Ambler District is feasible, LNG from
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"Bringing North Slope natural gas into Fair- banks is a historic step for Interior Alaska but also for our state as a whole. This project gives our community access to a new, virtually un- limited source of gas, strengthening our resil- ience and ensuring our customers have access to reliable service as Alaska's energy landscape continues to evolve." — Elena Sudduth, General Manager, IGU
to market the extra LNG to anyone on firm basis,” Sudduth said. Currently, IGU's Titan plant near Port MacKenzie, in the Matanuska-Susitna Borough, produces up to 50,000 gallons per day, one third of the planned capacity of the Harvest plant on the North Slope. “The Titan plant’s actual liquefaction capacity varies depending on the ambient temperature. The colder it is, the more efficient the LNG plant is. In mid-Octo- ber the plant was producing about 42,000 gallons of LNG,” Sudduth said. The transition from the Mat-Su to the North Slope will be rather abrupt when it
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newly available to provide energy for new economic development, such as mines, in Interior Alaska. On a closer timeframe, contractors on the North Slope would be able to substi- tute liquefied gas for diesel in providing fuel for new oil and gas projects.
Prudhoe Bay could be trucked to the road juncture, which is about half-way to Fairbanks on the Dalton, and then west to Ambler. The total trucking distance from Prudhoe to Ambler would be about the same as the distance from Prudhoe to Fairbanks. This illustrates the potential for LNG
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