Printer Friendly

SEALIFT TO DELIVER FACILITIES TO MAINTAIN OIL RATE AT ALASKA'S PRUDHOE BAY FIELD

 ANCHORAGE, Alaska, May 20 /PRNewswire/ -- Barges carrying modular facilities designed to boost production at Alaska's Prudhoe Bay oil field are being loaded this week in New Iberia, La., for their 8,000-mile trip to northern Alaska.
 The three 400-foot barges will depart the Louisiana Coast June 4 and transit the Panama Canal en route to Prudhoe Bay. The sealift will arrive in early August and is timed to take advantage of the brief summer window when the Arctic ice pack moves offshore, allowing barge shipments through the Beaufort Sea.
 The barges are carrying three 10-story modules weighing 5,000 tons each, the heaviest modules ever constructed for Prudhoe Bay.
 Similar facilities will be delivered by sealift in 1994 completing the Gas Handling Expansion No. 2 (GHX-2) project. According to officials at ARCO Alaska Inc., the GHX-2 project will increase field-wide gas handling capacity from 5.2 billion to 7.5 billion standard cubic feet per day. This will enable the field's operators to boost production of oil and natural gas liquids by an estimated 100,000 barrels a day.
 Facilities delivered this summer will increase field-wide gas handling capacity to 6.5 billion standard cubic feet per day and will provide about half of the recovery benefits associated with GHX-2.
 Liquids production at Prudhoe Bay is constrained by the ability of field operators to process and re-inject natural gas which is produced in association with oil.
 Since 1988, Prudhoe Bay production has declined from 1.6 million to 1.175 million barrels of hydrocarbon liquids per day. Installation of additional gas handling capacity will temporarily stem decline in the near term and slow the rate of decline in the years ahead.
 The GHX-2 project will cost $1.2 billion and will increase ultimate Prudhoe Bay liquids recovery by an estimated 330 million to 450 million barrels. A similar project, GHX-1, was completed in 1990.
 Twelve modules weighing 17,000 tons will be delivered to the field by the 1993 sealift. Among the 12: a 5,000-ton gas expansion annex for Gathering Center No. 1, operated by BP Exploration in the western operating area; and two 5,000-ton tandem compressor units for the Central Gas Facility, operated by ARCO Alaska. The compressors are powered by a pair of 60,000 horsepower gas-fired turbines.
 Employment at the New Iberia fabrication site has averaged 1,100 craft and staff, with employment topping 1,800. Work will continue at the site on modules scheduled for the 1994 sealift.
 Sealift barges will be unloaded at West Dock at Prudhoe Bay. The modules will then be moved more than 10 miles inland using a massive rolling lift that has 32 axles and 512 tires. The special RTV (rubber tire vehicle) was built at a cost of $13 million.
 For months, workers at Prudhoe Bay have been preparing for arrival of the 1993 sealift. Total North Slope employment peaked in March at 950 workers, with 800 workers now employed on GHX-2 related projects.
 Workers are installing pile foundations for the new modules and revamping existing facilities to accommodate them. GHX-2 will also require construction of 29 miles of pipeline to move increased quantities of gas within the field.
 The Ralph M. Parsons Co. of Pasadena, Calif., designed the gas handling facilities. Fluor Daniel Inc. of Irvine, Calif., is fabricating the modules, and VECO International of Anchorage will install them on the North Slope.
 -0- 5/20/03
 /CONTACT: Susan Reed of ARCO, 907-265-6847/


CO: ARCO ST: California IN: OIL SU:

JB-LS -- LA006 -- 0710 05/20/93 11:02 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 20, 1993
Words:592
Previous Article:FPL ANNOUNCES SALE AND REDEMPTION OF FIRST MORTGAGE BONDS
Next Article:FINGERHUT ANNOUNCEMENT REGARDING WALL STREET JOURNAL ARTICLE
Topics:


Related Articles
Short-term fix masks long-term perils.
Declining production.
Oil industry's troubled waters.
Missing links leave oil untapped.
BP/Arco spending: Arco and BP, the state's two largest oil operators, are boosting 1993 capital investments to more than $1 billion.
FIVE MAJOR PROJECTS MAINTAIN EXXON U.S. PRODUCTION IN FACE OF DECLINING INDUSTRY PATTERN
Another billion barrels - focus on Alaska's oil industry.
BP Board Approves Northstar Development
Alpine, Other ARCO-Managed Projects Will Mean $850 Million Boost to Alaska Economy, $2.5 Billion in New State Revenue
Satellite fields: expanding North Slope production.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters