The Point Thomson field is located both on and offshore 97 kilometres (60 miles) to the east of Prudhoe Bay. Point Thomson was discovered in 1977 by a consortium led by Exxon. The unit lies just to the west of ANWR (the Arctic National Wildlife Refuge), a federally protected wildlife area. The field holds the North Slope's second largest proven reserves of natural gas after Prudhoe Bay. The operator, ExxonMobil, is developing the field with a gas-cycling project that will extract ...
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Lower oil prices and a call for increased returns from shareholders has caused a subtle shift to occur in the upstream oil and gas industry. This shift is increasing investment opportunities and driving capital discipline.
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Asset report | May 2016
Point Thomson (Point Thomson Unit)
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