For the first time since 1990, Alaska north slope oil production has increased year-on-year. It is up about 1% in the Jan-Apr 2016 period over the same interval in 2015, despite some early maintenance that took much of the area offline in late April. The slope still only produces about 25% of its peak production, which occurred around 1990.
Last year, Jan-Apr averaged 531K BOPD, and this year it grew to 535.5K.
The primary field level drivers were Kuparuk and Alpine, which saw large % increases in Feb-Apr of this year.
The primary field level drivers were Kuparuk and Alpine, which saw large % increases in Feb-Apr of this year.
