Hilcorp Energy

Hilcorp Energy drilling rig in the Milne Point field, North Slope.

North Slope production is holding generally steady but trending slightly down, according to January reports by the state Department of Revenue, which tracks daily and monthly production. While most of the slope;s producing fields showed continued gradual declines the large Prudhoe Bay field was up in January, continuing a modest upward trend since Hilcorp Energy became field operator last summer.

Prudhoe Bay is important because it produces over half of the oil flowing through the Trans Alaska Pipeline System.

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