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0:24

John Sims

31:10 - 31:34

"The Hillcorp contract is down there at $8.36. There is an annual inflator, so it's not going to stay at that rate for the entirety of the contract. We expected about a 1.5% increase over the duration of that contract."

“The Hillcorp contract is down there at $8.36. There is an annual inflator, so it's not going to stay at that rate for the entirety of the contract. We expected about a 1.5% increase over the duration of that contract.”
Speaker
John Sims
Community
Alaska News
Location
Alaska
Captured at
June 9, 2026

From the transcript

So, you know, we're kind of seeing these prices are escalating significantly. The Hillcorp contract is down there at $8.36. There is an annual inflator, so it's not going to stay at that rate for the entirety of the contract. We expected about a 1.5% increase over the duration of that contract. But still, to Brett's point, the prices are going up in Cook Inlet.

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Cover image for article: Enstar faces 2033 supply gap as Hilcorp contract expires, no Cook Inlet producer can match drilling scale