0:46
Luke Saugier
37:49 - 38:35
"We do not have a gas sale precedent agreement in place for Prudhoe Bay because we feel like we can satisfy all of the gas needs for Phase 1 from other less complicated fields, specifically Northstar, and we're working on one for Point Thompson."
“We do not have a gas sale precedent agreement in place for Prudhoe Bay because we feel like we can satisfy all of the gas needs for Phase 1 from other less complicated fields, specifically Northstar, and we're working on one for Point Thompson.”
- Speaker
- Luke Saugier
- Timestamp
- 37:49 – 38:35
- Community
- Alaska News
- Location
- Juneau
- Captured at
- June 8, 2026
From the transcript
That's the two— the treatment plant and the compression facility. Those already exist, um, and handle that 9 BCF of gas every day. And then, as I said on one of the first slides, we handle 10 times as much water as we do oil every day. Right, so we're already moving a lot of fluids and we have, you know, about 1,400 people up there working across, let's say, 11 major facilities at Prudhoe Bay. We do not have a gas sale precedent agreement in place for Prudhoe Bay because we feel like we can satisfy all of the gas needs for Phase 1 from other less complicated fields, specifically Northstar, and we're working on one for Point Thompson.
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North Slope producers will sell Alaska LNG gas at lease line
Three major North Slope producers told the Alaska Senate Finance Committee they signed gas sale precedent agreements for Alaska LNG Phase 1 and will sell at the lease line. That structure means midstream pipeline and treatment costs won't be deductible against oil production tax.
by Alaska News3h ago4 min readAIJuneau
