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
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.

Related Coverage

All three major North Slope producers have signed Alaska LNG Phase 1 sale agreements — and they want their ownership to stop at the 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.

Alaska Newsby Alaska News3mo ago3 min readAI
Juneau
Cover image for article: All three major North Slope producers have signed Alaska LNG Phase 1 sale agreements — and they want their ownership to stop at the lease line