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0:37

Luke Saugier

32:57 - 33:34

"Our only upstream cost will be that connection into the pipeline, which will be right at, as you say, the tailgate of our plant."

Our only upstream cost will be that connection into the pipeline, which will be right at, as you say, the tailgate of our plant.
Speaker
Luke Saugier
Community
Alaska News
Location
Juneau
Captured at
June 8, 2026

From the transcript

The reason that we have structured our agreements on selling gas the way that we have is to minimize the cost to Hilcorp, the upstream operator, to sell that gas, right? So I'm not quite sure what the cost of building a gas pipeline and a gas treatment plant are, but none of that cost will be paid by Hilcorp. Our only upstream cost will be that connection into the pipeline, which will be right at, as you say, the tailgate of our plant. And I think that's consistent with our business model. We are an upstream oil and gas company.

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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