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It is located in Alaska along Cook Inlet, at the terminus of the Drift River, an historic floodplain of nearby volcanic Mount Redoubt. The facility is owned and operated by Cook Inlet Pipeline Company, a Houston-based corporation owned by Hilcorp. Oil is collected into the tanks via the submerged Cook Inlet Pipeline, which connects the tank ...
Oil Rig and Packraft on Cook Inlet. The Cook Inlet Basin contains large oil and gas deposits including several offshore fields. [17] As of 2005 there were 16 platforms in Cook Inlet, the oldest of which is the XTO A platform first installed by Shell in 1964, and newest of which is the Osprey platform installed by Forest Oil in 2000. Most of the ...
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The Cook Inlet Basin is a northeast-trending collisional forearc basin that stretches from the Gulf of Alaska into South central Alaska, just east of the Matanuska Valley. It is located in the arc-trench gap between the Alaska-Aleutian Range batholith and contains roughly 80,000 cubic miles of sedimentary rocks . [ 1 ]
The Illinois Basin has produced more than four billion barrels of petroleum. [6] Major oil production began in 1905, and from 1907 through 1912, the basin was the third-most oil productive area in the United States. Oil production peaked in 1908 at 34 million barrels per year, and declined steadily to 5 million barrels in 1933.
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The first federal lease sale offshore Alaska was held in 1976. Alaska produces oil and gas from offshore areas in the Cook Inlet and the Arctic Ocean. [7] Endicott Island is an artificial island built to produce oil from beneath the Beaufort Sea. There are currently four artificial islands being used for drilling.
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