Alaska is home to a lot of oil and gas companies in the United States and this article would provide a list of the top 10 best oil and gas companies in Alaska. Before we proceed to list out the oil and gas companies in Alaska, we would provide a brief history of the discovery of oil in Alaska.
The first major discovery of oil in Alaska was in 1957 at the Kenai Peninsula at Swanson River however, in the year 1957, the biggest was the discovery of oil was made in Alaska at the giant Prudhoe Bay oil field on Alaska’s North Slope and this discovery made Alaska one of the biggest producers of oil in the United States of America.
Alaska is one of the largest states in the United States of America and it was established on January 3, 1959, after its admittance as the 49th state in the United States of America. The nickname of Alaska is the Last frontier and the motto of the state is North to the Future.
The geography of Alaska is quite unique and this is because it is located at the Northwest corner of Northern America and it is bordered by Yukon and British Columbia in Canada to the east, and the gulf of Alaska and Pacific ocean to the south and southwest.
Top Oil and Gas Companies In Alaska
ExxonMobil is one of the largest producers of oil in Alaska and they have been drilling oil in Alaska since 1925. The company dug its first oil well Yakataga Beach in 1925 and they also have a reservoir named Point Thomson Reservoir also Alaskan indigenes make up 70% of its workforce.
2. Chevron Corporation
Chevron Corporation is one of the major oil and gas companies in the world and it owns 25% of point Thomson gas, condensate field 60 miles east of Prudhoe Bay, as well as 1 percent of the Prudhoe Bay field, 1 percent of the Alpine field and 5 percent of the Kuparuk River field.
3. HillCorp/BP Exploration
BP exploration was established in 1959 and the company specializes in drilling oil wells, for oil and gas fields in Alaska and the company is currently being owned by Hillcorp. The sale was announced on the Bp explorations website on 27th August 2019, and the sale included interests in the giant Prudhoe Bay field and Trans Alaska Pipeline. The company is located at 900 EAST BENSON BLVD. ANCHORAGE, AK 99508-4254.
5. Conco Philips
Conco Philips is the largest oil producer in Alaska and was founded in 1875 by Frank Philips Isaac, Isaac. E.Blake, and L.E Philips. Conco Philips produced 49% of crude oil in the United States of America in the year 2019 and 10% in Norway in the same year. The company is headquartered in the Energy Corridor of Houston at 925 N. Eldridge Parkway.
6. Petro Star Inc
Petro star is an indigenous oil and gas company established in 1984 and they produce some of the following: lubricants, heating fuel, aviation fuel, and marine fuel. Petro Star is located in 3900 C Street Suite 802 Anchorage, Alaska.
7. BlueCrest Energy
Bluecrest Energy was established in 2011 with the goal of developing Oil and gas resources within Alaska region. The focus of Bluecrest Energy is on cosmopolitan fields and they own 100% of undeveloped fields in the Cook inlet basin. Bluecrest Energy is located in 1320 South University Drive, Suite 825,
Fort Worth TX, 76107.
Eni is an Italian oil and gas company that currently has a base in the United States of America and they recently acquired 70% oil and gas ownership of the Oooguruk oil field in Alaska from their fellow oil and gas company Caelus Natural Resources Alaska LLC.
9. Glacier Oil and Gas Corporation
Glacier Oil and Gas is an oil and gas company whose focus is solely on the production of oil and gas resources in the Alaska region of the United States. Glacier oil operates the Badami unit of the north slope, and gas assets at the North Fork Unit near Anchor Point on the Kenai Peninsula furthermore, it operates its drilling production and fields.
10. Alyeska Pipeline Service Company
Alyeska Pipeline Service company was established in 1970 with the aim of constructing, operating and maintaining a pipeline to transport oil from the fields on the North slope of Alaska where oil was discovered. They moved their first oil in the year 1997 and they have more than 18 billion barrels of oil.
Let us hear what you think about these companies below also, drop the name of other oil companies below that you feel should have been in this list.