ConocoPhillips' Dan Clark Provides RDC Members With Cook Inlet Update

ConocoPhillips’ Dan Clark Provides RDC Members With Cook Inlet Update

Commentary: CH2M Hill’s Tom Maloney (NGP Photo) opened the Resource Development Council (RDC) weekly meeting this morning amid an atmosphere of significant energy policy challenges. These revolve primarily around 1) ANWR oil and gas access, and 2) diminishing Cook Inlet energy supplies and declining ‘deliverability’ during the coldest, darkest days of winter:

Executive Director Jason Brune (NGP Photo-r) inventoried RDC’s issues du jour, including:
- An action alert urging members to provide testimony to the U.S. Fish and Wildlife Service now inviting comment on its effort to revise the "Comprehensive Conservation Plan" for the Arctic National Wildlife Refuge (ANWR). Brune said RDC was concerned about the threat of the USFWS recommending to Congress through Secretary Ken Salazar (NGP Photo-l) and the President that the 1002 area of ANWR be set aside as wilderness. He then asked your author to collect and mail comment cards on behalf of members and about 100 comment cards were dispatched to the USFWS. RDC joined numerous members and other organizations in providing testimony and written comment. Deputy Executive Director Carl Portman (NGP Photo, with Deantha Crockett), provided testimony in Washington D.C., while Brune and Portman testified in Anchorage. (See our ANWR testimony story here.) Brune also complimented Tara Sweeney (NGP Photo) of Arctic Slope Regional Corporation for her exceptional testimony in support of developing the 1002 oil and gas reserves. He told members of RDC’s support for Gas Supply Agreements (GSA) pending with the Regulatory Commission of Alaska, of Senator Mark Begich’s (NGP Photo-lower right) support for federal revenue sharing associated with OCS rents, royalties and bonuses, and RDC’s support for the Alaska Resource Education fundraising, Coal Classic Golf Tournament.
Maloney then introduced Dan Clark (NGP Photo-l), who briefed members on ConocoPhillips assets in the Cook Inlet region. These include 70% ownership of the Nikiski LNG plant; 100% ownership of the North Cook Inlet Unit (50-60 MMSCFD gross production); 1/3 ownership of the Beluga gas field (100 – 120 mmscfd gross production). Clark went on to discuss LNG export and GSA status. Access his PowerPoint presentation here.