ANCHORAGE, Alaska — A new oil field came online on the North Slope Wednesday, but a group that encourages development of Alaska's resources says it may be too little too late
The Nikaitchuq unit will only put out about 28,000 barrels of oil per day at its peak and the Resource Development Council of Alaska says it's the last oil development that will be coming online for at least five years.
ENI-owned Nikaitchuq went online this morning. Its estimated daily throughput will only be a drop in the bucket compared to the 650,000 barrels coming through the pipeline right now. The RDC says throughput is dropping each year by 48,000 barrels per day.
The state doesn't dispute that statistic, but says Alaska is not resigned to having an empty pipeline in the next decade.
Department of Natural Resources Commissioner Dan Sullivan said the state is working to attract new producers, while at the same time working with the companies already on the Slope to expand their production.