Exxon transfers Point Thomson operations on Alaska's North Slope to Hilcorp - NewsBreak
By Hardik in Business
Updated 3 years ago
ExxonMobil has agreed to transfer operating responsibility for the Point Thomson field on the North Slope to Hilcorp. Point Thomson, on state land east of Prudhoe Bay, is a large reservoir of natural gas and gas condensate. Exxon will maintain its 60% ownership stake in...