Cook Inlet oil production still slowed by volcano

Posted: Thursday, September 17, 2009

KENAI - Chevron's Cook Inlet oil production is about 6,000 barrels a day, about 75 percent of what it was before last spring's eruption of Mount Redoubt.

The company's operations manager, Dale Haines, told an Alaska Industry Support Alliance luncheon Tuesday in Kenny that shutting down the Drift River Oil Terminal in April forced a change. Oil is now brought to Granite Point or Trading Bay facilities and pumped directly onto oil tankers.

That requires the cost of a tanker every two weeks, instead of every four-to-six weeks before the eruption.

The Peninsula Clarion reports Chevron produced 225,000 barrels of oil a day from its Cook Inlet platforms in the early 1970s. Today, production is under 10,000 barrels per day.

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