Point Thomson gas development begins production on North Slope

The Point Thomson gas development on the North Slope has started production. In a web release, ExxonMobil states it will initially produce 5000 barrels per day of gas condensate and 100 million cubic feet per day of recycled gas that will be re-injected for future recovery.
Exxon estimates the facility will double the daily production of condensate within a few months. The company says Point Thomson holds 8 trillion cubic feet of natural gas and condensate, equaling 25 percent of the known gas o