Massive Point Thomson modules reach Slope by barge
Point Thomson production modules have been unloaded from barges after a 4,000-mile sea voyage from South Korea, where the units were constructed. The facilities are now moved into place in the field, where crews will spend the fall and winter hooking up and doing commissioning work. Production will begin in the first quarter of 2016.
Designated as the “Initial Production System” for Point Thomson, this is seen as a phase one of field development that will produce 10,000 barrels per day of natural gas liquid condensates, a high-quality hydrocarbon similar to kerosene or diesel. Those will be shipped through a new 22-mile pipeline to a connection with the existing Badami pipeline, and then on to Pump Station One of the Trans Alaska Pipeline System.
As of mid-2015 the Point Thomson owners — ExxonMobil (62.2 percent), BP (31 percent) and several minority partners — have spent $3.2 billion on the project, which is being managed by ExxonMobil. Costs are expected to reach $4 billion.
The modules ranged in size from 1,500 tons to 3,000 tons, and will make up the main process facilities needed for gas separation and compression, power generation, waste heat recovery and other utility services.
Natural gas produced with the condensates will be injected back underground. Eventually Point Thomson will be developed for conventional gas production if the planned Alaska LNG Project is built.
About 70 percent of the $3.2 billion expenditures on the project to date have been spent in Alaska. About 99 Alaska companies have worked on various phases of the project with more than 800 people working on site and an additional several hundred working at other Alaska locations.