Hilcorp will pursue Liberty development

By Alan Bailey, Alaska Dispatch News

Having purchased a large slice of BP’s interests in four BP northern Alaska oil fields, Hilcorp Alaska is going to file a new proposed plan of the development for the Liberty field, offshore in the Beaufort Sea. Hilcorp has acquired a 50 percent interest in Liberty and is now the field operator. Hilcorp has also acquired all of BP’s interests in the Endicott and Northstar fields in the Beaufort Sea and a 50 percent interest in the Milne Point field in the central North Slope.