Story Created:
Feb 8, 2010 at 5:43 PM AKST
Story Updated:
Feb 8, 2010 at 5:43 PM AKST
Exxon Mobil says it has drilled the first development well for the Point Thomson project.
Exxon also announced Monday that a 60-mile ice road has been completed from Endicott to Point Thomson, allowing the transport of heavy equipment and material to the site on the North Slope.
The well was drilled to a depth of more than 16,000 feet. The company says the shore-based rig was directionally drilled under the Beaufort Sea to a gas reservoir more than 1 1/2 miles offshore.
The company says the project about 60 miles east of Prudhoe Bay
is scheduled for production in 2014.
