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Hilcorp purchases Chevron’s Cook Inlet Assets

Posted in Electricians, Gas Industry, Oil Drilling, R&J Technical Services with tags , , , , , , , , , , , , , , on January 6, 2012 by amandarandjtech

Hilcorp buying Chevron’s Cook Inlet assets

Hilcorp Alaska LLC and Chevron announced that Chevron’s wholly owned indirect subsidiary, Union Oil Company of California, has agreed to sell its Cook Inlet, Alaska oil and gas assets to Hilcorp.

Financial terms were not disclosed.

The transaction closed at the end of 2011.

Assets in the sale include Union Oil contracts and interests in the Granite Point, Middle Ground Shoals, Trading Bay and MacArthur River fields; interests in 10 offshore platforms; interests in onshore gas fields including the Ninilchik unit and the Beluga River unit; and two gas storage facilities.

Current net production from the assets is some 3,900 barrels of oil and 85 million cubic feet of natural gasper day.

The sale also includes interests in the Cook Inlet Pipe Line Co. and Kenai Kachemak Pipeline LLC.

Chevron will retain its non-operated joint venture interests on the Alaska North Slope and its 1.36 percent interest in the Trans Alaska PipelineSystem.

Hilcorp, founded in 1989, is one of the largest privately held independent oil and natural gas exploration and production companies in the United States. Hilcorp is headquartered in Houston, has more than 700 employees and nine operating areas including the Gulf Coast region, the Gulf of Mexicoand the Rockies.

Operating across the United States, Hilcorp continues to grow by actively acquiring and exploiting conventional assets while expanding its footprint into a number of new resourceplays.

Hilcorp has been recognized for its progressive culture, values and ethics.

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R&J’s Commitment to Safety

Posted in Safety with tags , , , on August 30, 2010 by Kirstin Harris

Commitment to Safety

R&J Technical Services is committed to a safe and healthy workplace and is a believer that safety does not happen by chance, but rather through careful planning, training and support; with oversight from knowledgeable management. Our efforts have been recognized with a 3 year Incident-Free Operations (IFO) award from Chevron MCBU, and an “A” rating from ISNetworld, in addition to being an OSHA and MSHA certified contractor.

R&J has developed an industry leading safety program designed to protect all those employed by or affiliated with our projects. This includes the implementation of a written Drug and Alcohol Free Workplace Program where we pre-screen applicants and require pre-employment and post-accident drug and alcohol tests.

As a company and as individuals, we take great pride in contributing to the communities where we live and work. We also care about the environment and are proud of the many ways in which our employees work to safeguard it.