Daren Beaudo
Daren Beaudo
across future impacts learned looking oil potential share
We're looking at a 50-year future here. We'll take what we learned about the potential impacts of viscous oil and share it across the field.
leaks sensitive small
They are not necessarily as sensitive to very small leaks at any one time.
expect majority material recovered
We expect that the majority of the material recovered is going to be oil.
looking
We're disappointed in the ruling, and we're looking at our options.
spill
Right now we don't know how big of a spill we have.
actual awhile closer evaluate exactly leak scene taken
It's taken us awhile to get closer and closer to the actual scene to try to evaluate exactly where the leak is.
changing chilling company future increasing message prior rules sends taxes
Changing the rules and dramatically increasing taxes on prior investments and future investments sends a chilling message to any company considering investments in Alaska.
amount barrels billion compare delivered fact line oil since tiny
If you look at the fact that we've delivered 15 billion barrels of oil down that line since it opened, if you compare any amount of oil spilled, it's a tiny fraction.
concerned spill
But, of course, we're concerned about any spill scenario.
billion capital investment looking next
We're looking at $13 billion in capital investment over the next decade.
presented talk
When a statute is presented I'll have something to talk about.
area cleaned impact knowing
Knowing the impact area and getting it cleaned up, to us, is in a sense the most important thing.
aligned current interest liberty sale state
Our participation in the state lease sale is aligned with our current interest in progressing Liberty along.
challenges created crude facilities handle light line oil source technical water
There are technical challenges with viscous oil and these facilities were created to handle light oil. It's not necessarily the characteristics of the crude oil, it's water. Water is the source of corrosion. You've got to have water in the line to have corrosion.