Santos loads first Pikka crude cargo from Alaska North Slope project
XLE•First Pikka crude cargo loaded
Santos loaded the first crude cargo from the Pikka phase 1 project on Alaska’s North Slope, starting commercial exports.
The 450,000-barrel Alaska North Slope crude cargo was loaded at the Valdez Marine Terminal onto the Polar Resolution for the US West Coast.
Production and ownership details
Pikka phase 1 is producing about 23,000 barrels per day gross, targeting an 80,000-barrel-per-day plateau in Q3 2026.
Santos operates Pikka with a 51% interest; Repsol holds 49%.
