Hilcorp Fined $700k for Oil Well Violations

Alaska regulators impose $695,900 fine on Hilcorp for unauthorized gas injection at North Slope oil wells, marking the second-largest penalty against the company. Hilcorp, which operates Alaskas largest oil field, discovered the violation and claims it didnt cause safety or environmental issues. The fine is due to Hilcorps history of rule violations and failure to follow injection rules. Meanwhile, the AOGCC approves Hilcorps plan to test a new oil recovery method at a different Polaris well. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.