Highlights Expansion of condensate production beyond pilot not feasible Deadline stayed as long as LNG project progresses Anchorage, Alaska — Alaska has agreed to extend a key deadline in a 2012 lawsuit settlement with ExxonMobil and BP over development of the Point Thomson gas and condensate field 60 miles east of Prudhoe Bay on Alaska’s North Slope. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The deal was reached to facilitate ExxonMobil’s agreement to supply its North Slope gas, both at Point Thomson and in Prudhoe Bay field, to the proposed $43 billion-plus Alaska LNG Project, state Commissioner of Natural Resources Andy Mack said Tuesday. Point Thomson holds an estimated 8 Tcf of gas and 100 million barrels of liquid condensates and is considered a critical part of the gas supply needed for the Alaska LNG Project. A letter of agreement finalized Monday among the […]