Feasibility of Production, Loading and Storage Systems for the North Aleutian Basin

This is a Joint Industry Project (JIP) with five oil companies. The purpose of the project was to study the safety, feasibility, and cost of production systems required to produce oil and gas in Outer Continental Shelf Lease Sale 92. It examined the feasibility of both steel jackets and concrete gravity platforms, as well as a tanker based floating production, storage and loading system with subsea completion and marine riser. Because of the significant differences in the concepts, it was proposed to carry out a lift cycle economic trade-off and evaluate the sensitivity of results to changes in some of the key parameters.