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Hildebrand worked for the American Energy Capital Corporation, the Dan A. Hughes Company, and Exxon Company, until he founded Hilcorp Energy Company, an oil and gas exploration and production company. [1] [5] He co-founded Hilcorp in 1990 and later bought out his partner for $500 million in 2003. [6]
The company owns the largest share of the Trans-Alaska Pipeline System, [11] after purchasing BP's 49% stake in 2019. [ 12 ] [ 13 ] Hilcorp notably paid all of its employees a $100,000 bonus in 2016, [ 14 ] and paid a $75,000 bonus to every employee in 2021.
The major owner of the company is Hilcorp with 46.93% of the shares dating from the acquisition of BP.The other group members are ConocoPhillips Transportation (shares formerly owned by ARCO and acquired by Phillips during its acquisition of ARCO Alaska as part of the settlement between BP and the FTC [4]) (28.29%), ExxonMobil (20.34%), Koch Alaska Pipeline Company (3.08%), and Unocal (1.36%).
Prudhoe Bay Oil Field is a large oil field on Alaska's North Slope.It is the largest oil field in North America, covering 213,543 acres (86,418 ha) and originally contained approximately 25 billion barrels (4.0 × 10 9 m 3) of oil. [1]
XTO Energy Inc. is an American energy company and subsidiary of ExxonMobil principally operating in North America.Acquired by ExxonMobil in 2010 and based out of Spring, Texas, it is involved with the production, processing, transportation, and development of oil and natural gas resources.
Hilco Global is a multinational financial services holding company. It operates over twenty businesses in five continents and specializes in asset valuation, advisory, monetization capital, and disposition services.
The hospice business has undergone a dramatic transformation over the past decade, from a collection of small religious-affiliated entities into a booming mega industry dominated by companies seeking to reap big profits from the business of dying.
Alaska headquarters of BP in Anchorage. In February 1969, before the SS Manhattan had even sailed from its East Coast starting point, the Trans-Alaska Pipeline System (TAPS), an unincorporated joint group created by ARCO, British Petroleum, and Humble Oil in October 1968, [24] asked for permission from the United States Department of the Interior to begin geological and engineering studies of ...