The nation’s largest independent oil and gas producer and its midstream subsidiary have teamed up to sponsor one of America’s most iconic events that never fails to go straight to the dogs. Reese Energy Consulting today is following the latest news from Houston-based Hilcorp and Harvest Midstream, which will sponsor the 50th anniversary of the Iditarod Alaskan dogsled race next March. The 1,000-mile trail begins in Anchorage and extends to Nome, where teams of veteran and rookie mushers from around the world battle winter’s most brutal elements to claim a share of a $500,000 purse. The 2022 Iditarod marks a half-century of races since its inaugural launch in 1967 and is the first sponsorship for Hilcorp and Harvest as principal partners. Hilcorp last year acquired BP’s Alaska upstream assets along with a stake in the 800-mile Trans Alaskan Pipeline System for $5.6 billion, making it the largest private operator and gas supplier in the state. The company holds nearly 1 million gross acres in the Cook Inlet and on the North Slope, producing an average 340 MBOEPD. Say it with us, “Mush.”
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