The Drift River Terminal Facility, also known as the Drift River Oil Terminal, is a tank farm which holds crude oil before it is loaded onto oil tankers and transported to refineries. It is located in Alaska along Cook Inlet, at the terminus of the Drift River, an historic floodplain of nearby volcanic Mount Redoubt. The facility is owned and operated by Cook Inlet Pipeline Company, a Delaware-based corporation owned 50% by Chevron and 50% by Pacific Energy Resources. Oil is collected into the tanks via the submerged Cook Inlet Pipeline, which connects the tank farm to the oil fields on the west side of Cook Inlet.