The Alaska Oil & Gas Conservation Commission has issued final approvals for Miller Energy Resources Inc., Knoxville, Tenn., to operate on the Osprey platform in Alaska’s Cook Inlet, where it will rework five formerly producing oil wells.
A 2,000-ft sidetrack is planned in the second well. Osprey, in Redoubt Shoal field, has slots for 13 new wells that would target areas north and south of the developed, previously producing structure. On the platform is Rig 35, a new unit with top drive and automatic pipe handling equipment capable of drilling to 24,000 ft.
Miller is seeking permits for a 25-mile subsea oil pipeline from the Kustatan production facility across Cook Inlet to the Tesoro Corp.’s Kenai refinery.
Miller holds 723,000 acres of leases in Alaska, including 450,000 exploratory acres in the gas-prone Susitna basin.