Three North Slope exploratory tests find oil

By OGJ editors

Repsol SA said its winter exploratory campaign on Alaska’s North Slope resulted in three “good quality hydrocarbon discoveries” whose results are encouraging for future development, but the company did not use the word commercial in its announcement.

The Qugruk-1 and Qugruk-6 wells, about 3 miles apart along the Beaufort Sea shore, produced two hydrocarbons shows, with encouraging results during production tests.

The Qugruk-3 well, 7 miles inland from the other two wells, identified hydrocarbons at multiple levels, Repsol said. The company said the Q-1, Q-3, and Q-6 wells reached depths of 2,493 m, 3,214 m, and 2,637 m, respectively, but didn’t provide names of the oil formations.

“These results are encouraging for the future development of the resources discovered,” Repsol said. “Recent tax reform passed in Alaska was a critical factor in ensuring the development of this project, where extreme climate conditions and geographical remoteness result in high operating costs.”

Repsol operates the discovering group with a 70% stake, together with US companies 70 & 48 LLC, a subsidiary of Armstrong Oil & Gas, 22.5%, and GMT Exploration Co. 7.5%.

Related Articles

Cenovus starts production from Phase F at Foster Creek oil sands project

09/19/2014 Cenovus Energy Inc., Calgary, started oil production earlier this month at its recently completed Phase F expansion at its Foster Creek oil sands p...

Inpex to increase recovery, lifespan at Minami-Nagaoka field

09/19/2014 Inpex Corp. plans to upgrade facilities at its Koshijihara plant to enhance natural gas and condensate recovery at Minami-Nagaoka gas field in Japan.

Wild Well completes second capping stack

09/18/2014 Wild Well Control Inc., a subsidiary of Superior Energy Services, has completed a subsea capping stack stationed in Singapore to serve the area dur...

Noble signs Big Bend, Dantzler production agreement

09/18/2014 Noble Energy Inc., Houston, has signed a production handling agreement with SBM Offshore to produce the Big Bend and Dantzler fields via the Thunde...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected