KUVLUM NOT VIABLE AS SOLE DEVELOPMENT
The Kuvlum oil discovery in the Beaufort Sea off Alaska is not commercial as a stand alone development, ARCO Alaska Inc. said last week. The strike ignited keen interest in the Beaufort Sea when ARCO last summer speculated the structure could contain as much as 1 billion bbl of oil (OGJ, May 31, p. 15). That well flowed 3,400 b/d of 34 gravity oil. The prospect covers 35,000 acres and is about 16 miles offshore and 60 miles east of Prudhoe Bay.