NEWS BULLETIN

November 05, 2010 --- Vol. 16, No. 98November 2010

Badami field restarts

The Badami oil field, the most easterly of the developed fields on Alaska’s North Slope, has gone back into production, Greg Vigil, an executive of Savant Resources, told Petroleum News today. Savant and Arctic Slope Regional Corp. have been working with field operator BP since 2008 to bring the troubled field back on line, following a 2007 field shutdown intended to allow the field’s highly compartmentalized reservoir to recharge with oil.

Earlier this year Savant drilled a new exploration well in the Badami unit. The company also drilled a new horizontal sidetrack well in the Badami reservoir, to test the use of horizontal drilling techniques to tease a higher oil flow rate from the field. The company planned to bring six wells on line in the startup, including production from an oil bearing horizon in the exploration well and production from the horizontal well.

See story in the Nov. 14 issue of Petroleum News, available to subscribers online at noon, Friday, Nov. 12 at www.PetroleumNews.com


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