NEWS BULLETIN

April 07, 2016 --- Vol. 22, No. 18April 2016

ConocoPhillips applies for Kuparuk Moraine pool rules

ConocoPhillips has applied to the Alaska Oil and Gas Conservation commission for the approval of pool rules for a new oil development in the Moraine oil pool, in the northwestern part of the Kuparuk River unit. In its application the company says that it plans initial development from the existing onshore 3S drill site, with produced fluids to be commingled with other Kuparuk production for processing in a Kuparuk central processing facility. Additional development may take place from one or more new drill sites, the company says.

ConocoPhillips spokeswoman Natalie Lowman told Petroleum News in an April 7 email that the company is currently evaluating the commerciality of the Moraine deposit and the applicability of various development scenarios.

The proposed development involves turbidites of the upper and lower Moraine members of the Torok formation, in the relatively shallow Brookian rock sequence.

- ALAN BAILEY

DNR extends term of BRPC's Southern Miluveach unit

The Alaska Department of Natural Resources has extended Brooks Range Petroleum Corp.'s Southern Miluveach unit to Dec. 31, 2017. BRPC has been working to bring oil production online from its Mustang pad at the unit.

The North Slope unit was set to expire March 31 of this year and BRPC initially requested a one-year extension, to March 31, 2017, a request which the company later amended to Dec. 31, 2017.

The unit, formed effective March 31, 2011, consists of 8,960 acres, five state oil and gas leases, south of the Kuparuk River unit.

DNR said in a decision dated March 30 that the unit is operating under its third plan of development. BRPC said in its March amended request that it would like the POD, which was set to expire March 31 of this year, to expire at the end of 2017, matching the unit extension. In its decision, however, DNR only extended the POD to the end of 2016.

- KRISTEN NELSON

See stories in April 10 issue, available Friday, April 8 at www.PetroleumNews.com


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