NEWS BULLETIN

June 27, 2019 --- Vol. 25, No.24June 2019

Oil Search might begin Pikka production early

The new oil field that is expected to increase Alaska North Slope output by almost 25% at its peak might be going online early - in 2022 versus late 2023.

Keiran Wulff, Oil Search Alaska's president, said June 26 that moving "cautiously, not expeditiously," the schedule for its big Pikka oil field development might be moved forward by more than a year.

"If we can get the necessary approvals drill some wells earlier we're looking at bringing it on early," he told attendees of the Resource Development Council's 44th annual luncheon in Anchorage.

- KAY CASHMAN

See story in June 30 issue of Petroleum News, available online June 28 at www.PetroleumNews.com

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