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NEWS BULLETIN

December 03, 2012 --- Vol. 18, No. 90December 2012

Conoco applies for Bear Tooth permit

ConocoPhillips has applied for a drilling permit in the Bear Tooth unit.

The company is asking for permission to drill the Cassin No. 1 well in the National Petroleum Reserve-Alaska unit, according to U.S. Bureau of Land Management filings.

Cassin No. 1 would be on lease AA081754, in the middle of the unit. The lease is included in Unit Area A, a subset of the unit designated for initial work commitments.

Earlier this year, ConocoPhillips staked nine potential well locations in the NPR-A, two in its Mooses Tooth unit and seven in the Bear Tooth unit (five wells and two sidetracks).

—Eric Lidji

November ANS production up from October

Alaska North Slope crude oil production averaged 581,940 barrels per day in November, an increase of 1.87 percent from an October average of 571,269 bpd.

The majority of the increase came from the BP Exploration (Alaska)-operated Prudhoe Bay field, which averaged 338,738 bpd in November, up 3.1 percent (10,108 bpd) from an October average of 328,630 bpd.

The other field with a month-over-month increase was the BP-operated Lisburne field, also part of greater Prudhoe Bay, which averaged 29,593 bpd in November, up 19.33 percent (4,793 bpd) from an October average of 24,800 bpd.

Other North Slope fields saw a month-over-month decline in production.

The ConocoPhillips Alaska-operated Kuparuk River field averaged 131,444 bpd in November, down 1.57 percent (2,097 bpd) from an October average of 133,541 bpd. Production from the BP-operated Endicott field averaged 10,616 bpd in November, down 6.45 percent (732 bpd) from an October average of 11,348 bpd.

The ConocoPhillips-operated Alpine field averaged 71,549 bpd in November, down 1.92 percent (1,402 bpd) from an October average of 72,950 bpd.

—Kristen Nelson

See stories in Dec. 9 issue, available online at 11 a.m. Friday, Dec. 7, at www.PetroleumNews.com

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