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Providing coverage of Alaska and northern Canada's oil and gas industry
November 2017

Vol. 22, No. 46 Week of November 12, 2017

Accumulate files lease plan of operations

Accumulate Energy Alaska, a subsidiary of Australian-based 88 Energy, is continuing its permitting for two winter exploration wells.

Most recently the company filed a lease plan of operations with the Alaska Division of Oil and Gas to drill the two exploration wells, Bravo No. 1 and Charlie No. 1.

Accumulate told the division the wells are in support of the Icewine project.

The company applied to the Alaska Department of Environmental Conservation for an update to its oil discharge prevention and contingency plan to cover these two wells in August (see story in Aug. 27 issue of Petroleum News).

Accumulate has previously been drilling the Icewine project from the Franklin Bluff gravel pad - the new wells will be 22 to 25 miles west of the Franklin Bluff pad.

The drilling objectives for the wells include testing and evaluating the Seabee formation, a target found in surrounding exploration wells and in production at the Meltwater pool in the Kuparuk River unit, the company said in its lease plan of operations.

Accumulate has also filed applications for ice roads and ice pads to support the exploration.

Comments on the lease plan of operations application are due Dec. 2.

- KRISTEN NELSON






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