HOME PAGE SUBSCRIPTIONS, Print Editions, Newsletter PRODUCTS READ THE PETROLEUM NEWS ARCHIVE! ADVERTISING INFORMATION EVENTS PAY HERE

Providing coverage of Alaska and northern Canada's oil and gas industry
February 2009

Vol. 14, No. 5 Week of February 01, 2009

BRPC adds to exploration program

Company plans to drill at West Shore if time permits, now drilling three prospects in Gwydyr Bay this winter, gets AOGCC permit

Eric Lidji

Petroleum News

A four-company joint venture is adding two proposed wells to an already busy North Slope exploration program this winter in the Gwydyr Bay area north of Prudhoe Bay.

Project operator Brooks Range Petroleum Corp., the local arm of Kansas-based Alaska Venture Capital Group, is permitting a well and a sidetrack at the West Shore prospect.

With the additional wells, BRPC is now looking at drilling three prospects this winter in the hopes of proving up enough possible reserves to justify development in the region.

In the fall, the company announced plans to explore two prospects this winter.

First, the company will drill North Shore No. 3 from an existing ice pad used to drill North Shore No. 1, an exploration well BRPC drilled in 2007 and re-entered last winter.

North Shore No. 1 tested at a day rate of 2,092 barrels of oil from the Ivishak formation, but a mechanical problem compromised testing of the shallower Sag River formation.

North Shore 3 permitted

On Jan. 23, the Alaska Oil and Gas Conservation Commission approved a permit for BRPC to drill North Shore No. 3, the first drilling permit issued to the company this year.

According to a timetable given to the state in October, BRPC hopes to drill for some 45 days at North Shore, finishing work before the end of February.

Next, BRPC plans to move a mile to the north to drill Sak River No. 1A, a sidetrack to a dry hole the company drilled in 2007. If successful, the company could drill a sidetrack.

The company expects to spend two months at Sak River, finishing at the end of March.

If time permits, BRPC would then move four miles to the west to drill West Shore No. 1 before the end of April. The company could also drill a sidetrack and conduct a flow test.

To explore West Shore, the company needs to build five miles of ice road and an ice pad.

The company plans to drill all three prospects using Nabors rig 16-E.

BRPC is operating the Gwydyr Bay exploration program on behalf of TG World Energy Corp., Bow Valley Alaska Corp. and Nabors subsidiary Ramshorn Investments Inc.

BRPC is currently engaged in a legal battle with TG World, after the Calgary-based independent decided not to participate in drilling and development programs this winter.






Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)Š1999-2019 All rights reserved. The content of this article and website may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law.