Division approves Schrader Bluff PA
Eni gets first participating area on royalty-modified leases at near shore Nikaitchuq unit, expected to bring field online soon
For Petroleum News
The Alaska Division of Oil and Gas has approved the formation of the Schrader Bluff participating area at the Eni Petroleum-operated Nikaitchuq unit effective Jan. 1.
The new Schrader Bluff PA covers three leases at the nearshore unit.
The participating area covers an area of land and water believe....
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Reservoir discovered in 2004
120-200 million barrels
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