Pioneer Natural Resources finds oil at North Slope Cronus prospect
Pioneer Natural Resources Co. has announced the discovery of oil in its Cronus No. 1 well on Alaska’s North Slope, southwest of the Kuparuk River unit. The primary target for the well was a Cretaceous-age Torok sand sequence, similar to the reservoir in the nearby Meltwater field.
“A thick, oil-bear....
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Pioneer, AVCG working interest owners
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