NEWS BULLETIN

November 05, 2002 --- Vol. 8, No. 115November 2002

Prudhoe Bay voting at North Slope Borough (SA-10) building

Residents of Prudhoe Bay precinct 36 vote in North Slope Borough (SA-10) building. Polls are open from 7 a.m. to 8 p.m. This is the first general election held in the new district 40 precinct 36. Absentee voting will also be available. Security badges are acceptable as photo id.

October ANS oil production up 11 percent from September

TG World Energy, a joint venture partner with Brooks Range Petroleum and Ramshorn Investments in Brooks Range-operated leases on Alaska’s North Slope, has said that the JV hopes to drill a third exploration well in the 2006/07 winter drilling season. Brooks Range has previously said that the joint venture plans to drill two wells in the winter season in the Gwydyr Bay area, north of the Prudhoe Bay unit.

The statement about the additional well came as part of a TG World announcement about its approval of the budget and exploration plan for 2006/07 North Slope exploration.

“The current budget also allows for the drilling of a third well during the 2006/07 winter drilling season,” TG World said. “Management of TG World is confident that technical work currently under way will lead to the identification of a third well location for addition to the 2006/07 drilling program.”

Brooks Range has contracted with Nabors Drilling to use rig 16E for the 2006/2007 drilling — Nabors is currently readying the rig for the drilling season. The joint venture has also contracted with Baker Energy, a unit of engineering and energy management company Michael Baker, for support services during exploration and, in the event of a petroleum find, for field development.

Editor’s note: Watch for full stories in the Sept. 10 issue of Petroleum News, which will be available online at www.PetroleumNews.com on Sept. 7.

233 bpd in October, down 2.9 percent from September's average of 213,468 bpd. Endicott (including Sag River, Eider and Badami) October production averaged 24,086 bpd, down 15.2 percent from a September average of 28,418 bpd. Cook Inlet production averaged 30,283 bpd in October, down 3 percent from a September average of 31,197 bpd. Prudhoe Bay natural gas liquids averaged 30,106 bpd in October, down 0.2 percent from a September average of 30,159 bpd.


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