NEWS BULLETIN

August 08, 2023 --- Vol. 29, No.15August 2023

Eni to repurpose Nikaitchuq North 01 well




ision of Oil and Gas approved a June 29 Nikaitchuq unit plan of operations amendment application from Eni to repurpose the well as a development well.

The end of the well is sealed off in state land and is currently in suspended status and has been plugged and cement sealed as per Alaska Oil and Gas Conservation Commission, or AOGCC, regulations.

Eni plans to drill a sidetrack off the existing wellbore to access and develop the Nikaitchuq Schrader Bluff Oil Pool. Existing infrastructure will be used for the project. Drilling is proposed to start no earlier than January 2024.

--KAY CASHMAN

See story in Aug. 13 issue of Petroleum News, available online Thursday, Aug. 10, at www.PetroleumNews.com.

The Minerals Management Service is asking companies for expressions of interest in leasing in the Norton Basin and Chukchi Sea-Hope Basin. The agency said separate calls for information and nominations for the outer continental shelf areas were published in the Federal Register today, the first step in an 18-month process. A Norton basin sale is tentatively scheduled for fall 2004, subject to interest. This area is in Norton Sound and the northern Bering Sea, west and south of the Seward Peninsula, and covers some 25 million acres. A Chukchi Sea-Hope Basin sale, tentatively scheduled for fall 2004 subject to industry interest, is in the Chukchi Sea from Point Barrow south to Cape Krusenstern. The Chukchi Sea area covers about 34 million acres. MMS is requesting nominations of "small, very specific areas" where companies "are willing to commit to exploration." MMS will use the information received to make the decision whether to proceed with leasing. MMS said that for these frontier areas it "is considering offering economic incentives for this sale similar to the type offered recently in the Proposed Notice of Sale for Beaufort Sea Sale186." Nominations and comments must be received by June 23.


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