HOME PAGE All ADVERTISING OPTIONS SUBSCRIPTIONS - Print Edition, News Bulletin Service PRODUCTS - Special Publications SEARCHABLE ARCHIVES Free Trial Subscription
NEWS BULLETIN

July 19, 2021 --- Vol. 27, No.11July 2021

‘Nothing has changed' for Pikka project

Oil Search Ltd.'s unexpected announcement last night (July 18) that managing director Keiran Wulff had resigned, combined with the company seemingly backing off the development timeline Wulff had established for the Alaska North Slope Pikka project, cast uncertainty about Pikka's future. (Emphasis on seemingly.)

The confusion was short-lived. Tom Stokes, director of Alaska's Division of Oil and Gas, told Petroleum News at 12:30 p.m. today that he had just gotten off the phone with an Oil Search Alaska executive who had called him with assurances that "nothing has changed" on the timeline of the Pikka project.

- KAY CASHMAN

Prudhoe drilling to resume

Drilling is resuming at Prudhoe - at least in the western satellite area.

When Hilcorp North Slope, the Prudhoe Bay unit operator, filed its plan of development for the Prudhoe western satellites in January, it told the Alaska Division of Oil and Gas that the working interest owners had not approved a western satellite drilling program for 2021, although wellwork and workovers were planned.

In March, it delivered a similar message for the initial participating areas at Prudhoe.

Hilcorp said in its January filing that resumption of western satellite drilling in 2022 would "depend on market conditions and approval from working interest owners."

On July 15, Hilcorp filed a proposed amendment to the Prudhoe western satellite POD, telling the division it "anticipates completing up to six new drill wells within the Orion PA, including up to three producers and one injector from the L pad and up to one producer and one injector from the Z pad."

"We are pleased to have support from our working interest partners to drill several Prudhoe Bay wells in the coming months," Luke Saugier, Hilcorp senior vice president, Alaska, said in an email statement earlier today. "The last year has been challenging but I'm proud of what our team accomplished, including increasing production at Prudhoe Bay. We look forward to working with our Prudhoe Bay partners, ConocoPhillips, ExxonMobil and Chevron, to continue to safely and responsibly develop Alaska's natural resources."

- KRISTEN NELSON

See full stories in July 25 issue of Petroleum News, available online Friday, July 23 at www.PetroleumNews.com

For information on PN's news bulletin service, call 907-522-9469.

PO Box 231647, Anchorage AK 99523-1647

Print this story

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

CLICK BELOW FOR A MESSAGE FROM OUR ADVERTISERS.