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AEX details work done under 2nd POD
Kristen Nelson Petroleum News
ASRC Exploration LLC, AEX, has amended its June 11 third plan of development proposal for its North Slope Placer unit to include work accomplished under the second POD, which covers Sept. 9, 2017, to Sept. 8, 2018 (see story on plans proposed in third POD in July 1 issue of Petroleum News).
The July 2 amendment details work accomplished under the second POD which includes merging and reprocessing Tabasco 3-D data with portions of the WBA and Kookpuk survey data, with processing completed and work begun to interpret the data.
AEX is also working on mapping the extent of the Kuparuk C sands within Placer and estimates that preliminary interpretation from existing data will be completed before the end of the second POD in early September.
Kuparuk C reservoir studies, including modeling to determine the number and location of wells needed to produce the reservoir, are also part of the second POD, and AEX said that based in interpretation of results, it is “reviewing the potential for implementing hydraulic fracturing within the Kuparuk C.”
Facilities issues On facilities issues, AEX said it completed an initial surface facility study during the first POD, and based on results from that study, began a second surface facility cost study for new routing options. The company said it is looking at alternative routing to proposed processing facilities at Nanushuk (the Oil Search and Repsol development proposed for the area between the Kuparuk River and Colville River units), based on the environmental impact statement for that project, and is doing cost estimates of new pipeline and road routing alternatives.
AEX is also evaluating facility sharing opportunities for processing Placer oil through either the Southern Miluveach unit Mustang Operations Center or through facilities in the Kuparuk River unit. The company said it has a memorandum of understanding with Brooks Range Petroleum Corp. to revaluate use of the SMU Mustang production facilities and is in initial discussions with ConocoPhillips Alaska for a Kuparuk River unit facility sharing agreement.
AEX said it is in continuous discussions with BRPC on the status of the SMU Mustang facilities and has advanced KRU facility sharing negotiations with ConocoPhillips with a confidentiality agreement and meetings and has completed economic analysis for that alternative.
“AEX is currently in MOU negotiations with nearby operators regarding facility optimization for Placer development,” the company said.
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