No new drilling planned at Nikolaevsk

Kristen Nelson

Petroleum News

Hilcorp Alaska has submitted a 13th plan of development for the Nikolaevsk unit to the Alaska Department of Natural Resources’ Division of Oil and Gas.

The small unit, with one producing gas well, is on the southern Kenai Peninsula, inland from Cosmopolitan and northeast of North Fork.

Hilcorp said that during calendar year 2019 natural gas production from the Red No. 1 well averaged 476 thousand cubic feet per day, with total production for the year 174 million cubic feet.

The company did not do any development projects at the unit during the 2019 POD, which covered Aug. 1, 2019, through July 30, 2020.

For the 2020 POD, Aug. 1, 2020, through July 30, 2021, Hilcorp plans no long-range development activities and no exploration or delineation activities.

The company said it anticipates continued gas production from the Red No. 1, and “will evaluate and execute well work opportunities as they arise.”

- KRISTEN NELSON