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Providing coverage of Alaska and northern Canada's oil and gas industry
August 2025

Vol. 30, No.34 Week of August 24, 2025

Tiri-1 exploration well in works for winter 25/26, testing 26/27

Kay Cashman

Petroleum News

Captivate Energy Alaska Inc., a wholly owned subsidiary of 88 Energy Ltd., recently filed an application with the Alaska Department of Environmental Conservation for an Oil Discharge Prevention and Contingency Plan.

The onshore project area is within Captivate Energy's state of Alaska oil and gas Leonis lease where the company plans to drill, complete and suspend the Tiri-1 exploration well in the winter of 2025/2026.

The well test, consisting of fracturing with flow back, will be executed in winter 2026/2027.

Tiri-1 will be drilled to about 11,000 feet to sample and test stacked conventional objectives within the Schrader Bluff, Canning, Kuparuk and Ivishak formations.

Drilling logs and formation samples will be completed this coming winter starting in February, analyzed over the summer season and used to plan the formation testing to be done the following winter.

The Tiri-1 well site is approximately 10 miles southwest of Deadhorse and will be accessible via ice road or snow trail. It is on the North Slope of Alaska approximately 9 miles west of the trans-Alaska oil pipeline.

The well will be drilled from a 600-foot by 600-foot ice pad constructed each winter season that operations occur.

A temporary ice/snow road will connect the Captivate Pad, also known as the CEAINC Pad, to the Spine Road via Hilcorp's X-Pad access road, providing seasonal vehicle access.

All associated facilities to support this project are temporary and will include drilling camp facilities, drilling rig facilities, well test process facilities, and an operations support center.

Captivate has a 60-person fully supplied camp.

The company's Oil Discharge Prevention and Contingency Plan proposes to address a response planning standard of 82,500 barrels of oil based on the default value of 5,500 barrels of oil per day for a blowout lasting 15 days. The primary goal of the plan is to provide for the safety of personnel during drilling and prevent and plan for the response to a hydrocarbon release or other type of fluid spill and minimize potential environmental impacts

The public comment period ends on Sept. 11.

The application was signed by Ashley Gilbert, managing director of 88 Energy and Anchorage-based Captivate Energy.

Added acreage

At the state's December 2024 North Slope areawide lease sale Captivate was high bidder on four tracts adjacent to its existing Leonis lease, some 10,203 acres, for $280,582.

The new acreage is west of the Dalton Highway and south of giant Prudhoe Bay field.

--KAY CASHMAN






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