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BRPC withdraws Greater Bullen application
Brooks Range Petroleum Corp. has voluntarily withdrawn its application to form a unit on the eastern North Slope and surrendered half of the acreage associated with it.
The local independent told the Division of Oil and Gas on Sept. 23 of its decision not to form the Greater Bullen unit over 68 State of Alaska leases in the area between the Badami and Point Thomson units. The division accepted the withdrawal several days later.
“We voluntarily surrendered about 100,000 acres, but some of that is to Anadarko Petroleum,” BRPC executive Jim Winegarner told Petroleum News on Oct. 12.
The unit would have covered some 200,058 acres on the eastern North Slope.
“The Division will make every effort to include the surrendered state oil and gas leases in the next areawide North Slope lease sale currently scheduled for Dec. 7,” division Director Bill Barron wrote to the company in a Sept. 26 letter accepting the withdrawal.
Telemark proposal In its unit application earlier this year, BRPC proposed the Telemark Development Project to target a Brookian-age reservoir in the Flaxman sand that would justify standalone production facilities in the region and a multiyear exploration program, but that program depended on confirmation of the reservoir by a seismic program and an exploration well, and sanctioning by the working interest owners, Winegarner said.
Of the three unit applications BRPC filed this year, the Greater Bullen proposed was based on the least amount of previous exploration work. The company and its joint venture partners have not previously drilled or acquired seismic in the area.
BRPC is the local operating arm of Kansas-based Alaska Venture Capital Group.
—Eric Lidji
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