Alaska Crude applies to reenter, test well

Petroleum News Alaska Staff

The Alaska Oil and Gas Conservation Commission said Feb. 14 that Alaska Crude Corp. has applied for a spacing acceptation to allow it to reenter and test the Moose Point Unit No. 1 exploratory gas well. The surface location of the vertical well is 2,124 feet from the east line and 2,512 feet from the north line of section 14, township 9 north, range 9 west, Seward Meridian.

The well falls within 1,500 feet of a property line, hence the application for the spacing exception. The commission said it has tentatively scheduled a public hearing for March 18, but if it receives no requests to hold the hearing, it will consider making a decision on the application without a hearing.

The Moose Point well, some 25 miles northeast of Kenai, was drilled in early 1978 by Amarex Inc. The well was had a total depth of 10,058 feet. It was logged and drill stem tests were run. The well was suspended in March 1978 and plugged and abandoned a year later.

The Moose Point well is north of the Birch Hill gas field on a 4,800-acre lease for which Richard E. Wagner paid $5.01 an acre in the 2001 Cook Inlet areawide lease sale.