Pikka development is expected to be the first project to start production from the Nanushuk reservoir in the North Slope of Alaska, US. The oil produced by the Nanushuk project will be delivered to the Trans-Alaska Pipeline System (TAPS) via the Kuparuk Sales Pipeline. See more The Pikka field was discovered by the Armstrong Energy and Repsol with the drilling of Qugruk 3 discovery well in 2013. The Qugruk 8 and Qugruk 301 wells, drilled in 2015, confirmed the reservoir productivity of … See more Armstrong Energy and Repsol submitted permit application for the Nanushuk project to the US Army Corps of Engineers (USACE) in June 2015. The USACE prepared the draft … See more Oil Search plans to initiate the Pikka Unit’s early production at a rate of 30,000bopd from the ND-B drill site in late 2024. The hydrocarbon fluids from the ND-B drilling pad will be … See more The Nanushuk project will target oil resources in the Alpine C and Nanushuk reservoirs in Alaska’s North Slope. The onshore oil field is planned to be developed with three … See more WebThe Transportation Development District Act of 1989 allows the creation of transportation improvement districts (TIDs) and transportation development districts (TDDs) (Stepanek …
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WebAug 17, 2024 · Pikka reserves have been estimated at 397 million b/o. The development is supported by the State of Alaska, the North Slope Borough, landowner company Kuupik Corp., and the Arctic Slope... WebMay 29, 2024 · The Pikka Development will generate jobs as well as tax, royalty and other revenues over its projected life, benefitting the State of Alaska as well as regional and local communities. The drilling and operations activities associated with the development alone are expected to support over 1,000 direct jobs. At its peak, project construction ... digital supply chain accenture
US: Oil Search plans selldown as Pikka Project enters FEED
WebMay 28, 2024 · the pikka development project details Located approximately 84km from Deadhorse, Alaska, the Pikka Development includes drilling of up to three sites for the … WebPikka is poised to play an important role in the energy transition and is aligned with our company goal of managing climate change risk. The Pikka Unit is one of the largest conventional oil discoveries made in the United States in the last 30 years, and the Pikka Phase 1 Project is the most significant development on Alaska's North Slope in ... WebFeb 23, 2024 · The Pikka project’s Phase 1 is expected to produce oil at a break-even supply cost of less than $40 per barrel Brent, which would include a 10% return, the … forslas racecourse