Bruce Dingeman News Today

Phase one of the Pikka project on Alaska

At its Nov. 22 Investor Day in Sydney, Mark Ireland, Santos senior vice president subsurface and exploration for Alaska, said the Pikka Phase 1 project is now 30% complete, with five wells drilled and the second completion under way. Pikka Phase 1 is exploiting the heart of the Nanushuk 2 and 3 rese...

In an "Alaska Investor Visit" from Sept. 17 through Sept. 19 that included a Pikka project site tour, 11 individuals representing major Australian shareholders and equity analysts made the trip. Officials from Santos and its local operating subsidiary Oil Search (Alaska) provided the visitors with a...

The Pikka Phase 1 project on Alaska

‘Apprentice programs to start in July’

Oil Search has applied to the Alaska Division of Oil and Gas to form the Quokka unit in an area where there have been a number of discoveries, most recently Mitquq, drilled in 2020. Quokka is east of Pikka, and like that unit, the primary focus is the Nanushuk. The application, signed by Bruce Din...

Providing coverage of Alaska and northern Canadas oil and gas industry Oil Search endures Kay Cashman Petroleum News Despite what hindsight might show to be an unwise decision, Oil Search Ltd.’s board quickly accepted the resignation of its top executive Keiran Wulff, creating worries about the future of the big North Slope Pikka development and further opportunity for regional competitor and shareholder Santos to take over the company - and Pikka - at an undervalued price. However, despite ...

How COVID-19 Prompted Oil Search to Pivot at Pikka Formed nearly a century ago, Papua New Guinea-based Oil Search entered Alaska’s oil and gas scene in 2018 with a $400 million purchase of North Slope oil leases from Armstrong Energy and GMT Exploration. The purchase included interests in the Nanushuk oil field in the Pikka Unit, one of the largest conventional US oil discoveries in thirty years, and the Horseshoe block. “We entered into Alaska for new growth and to diversify our operations...

US: Oil Search plans selldown as Pikka Project enters FEED 23 Feb 2021 FEED entry for Phase 1 of the Pikka project on Alaskas North Slope. Phase 1 will include a single drill site and a production facility with 80,000 barrels of oil per day (bopd) capacity. This is an exciting and critical step toward delivering production and revenue from Oil Search’s Alaska assets. Phase 1 FEED scope focused on delivering 80,000 bopd starting in 2025 Front-end engineering and design (FEED) will consist of f...