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Pikka in play - August 08, 2021 - Petroleum News

Pikka in play - August 08, 2021 - Petroleum News
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Taking the kids: On a newly opened Cog Railway, one of only three in the U.S.

Taking the kids: On a newly opened Cog Railway, one of only three in the U.S.
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US: 88 Energy provides Umiat oil field update

US: 88 Energy provides Umiat oil field update
04 Aug 2021
Highlights
Further studies conducted in conjunction with the Merlin-1 post well testing and analysis have identified additional upside at the Umiat oil field.
Approval from BLM to defer Umiat Year 2 Unit well commitment by 24 months to 31 August 2023.
Deferral allows for optimisation of full field development plan, including evaluation of potential synergies with Project Peregrine plans.
Studies underway to review historical Umiat oil field development plans have identified potential cost savings on planned development CAPEX.
88 Energy has provided an update related to the
Umiat oil field, located on the North Slope of Alaska. ....

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88 Energy reveals potential for Alaskan oil reservoir sands

ASX-listed 88 Energy appears to have detected additional upside at its Umiat oil field on the North Slope of Alaska, immediately south of its Project Peregrine where it recently spudded the Merlin-1 well. The company says that analysis of Umiat 3D seismic data, together with post-well testing of Merlin-1, has revealed potential for additional reservoir sands at Umiat.
88 Energy says it has identified potential for additional oil reservoir sands at its Umiat project in Alaska. Credit: File
ASX-listed 88 Energy appears to have detected additional upside at its Umiat oil field on the North Slope of Alaska, immediately south of its Project Peregrine where it recently spudded the Merlin-1 well. The company says that analysis of Umiat 3D seismic data, together with post-well testing of Merlin-1, has revealed potential for additional reservoir sands at Umiat. ....

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US to Review Oil and Gas Leasing Program in Alaska Refuge

US to Review Oil and Gas Leasing Program in Alaska Refuge
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