North Slope Alaska, Interior Basins, ANWRġ993-1996 Gulf Coast Geoscience Production Mgr New Orleans, Louisiana Master of Science Northeast Louisiana University 1981ġ981-1983 Exxon Production USA Andrews, Texasġ983-1987 Exxon Production/Exploration Midland, Texasġ987-1991 Exxon Exploration Spvsr Houston Texasġ991-1993 Exxon Alaska Exploration Mgr Houston Texas It will also detail the components of the Pikka trap, reservoir and geophysical response of the reservoir.īachelor of Science University of Dayton 1979 This presentation will give a brief review of Armstrong’s exploration history and the concept that led to the discovery. These discoveries led the USGS to revise their assessment for undiscovered resources in the Nanushuk play to 1.75 to 21.9 BBO with a mean of 8.8 BBO. The Pikka discovery also established the Nanushuk Group as a new “world class” play and in 2017 ConocoPhillips announced the Willow Nanushuk discovery 30 miles to the west. A total of 14 delineation and appraisal wells have been drilled to date in the field. In 2017 Armstrong Energy drilled the Horseshoe #1 and 1A wells 22 miles south of the discovery well and confirmed super-giant status for Pikka Field. The primary reservoir for the Pikka Field discovery is the Cretaceous Nanushuk Group, a previously under explored interval that lies above the historically productive zones. Although the area was considered to be past its prime for exploration, in 2013 Armstrong/Repsol discovered the Pikka Field between two existing fields that were discovered in 19. 2001-Present Armstrong Oil and Gas VP of Geoscience Denver. The North Slope of Alaska is a very prolific petroleum producing province that contains North America’s largest oil field, Prudhoe Bay Field as well as a number of other giant to super-giant fields. The Pikka discovery also established the Nanushuk Group as a new world class play and in. Matt Furin, Jesse Sommer, Jeff Lyslo, Colby Vandenberg, and Kevin Dorrington of Armstrong Oil & Gas
How the Giant Pikka Field and World Class Nanushuk Play Lay Hidden Within the North Slope Basin OF Alaska Online & pre-registration closes Wednesday, January 23 at 5:00 AM Please cancel by phone or email within 24 hours before the event for a refund. You may walk up and pay at the door if extra seats are available. To guarantee a seat, you must pre-register on the HGS website and pre-pay with a credit card.
$35 for Emeritus/Life/Honorary $15 for HGS student members if pre-registered and pre-paid. Social 11:15 AM, Luncheon 11:30 AM- 1:00 PMĬost: $35 pre-registered members $40 for non-members/ALL walk-ups If you valet park we can give you a discount coupon, the Petroleum Club does NOT validate parking Last year, Oil Search announced plans to write off approximately $380m from some exploration assets and a gas-to-power project in PNG.1201 Louisiana Street, 35th floor, Houston, TX Wulff added: “These two activities are a critical part of our capital management strategy, which, combined with a strengthening energy demand outlook for projects with low breakevens and low emissions intensity, will provide confidence in our ability to make a final investment decision later this year.” It also seeks to secure project-level financing to fund at least 50% of the cost required for the Pikka Phase 1 project. Oil Search is also looking to divest 15% interest in the Pikka development area. “With confirmed 2C resources in Alaska of nearly a billion barrels of oil (gross) and further opportunity, we are exceedingly optimistic about Oil Search’s future in Alaska.” Oil Search leaders have said that global lenders are reluctant to finance new oil and gas projects in the Arctic, but they are still looking. Oil Search has laid all the gravel it needs for a first phase, awaiting company approval for a final decision on a 3 billion investment. “With an 80,000 bopd capacity, Phase 1 of the Pikka project will provide a revenue stream to help support further Alaskan development. A development plan for Pikka has completed the permitting phase. Oil Search managing director Keiran Wulff said: “Through FEED we expect to deliver a more detailed and robust project that further reduces risk and improves the project’s value.
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 company said. The company is also planning to commence detailed engineering and procurement for the Seawater Treatment Plant (STP), which will provide water to support the Pikka project reservoir waterflood. The first oil from the Pikka field is planned for 2025.
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