WebMar 21, 2024 · The Pikka field is located on the Alaska North Slope and is operated by Australian-based Santos who merged with the previous operator Oil Search in December 2024. Pikka was discovered in 2013. Appraisal work was undertaken in 2024 and 2024 that increased the potential resource past the original 500 mmbbls to 768 mmbbls. WebJun 15, 2024 · North Alaska Super Basin oil fields have produced more than 18 billion bbl of oil with at least 5 billion bbl remaining in existing fields, and estimated yet-to-find resources exceed 10 billion bbl in three prolific petroleum systems.
Santos takes FID to advance Alaska Pikka oil project
WebAug 10, 2024 · Analysts weigh in on Pikka after merger. A drilling rig is seen working at the Pikka prospect on the North Slope. (Photo/Judy Patrick) Most people in Alaska would have paid little attention to last week’s announcement that two Australia-listed, publicly traded oil and gas corporations were going to become one, the combined company … WebAug 4, 2024 · The Australian oil company acquired Papua New Guinea-based Oil Search in December, including its Alaska headquarters in the former BP building in Anchorage and a 51 percent stake in Pikka, a promising North Slope prospect west of ConocoPhillips’ Kuparuk unit. The other 49 percent belongs to Spanish oil company Repsol. ottawa attractions
Repsol Predicts First Oil from Pikka Project in 2026
Web(Pikka is a conventional oil play with a greenhouse gas emissions intensity approximately 75% lower than the current North Slope average, per Wood Mackenzie’s Emissions Benchmarking Tool.) Santos has not previously expressed an intertest in Alaska and has always taken pride in the fact it a major player in the Australia region. WebAug 17, 2024 · Pikka, co-owned by Spain's Repsol SA , was an "outstanding project", forecasting a strong 19% internal rate of return based on an oil price of $60 a barrel, he … WebNov 19, 2024 · Oil Search is now looking to target first oil from the Alaskan oil project in 2025 with an initial investment of under $3bn. The project involves development of the … rockstar mp3 download dababy