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Repsol makes the largest U.S. onshore oil discovery in 30 years
Press Release
09/03/2017 00:00
- The contingent resources currently identified in the Nanushuk play in Alaska amount to approximately 1.2 billion barrels of recoverable light oil.
- The Horseshoe wells extend by 20 miles (32 kilometers) a play already uncovered in previous campaigns in an area known as Pikka.
- Preliminary development concepts for Pikka anticipate first production there from 2021, with a potential rate approaching 120,000 barrels of oil per day.
- The Horseshoe-1 and Horseshoe-1A wells drilled in the 2016-2017 winter campaign confirm Nanushuk as a significant emerging play in Alaska’s North Slope.