Pantheon Resources has provided an update on the Alkaid-2 well - the Company s first horizontal well on the Alaska North Slope. Pantheon is preparing to recommence long term production testing following cleanout of the sand blockage, which is scheduled to occur over the weekend.
At 498,184 barrels per day, Alaska North Slope production for December was up half a percent, 2,582 bpd, from a November average of 495,602 bpd, but down 1% from a December 2021 average of 503,128 bpd.
Crude oil accounted for 87.9% of December ANS production, 437,906 bpd, up 0.5%, 2,037 bpd, from a.