At its Nov. 22 Investor Day in Sydney, Mark Ireland, Santos senior vice president subsurface and exploration for Alaska, said the Pikka Phase 1 project is now 30% complete, with five wells drilled and the second completion under way. Pikka Phase 1 is exploiting the heart of the Nanushuk 2 and 3 rese.
On Nov. 2 Santos subsidiary Oil Search (Alaska), as operator of the North Slope Pikka unit, filed a 2024 plan of development with the Alas-ka Department of Natural Resources. The POD was also submitted to Arctic Slope Regional Corp., since part of the Pikka acreage is on Native land; none is on fede.
In an Alaska Investor Visit from Sept. 17 through Sept. 19 that included a Pikka project site tour, 11 individuals representing major Australian shareholders and equity analysts made the trip. Officials from Santos and its local operating subsidiary Oil Search (Alaska) provided the visitors with a.
As Oil Search continues to move toward production at its Pikka unit on the North Slope, the company has applied to the Alaska Oil and Gas Conservation Commission for pool rules for the Nanushuk oil pool at Pikka.
Oil Search (Alaska) LLC, the Pikka unit operator, a subsidiary of Santos Ltd., submitt.