Editors note: This story first appeared in the Nov. 2, 2003, issue of Petroleum News.
Dallas-based Pioneer Natural Resources came to Alaska a year ago when it acquired 70% interest in 10 Armstrong Resources Beaufort Sea leases and took over as operator at the Northwest Kuparuk prospect (now the Ooog.
The state of Alaska approved formation of the Oooguruk unit effective July 11.
The 20,394 acre unit includes all of 11 leases and a portion of a 12th lease in Harrison Bay offshore Alaska