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.
On Nov. 2 Oil Search Alaska, or OSA, filed the 2022 Pikka unit plan of development for the one year-period beginning Feb. 1, 2022, with the Alaska Department of Natural Resources and its Division of Oil and Gas.
Based upon work conducted under previous Pikka unit exploration and development plans, i.