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US: 88 Energy provides Umiat oil field update


US: 88 Energy provides Umiat oil field update
04 Aug 2021
Highlights
Further studies conducted in conjunction with the Merlin-1 post well testing and analysis have identified additional upside at the Umiat oil field.
Approval from BLM to defer Umiat Year 2 Unit well commitment by 24 months to 31 August 2023.
Deferral allows for optimisation of full field development plan, including evaluation of potential synergies with Project Peregrine plans.
Studies underway to review historical Umiat oil field development plans have identified potential cost savings on planned development CAPEX.
88 Energy has provided an update related to the
Umiat oil field, located on the North Slope of Alaska. ....

United States , North Slope Borough , Ryder Scott , Renaissance Umiat , Bureau Of Land Management , Linc Energy , Malamute Energy Inc , Energy Project Icewine , Umiat Oil Field Location , Umiat Oil Field , Emerald House , Umiat Year , Project Peregrine , North Slope , Oil Field , Umiat Unit Leases , Well Commitment , Land Management , Project Icewine , Purchase Agreement , Malamute Energy , ஒன்றுபட்டது மாநிலங்களில் , வடக்கு சாய்வு பெருநகர , ரைடர் ஸ்காட் , மறுமலர்ச்சி உமியத் , பணியகம் ஆஃப் நில மேலாண்மை ,

88 Energy reveals potential for Alaskan oil reservoir sands


ASX-listed 88 Energy appears to have detected additional upside at its Umiat oil field on the North Slope of Alaska, immediately south of its Project Peregrine where it recently spudded the Merlin-1 well. The company says that analysis of Umiat 3D seismic data, together with post-well testing of Merlin-1, has revealed potential for additional reservoir sands at Umiat.
88 Energy says it has identified potential for additional oil reservoir sands at its Umiat project in Alaska. Credit: File
ASX-listed 88 Energy appears to have detected additional upside at its Umiat oil field on the North Slope of Alaska, immediately south of its Project Peregrine where it recently spudded the Merlin-1 well. The company says that analysis of Umiat 3D seismic data, together with post-well testing of Merlin-1, has revealed potential for additional reservoir sands at Umiat. ....

United States , Bureau Of Land Management , Linc Energy , Malamute Energy , North Slope , Project Peregrine , Land Management , Renaissance Umiat , ஒன்றுபட்டது மாநிலங்களில் , பணியகம் ஆஃப் நில மேலாண்மை , லிங்க் ஆற்றல் , மலம்யூட்ஸ் ஆற்றல் , வடக்கு சாய்வு , ப்ராஜெக்ட் பெரிக்‌ரிந் , நில மேலாண்மை , மறுமலர்ச்சி உமியத் ,