Providing coverage of Alaska and northern Canada s oil and gas industry
Conveyor belt of prospects
Kay Cashman
Petroleum News
Earlier this month Oil Search Alaska COO Matt Elmer said Alaska offers his company a conveyor belt of opportunities from west to east across the North Slope. The third largest leaseholder in the state, Oil Search drilled four new wells in the two and a half years since it became a North Slope operator, increasing its contingent oil reserves from approximately 500 million to 1 billion barrels.
Pikkas just the start. We have a number of opportunities to develop after Pikka from the western to the eastern North Slope, Elmer said in his early December presentation to a virtual meeting of the Resource Development Council in Anchorage.