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Tuesday, October 13, 2015

Random Update On Kuparuk River Oil Field, North Slope, Alaska -- October 13, 2015

From wiki:
The Kuparuk River Oil Field, or Kuparuk, located in North Slope Borough, Alaska, United States, is the second largest oil field in North America by area.
It produces approximately 230,000 barrels per day of oil and is estimated to have 2 billion barrels of recoverable oil reserves.
Kuparuk was discovered by Sinclair Oil in April 1969 at the Ugnu Number 1 well, named for the nearby Ugnuravik River. Oil was found in the Kuparuk sandstone on the Colville structure. Production was first announced by ARCO in 1979 and planned to start in 1982. Production actually began December 13, 1981, on five small gravel drilling pads. Production was expected to peak in 1986 at 250,000 barrels per day, but did not peak until 1992 at 322,000 barrels per day.
Today Oil & Gas Journal announced:
ConocoPhillips Alaska Inc. has started oil production from its Kuparuk drill site on Alaska’s North Slope (ANS). Known as Kuparuk Drill Site 2S, or DS2S, the project is expected to add 8,000 bopd gross at peak production
The project includes 14 development wells, a gravel road, a drilling pad capable of handling 24 wells, power lines, pipelines, and other surface facilities. The drill site is in the southwestern section of Kuparuk field.
Let's see: 8,000 bopd / 14 development wells = 571 bopd/well
Or, 8,000 bopd / 24 wells = 333 bopd/well 

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