Oooguruk production begins

Production has begun from the Oooguruk Unit on the North Slope in Alaska, according to Pioneer Natural Resources Co.

Offshore Staff

DALLAS -- Production has begun from the Oooguruk Unit on the North Slope in Alaska, according to Pioneer Natural Resources Co.

The company anticipates peak gross production in 2010 of 15,000 to 20,000 b/d of oil from approximately 40 development wells (approximately half of the wells will be production wells and half will be injection wells). These wells are expected to be drilled over the next three years. The gross oil resource potential from these base development wells is as much as 90 MMbbl, before expansion opportunities, Pioneer says. The field life is expected to be 25 to 30 years.

In commissioning the system and evaluating initial production data, Pioneer expects to initially produce 2,000 to 3,000 gross b/d of oil from Oooguruk. Production is expected to be shut in for approximately 45 days this summer for scheduled maintenance on the onshore third-party processing facility. Thereafter, production will be reinitiated and is expected to rise as additional wells are brought online.

06/10/2008

More in Production