The USACE published the final EIS for the project in November 2018. Oil Search became the operator of the Nanushuk development, after completing the purchase of 25.5% interest in the Pikka Unit, 37.5% interest in the Horseshoe Block, and 37.5% interest in the Hue Shale on Alaska’s North Slope, from Armstrong Energy for £286m ($400m) in February 2018. The USACE prepared the draft environmental impact study (EIS) for the project by September 2017.
The other major discovery in the Nanushuk play is the Willow discovery announced by ConocoPhillips in January 2017.Īrmstrong Energy and Repsol submitted permit application for the Nanushuk project to the US Army Corps of Engineers (USACE) in June 2015. The Horseshoe-1 and Horseshoe-1A wells drilled between 20 confirmed Nanushuk as a promising oil play containing more than 1.2 billion barrels of recoverable oil. The Qugruk 8 and Qugruk 301 wells, drilled in 2015, confirmed the reservoir productivity of Nanushuk.Īrmstrong and Repsol reported the Horseshoe discovery 32km south of Pikka in March 2017, after drilling 13 exploration and appraisal wells within the Pikka area on the North Slope. The Pikka field was discovered by the Armstrong Energy and Repsol with the drilling of Qugruk 3 discovery well in 2013.
#Pikka upgrades full#
The Pikka development is expected to produce 30,000 barrels of oil per day (bopd) in its early production phase starting from 2022 and achieve its design output of 120,000bopd upon full development in 2025. Front-end engineering and design (FEED) activities were started in early 2020, while a final investment decision (FID) on the project is expected in the second half of 2020.
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