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Tuesday, March 30, 2021 9:34:42 PM
The Umiat-23H well was flow tested at a sustained rate of 200 barrels per day with no water in 2014 by Linc Energy (max rate 800 barrels of oil per day)
Gross 2P reserves independently estimated at 123.7 million barrels of oil (94 million barrels attributable to 88E’s 76% net revenue interest) by Ryder Scott on 1 December 2015
The Umiat Oil Field is covered by two leases comprising 17,633 acres, which are in a unit that was formed in September 2019 with an initial 10 year term.
https://www.energy-pedia.com/news/usa/88-energy-acquires-umiat-oil-field--north-slope-of-alaska-181596
http://www.searchanddiscovery.com/abstracts/html/2009/arctic/abstracts/huckabay.htm
http://archives.datapages.com/data/rmag/GeoStudCordV2_82/molenaar.htm
A big North Slope oil field remains alive despite bankruptcy, isolation
https://www.arctictoday.com/a-big-north-slope-oil-field-remains-alive-despite-bankruptcy-isolation/
https://www.arctictoday.com/a-big-north-slope-oil-field-remains-alive-despite-bankruptcy-isolation/
This Experiment Could Mean Big Things for Oil in Alaska
"There’s big potential. One company thinks fracking could unlock 3.6 billion barrels of oil.
https://www.uschamber.com/series/above-the-fold/experiment-could-mean-big-things-oil-alaska
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