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Cook Inlet Oil and Gas Activity
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  1. Cook Inlet Oil and Gas Activity Division of Oil and Gas 550 W. 7th Ave., Ste. 1100 Anchorage, AK 99501 907-269-8800 http://dog.dnr.alaska.gov William Barron, Director Alaska Division of Oil and Gas

  2. Areawide lease sales tentatively scheduled for May 2014, encompassing approximately 4 million acres in Cook Inlet and 5.8 million acres in the Alaska Peninsula. Division of Oil and Gas • Number of leases sold • 2012: 41 • 2013: 24 • Key bidders • Cook Inlet Energy • Hilcorp Alaska, LLC • Apache Alaska Corporation • Aurora Gas, LLC • NordAq Energy Inc. Division of Oil and Gas 550 W. 7th Ave., Ste. 1100 Anchorage, AK 99501 907-269-8800 http://dog.dnr.alaska.gov

  3. Furie Plan to install gas production platform next year and moving gas onshore by fourth quarter 2014; suspended drilling of Kitchen Lights Unit No. 4 well for winter and will re-enter next year; Spartan 151 jack-up moved to Port Graham for winter. Division of Oil and Gas 550 W. 7th Ave., Ste. 1100 Anchorage, AK 99501 907-269-8800 http://dog.dnr.alaska.gov

  4. Expanding production at many legacy fields. Hilcorp Division of Oil and Gas 550 W. 7th Ave., Ste. 1100 Anchorage, AK 99501 907-269-8800 http://dog.dnr.alaska.gov

  5. Division of Oil and Gas 550 W. 7th Ave., Ste. 1100 Anchorage, AK 99501 907-269-8800 http://dog.dnr.alaska.gov Buccaneer/BlueCrest Drilled Cosmopolitan State No. 1 from Endeavor jack-up; tested two TyonekFm gas zones and encountered Lower Tyonek oil sands shallower than penetrated in previous wells on prospect.

  6. Cook Inlet Energy Acquiring North Fork field from Armstrong; transaction expected to close in first quarter 2014. Division of Oil and Gas 550 W. 7th Ave., Ste. 1100 Anchorage, AK 99501 907-269-8800 http://dog.dnr.alaska.gov

  7. Cook Inlet Energy Completed Sword No. 1 exploratory well, testing 882 BOEPD from Hemlock Fm oil zone and shallower Tyonek gas sands. Plan to drill four sidetracks from wells with collapsed casing at Redoubt Unit. Division of Oil and Gas 550 W. 7th Ave., Ste. 1100 Anchorage, AK 99501 907-269-8800 http://dog.dnr.alaska.gov

  8. Conclusion… State commitment has stimulated industry interest, leading to: • Utility gas market satisfied, at present • Oil production up • Rig activity up • Infrastructure still needed for future west side activity Division of Oil and Gas 550 W. 7th Ave., Ste. 1100 Anchorage, AK 99501 907-269-8800 http://dog.dnr.alaska.gov