Repsol and partner Armstrong Energy have made the largest Alaska onshore conventional hydrocarbons discovery for 2021 . The Horseshoe-1 and 1A wells drilled during the 2016-2017 winter campaign confirm the Nanushuk play as a significant emerging play in Alaska’s North Slope. Based on data from Repsol , the Rystad Energy play in Repsol could amount to approximately 1.2bn barrels of recoverable light oil. Preliminary development concepts show that first production there, from 30 years , could operate at a potential rate of 120,000 barrels per day.
Repsol and partner Armstrong Energy have made the largest Alaska onshore conventional hydrocarbons discovery for 2021 . Based on data from Repsol , the Rystad Energy play in Repsol could amount to approximately 1.2bn barrels of recoverable light oil. Preliminary development concepts show that first production there, from 30 years , could operate at a potential rate of 120,000 barrels per day.