ARCO, Exxon, Mobil, Phillips Announce Aurora Discovery in Prudhoe Bay Area

abarrelfullabarrelfull wrote on 08 Aug 2012 14:10
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23 March 1999
ARCO Alaska, Inc., Exxon Company USA, Mobil Alaska E&P Inc., and Phillips Petroleum Company today announced the discovery of a new Prudhoe Bay satellite field. Prudhoe Bay satellites are oil and gas accumulations in or around the Prudhoe Bay field that are not part of the main reservoir.

The V-200 well encountered a 58-foot vertical section of oil-bearing sand in the Kuparuk formation. This Kuparuk accumulation, which will be named the Aurora field, tested over 1900 barrels per day of 30 degree API gravity oil and 1.3 million standard cubic feet of gas per day. The discovery well is located on a lease in which ARCO and Exxon each own a 50% interest.

The accumulation is estimated to contain 20 to 35 million recoverable barrels of oil, including adjacent leases held by ARCO, Exxon, Mobil and Phillips. Plans for additional appraisal activities at Aurora during 1999 are being evaluated.

The Aurora field extends the recent string of successful Prudhoe Bay satellite discoveries. Eight other wells were drilled within the past 18 months to discover and delineate the nearby Midnight Sun, Sambuca, Northwest Eileen Kuparuk, and S- and W-Pad Schrader Bluff satellites.


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