West Sak is a large, shallow, viscous oil reservoir within the Kuparuk River Unit. West Sak contains eight billion barrels of oil in place; however, the nature of the oil and its reservoir makes the extraction of crude very difficult. The field began producing in 1997. Over 100 oil producers and water injection wells have been drilled to date.Previous estimates of the recoverable reserves were as low as 35 million barrels. With the sanctioning of a larger scale development by the joint ...
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Lower oil prices and a call for increased returns from shareholders has caused a subtle shift to occur in the upstream oil and gas industry. This shift is increasing investment opportunities and driving capital discipline.
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Asset report | Apr 2015
West Sak (Kuparuk River Unit)
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