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  • Data analysis Armstrong Discovers Oil at Horseshoe-1 Well in Alaska

    Armstrong Energy has made oil discoveries at Horseshoe-1 and 1A wells in Alaska, onshore US.  The wells confirm the Nanushuk play as a significant emerging play in Alaska’s North Slope. The contingent resources identified with the existing data in Repsol and Armstrong Energy’s blocks in the...

    Armstrong Discovers Oil at Horseshoe-1 Well in AlaskaData analysis
    Headlines, Exploration

    Armstrong Energy has made oil discoveries at Horseshoe-1 and 1A wells in Alaska, onshore US.  

    The wells confirm the Nanushuk play as a significant emerging play in Alaska’s North Slope. The contingent resources identified with the existing data in Repsol and Armstrong Energy’s blocks in the Nanushuk play in Alaska could amount to approximately 1.2 Bbbl of recoverable light oil.

    The Horseshoe-1 discovery well was drilled to a total depth of 6,000 ft (1,828m) and encountered more than 150 ft of net oil pay in several reservoir zones in the Nanushuk section. The Horseshoe-1A sidetrack was drilled to a total depth of 8,215 ft and encountered more than 100 ft of net oil pay in the Nanushuk interval as well.

    The Horseshoe discovery extends the Nanushuk play more than 20 miles south of the existing discoveries achieved by Repsol and Armstrong in the same interval within the Pikka Unit during 2014 and 2015, where permitting for development activities are underway. Preliminary development concepts for Pikka anticipate first production there from 2021, with a potential rate approaching 120 Mbbl/d.

    Ownership of Horseshoe discovery: Armstrong (75%, operator) and Repsol (25%).

    View Repsol press release

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