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Augusta-1 Exploration Well

Sector: Raw Materials • Location: South Prudhoe, Alaska, United States

Source: Investegate

Project
Planned

The Augusta-1 exploration well is a high-impact, multi-zone drilling project on Alaska's North Slope targeting the Ivishak and Kuparuk reservoirs with an estimated 64 million barrels of prospective oil resources. Planning and permitting are underway with three potential drilling locations to maximize flexibility. The project aims for a spud in Q1 2027, subject to securing funding through ongoing f

Status
Prospective
Sector
Raw Materials, Oil and Gas
Location
South Prudhoe, Alaska, United States of America
Updated
22 Jul 2026
Source
Investegate

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Project Information

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The project “Augusta-1 Exploration Well” is an infrastructure initiative in the Raw Materials sector, located in South Prudhoe, Alaska, United States. Taiyo aggregates data on it from Investegate.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Augusta-1 exploration well is a high-impact, multi-zone drilling project on Alaska's North Slope targeting the Ivishak and Kuparuk reservoirs with an estimated 64 million barrels of prospective oil resources. Planning and permitting are underway with three potential drilling locations to maximize flexibility. The project aims for a spud in Q1 2027, subject to securing funding through ongoing farm-out discussions.

Original sector

Energy

Location

Country

United States of America (USA)

State

Alaska

City

South Prudhoe

Source

Source

Investegate

URL

More Details

Record type

Project

Sector

Raw Materials, Oil and Gas

Article published date

2026-04-01

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