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Augusta-1 Well Project

Sector: Raw Materials • Location: Alaska, United States

Source: Bitget

Project
Planned

The Augusta-1 well is a targeted drilling project by 88 Energy focusing on the Ivishak and Kuparuk reservoirs near established fields and the Trans-Alaska Pipeline System (TAPS). It aims to reduce risk by leveraging existing infrastructure to quickly move to production if successful. The project targets an estimated 64 million barrels of gross unrisked prospective resources and plans to drill in Q

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Project Information

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

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Participants

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Status

Original status

planned

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Email

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Description

Description

The Augusta-1 well is a targeted drilling project by 88 Energy focusing on the Ivishak and Kuparuk reservoirs near established fields and the Trans-Alaska Pipeline System (TAPS). It aims to reduce risk by leveraging existing infrastructure to quickly move to production if successful. The project targets an estimated 64 million barrels of gross unrisked prospective resources and plans to drill in Q1 2027, with funding raised and a farm-out partner sought to share costs and risks.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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