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Quokka Oil Development Project

Sector: Water Supply and Storage • Location: Alaska, United States

Source: Market Screener

Project
Planned

Santos has made a new oil discovery at the Quokka-1 appraisal well in Alaska's Nanushuk formation. The well encountered a high-quality reservoir with 143 feet of net oil pay and achieved an initial flow rate of 2,190 barrels of oil per day. Santos owns 51% of the Quokka Unit, with Repsol owning the rest. Development planning has begun, including efforts to obtain permits. The project is strategica

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The project “Quokka Oil Development Project” is an infrastructure initiative in the Water Supply and Storage sector, located in Alaska, United States. Taiyo aggregates data on it from Market Screener.

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Participants

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Original status

planned

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Description

Description

Santos has made a new oil discovery at the Quokka-1 appraisal well in Alaska's Nanushuk formation. The well encountered a high-quality reservoir with 143 feet of net oil pay and achieved an initial flow rate of 2,190 barrels of oil per day. Santos owns 51% of the Quokka Unit, with Repsol owning the rest. Development planning has begun, including efforts to obtain permits. The project is strategically located east of the Pikka Phase 1 development and is expected to extend Santos' development runway in Alaska for years to come.

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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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