The King Street #1 well was drilled to a total depth of 10,241 feet. Hydrocarbons were found in two separate hydrocarbon zones at depths of 8,130 feet and 9,850 feet. Wireline evaluation, sidewall cores and MDT data from the well indicate pay in both lower and upper zones in high-quality late Cretaceous clastic reservoirs.
Further evaluation will be undertaken to determine the scope and focus of future appraisal drilling necessary to determine the size and extent of these discoveries, Armstrong said in an April 23 press release.
The Sockeye #1 well and the Voodoo #1 well were unable to reach their targeted depths due to a number of operational and weather-related challenges. Both wells were plugged before reaching the targeted formations as it was determined there would not be sufficient time to drill and evaluate prior to the end of the drilling season.
"Wildcatting is a challenging endeavor. The wells we drilled this year were located 70-90 miles east of older Brookian topset discoveries. Only two wells had ever been drilled on our 275,000-acre land position (one well/215 square miles)," Bill Armstrong, president of Armstrong Oil & Gas, said.
"Despite the lack of well control, our regional geologic studies indicated evidence for connectivity to a working petroleum system, and our objectives have potential for very favorable (porous and permeable) rock properties," he said.
"Additionally, the seismic geometries of our prospects looked similar to older Brookian topset discoveries. Our King Street discovery well proved all that to be accurate. - That said, we need to do a complete analysis of all the data accumulated this year. Operationally, this year proved to be quite difficult, and a late start to the drilling season coupled with multiple shutdowns due to high winds shortened the drilling window considerably preventing us from reaching the targeted formations at Sockeye and Voodoo. We will make the proper drilling adjustments and determine implications on future drilling seasons," Armstrong said.
"Any successful campaign on the North Slope is the result of extensive cooperation among local, State, and Federal stakeholders," he said.
"Armstrong would like to thank its partners in Lagniappe and all the agencies involved in the 2024 campaign that helped ensure safe operations. In particular, the support of the North Slope Borough, the State of Alaska, Department of Natural Resources' Division of Oil and Gas, and the Alaska Oil and Gas Conservation Commission were paramount to Lagniappe's progress in 2024," added Nathan Lowe, vice president, Armstrong Oil & Gas.
--Kay Cashman
See full story in April 28 issue of Petroleum News, available Thursday, April 25 at www.PetroleumNews.com.
