New well possible at Hilcorp's Deep Creek

Kristen Nelson

Petroleum News

Hilcorp Alaska is looking at the possibility of a new well at its Deep Creek gas field on the Kenai Peninsula, the company told the Alaska Department of Natural Resources' Division of Oil and Gas in the 21st plan of development for the unit, filed May 1, and covering Aug. 1 through July 31, 2025.

Alaska Oil and Gas Conservation Commission production data for March show Deep Creek averaging 3.4 million cubic feet of gas per day, 1.7% of inlet production in that month, with seven wells in production from two pads.

Deep Creek produces from the Happy Valley participating area, which averaged 3.23 million cubic feet per day in 2023, Hilcorp said, and from tract operations, which averaged 0.538 million cubic feet per day in 2023. Combined, that production totaled 1.37 billion cubic feet in 2023.

Hilcorp said that during the 2023 POD period wellwork projects were:

*Perforations added in January 2024 to Upper Tyonek T-1, T-2 and T-6 intervals in the HVB-12 well, resulting in a rate gain of some 100 thousand cubic feet per day;

*Perforations added in January 2024 to Upper Tyonek T-1, T-2 and T-6 intervals in the HVB-16A well, resulting in a rate gain of some 200 mcf per day; and

*Perforations added in January 2024 to Upper Tyonek T2, T-6 and T-7 intervals in the HVB-17, resulting in no additional rate.

For the 2024 POD, the company said it would "evaluate and execute additional well work opportunities as they arise."

Hilcorp plans reservoir field studies for the spring and summer of 2024, and pending results of those studies, could potentially drill one grassroots well during the 2024 POD period.

--KRISTEN NELSON