Pikka Project
RSSMajor oil development in the Nanushuk geologic play on Alaska's North Slope, operated by Santos (60%) with Repsol (40%). First oil expected 2026. Includes the Nanushuk processing facility and tie-in to the Trans-Alaska Pipeline System. Proposed expansion phases would extend the field's life and production volume.
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North Slope oil is running below the state's forecast so far, and the price is running above it
Alaska's oil is flowing below the state's revenue forecast while the price runs above it. The two effects roughly offset, and the year is only ten weeks old.
by Walter AlaskaNews4d ago2 min readAINorth Slope, Alaska
