Nikaitchuq

Nikaitchuq Oil and Gas Field Profile

Location

The Nikaitchuq Oil and Gas Field is located on the North Slope of Alaska, United States. Specifically, it is situated in the North Slope Unit, north of the Kuparuk River Unit (KRU), with coordinates 70.5581, -149.9417 (WGS 84).

Operator and Ownership

The field is operated by Eni US Operating Company Inc., a subsidiary of Eni S.p.A., which is the sole owner of the field.

Discovery and Production

• The Nikaitchuq Oil and Gas Field was discovered in 2004.
• Production began in 2011.

Production Details

• Peak Production: The field is expected to produce for over 30 years, with a peak production rate of 28,000 barrels of oil per day.
• Current Production:
  • As of 2020, the field produced 6.56 million barrels of oil per year and 25.56 million cubic meters of gas per year.
  • As of 2022, the production figures were 5.94 million barrels of oil per year and 29.31 million cubic meters of gas per year.
• Reserves: The field has oil reserves estimated at 220 million barrels.

Field Characteristics

• Type: The Nikaitchuq Unit (Schrader Bluff) is classified as a heavy oil field.
• Water Depth: The field is located in shallow water with a depth of approximately 3 meters.
• Blocks: The field spans across blocks ADL 390615, ADL 390616, and ADL 391283.

Production Lifecycle

• The field has recovered 45.52% of its total recoverable reserves as of the last available data.
• Based on economic assumptions, production is expected to continue until the field reaches its economic limit in 2090.

Development

• The full development of the Nikaitchuq field involves several phases, with the initial production starting in 2011 and expected to last for over 30 years.

Regulatory and Administrative

• The Nikaitchuq Unit was formed effective April 29, 2004, and has undergone expansions and adjustments, such as the first expansion approved in 2007.