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88 Energy Selects Alaskan Well Site

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88 Energy has announced it has selected a location for its Merlin-2 appraisal well on Alaska’s North Slope.

The company said the well location is east and downdip of its successful Merlin-1 well. Drilling is scheduled to begin in February 2022, using the Arctic Fox rig it leased from Doyon Drilling in late October.

The Merlin-2 location was selected from three previously permitted locations and is expected to encounter thicker reservoir sections than Merlin-1. The company said in April that the Merlin-1 well had found oil in “multiple horizons”.

“The Merlin-2 appraisal well is planned for a total depth of 8,000 feet and is targeting 652 million barrels of oil in the highly prospective N18, N19 and N20 targets that were encountered in the successful Merlin-1 well (drilled in March 2021 to a depth of 5,267 feet), which demonstrated the presence of oil in these multiple stacked sequences in the Brookian Nanushuk Formation,” the company said.

For more information visit www.88energy.com