88 Energy discovers a second light oil reservoir with 50 bopd peak flow rate at Hickory-1 in its Phoenix project, Alaska.
88 Energy announces a second light oil discovery at Hickory-1, with a peak flow rate of 50 bopd from the SMD-B reservoir at its Phoenix project in Alaska. The SMD-B discovery follows the previous 70 bopd flow from the Upper Slope Fan System (USFS) reservoir. The company reports little to no measurable associated gas flow, and the flow tests highlight the quality and deliverability of both reservoirs for surface oil production.
April 15, 2024
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