Oooguruk oil goes to market

Tue, June 10, 2008
Posted in Alaska News

Pioneer Natural Resources Company has brought a near-shore oil production unit on line. Pioneer spokesman Tadd Owens says the first barrel from the Oooguruk facility was sold yesterday. The unit lies northwest of the Kuparuk river, inside the barrier islands of the Beaufort sea. Owens says Pioneer is the first independent to bring new operations on line and they did it quickly — from exploration to production took only 5 years. He says the plan is for 40 wells to be on line within 3 years.

Lori Townsend, APRN – Anchorage