Escopeta Oil & Gas and BBI Inc. of Houston reported that they have received new seismic reprocessing results that show estimated recoverable reserves of 12 Tcf of natural gas near the East Forelands area of Alaska’s Cook Inlet Basin, at depths of 18,000 to 21,000 feet. The companies said known producing horizons in the same structural trend would likely recover 1.35 billion bbl of oil and an additional 6.1 Tcf of gas.
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Escopeta, BBI Locate 12 Tcf in Cook Inlet Basin
Escopeta Oil & Gas and BBI Inc. of Houston reported that they have received new seismic reprocessing results that show estimated recoverable reserves of 12 Tcf of natural gas near the East Forelands area of Alaska’s Cook Inlet Basin, at depths of 18,000 to 21,000 feet. The companies said known producing horizons in the same structural trend would likely recover 1.35 billion barrels of oil and an additional 6.1 Tcf of gas.
September 27, 2001