Caelus Energy makes world-class find on Alaska's North Slope

摘要

The world's supply of oil is expected to increase as a result of Caelus Energy Alaska LLC's recently announced North Slope light oil discovery, estimated to hold at least 6 billion barrels (Bbbl) of oil in place. Targeting a Brookian submarine fan complex that covers more than 300 square miles, the Caelus-Tulimaniq #1 exploration well and Caelus-Tulimaniq #2 stepout each hit hydrocarbon columns of more than 1,000 feet, logging 183 feet and 223 feet of net pay, respectively, Dallas-based Caelus Energy said.