Badami Oil Field Explained

Badami oil field
Location Map:Alaska
Location Map Text:Badami oil field's location in Alaska
Coordinates:70.1511°N -147.0967°W
Relief:yes
Region:Alaska North Slope
Country:United States
Offonshore:Offshore and onshore
Operator:Savant Alaska LLC
Discovery:Conoco Badami 1 well, March 7, 1990
Startofproduction:1998
Producingformations:Canning Formation

The Badami oil field is an oil field in the Alaska North Slope. The field is about 35miles east of Prudhoe Bay and about 30miles west of the western border of the Arctic National Wildlife Refuge 1002 Area. Badami was discovered by Conoco in 1990 at the Badami Number 1 well. The Badami pipeline was constructed to connect the field with the Trans-Alaska Pipeline System, more than 30miles away. The oil field is described as a complex and discontinuous reservoir containing heavy weight oil gravity ranging from 21 to 30 degrees API.[1] Initial cost of development was approximately $300 million.[2]

BPXA began production in 1998, but production was suspended in August 2003. BP cited the field's poor performance producing only 1350oilbbl/d saying it was not sufficient to offset costs. Production resumed in September 2005 on 6 month production and 6 month recharge cycles using technique's BP developed specifically for Badami.[3]

Landing strip

Badami has a 5100feet x 75feet landing strip located at the oil field near the Badami Central Processing Unit. There is also a dock along the shoreline nearby.

Savant takeover

In 2010 due to poor oil production and reservoir complications BP sold the field to Savant Alaska LLC,[4] a Denver-based private company. Miller Energy Resources, Inc. acquired Savant Alaska in February 2015.[5]

See also

External links

Notes and References

  1. http://www.state.ak.us/local/akpages/ADMIN/ogc/annual/2004/Oil_Pools/Badami,%20Badami-Oil/1_Oil_1.htm AOGCC Pool Statistics - Badami Unit, Badami Oil Pool
  2. Petroleum News. State approves BP’s request to mothball Badami for two years. June 13, 2003.
  3. Petroleum News. BP to shut down Badami for recharge.p.5. August 26, 2007.
  4. https://www.savantalaska.com
  5. http://www.millerenergyresources.com/news-media/press-releases/detail/64/miller-energy-resources-to-acquire-savant-alaska-llc