With commercial viability undetermined, Caelus moving ahead with Nuna plans

Work will proceed on Caelus Energy Alaska’s Nuna project in anticipation of project sanction, according to the company’s latest plan of development for the Oooguruk field, offshore the North Slope. The plan, which covers the period Aug. 31 to Aug. 30, 2015, and was filed with Alaska’s Division of Oil and Gas on June 2, says that work will continue on onshore drill sites, roads and flowline designs, and on the integration of the Nuna development with existing Oooguruk and Kuparuk River unit facilities.

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Explorers 2014: Caelus Energy takes over Pioneer assets in Alaska

As its name implies, Pioneer Natural Resources Inc. has led trends.

The Texas-based independent arrived in Alaska in the early 2000s determined to bring a leaner and more agile approach to resource development in the Arctic. The mid-sized company had recently accomplished as much in the U.S. Gulf of Mexico and saw an opportunity to tackle another tough but rewarding domestic basin: the North Slope.

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