Cook Inlet Basin Overview and Characterization slide image

Cook Inlet Basin Overview and Characterization

BlueCrest Energy Cosmopolitan Unit Development Concept: Separate Gas Field and Oil Field Future Offshore: Tyonek gas sands are too shallow to be reached from onshore wells. Dry gas production wells drilled into gas reservoirs and water injection wells into oil reservoirs to improve oil recovery. No offshore oil production. Additional Tyonek Gas Reserves: 234 BCF Proved-Undeveloped ("PUD") Plus large "Probable" and "Possible" (Ryder Scott engineering firm 2015-2021) Ongoing Oil: "Proved" - Partially Developed "Extended-Reach" oil wells drilled safely from onshore produce the deeper offshore oil with no danger of an offshore oil spill. Onshore Drilling/production Facility Subsea Pipeline Bundle: Dry gas to shore and water to platform Gas production wells Water Injection wells Dry Gas Reservoirs Oil Reservoirs "Fishbone" oil production wells Drilled from onshore
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