Oil, Gas and Consumable Fuels
Company Overview of Cook Inlet Energy, LLC
Cook Inlet Energy, LLC provides oil and gas extraction services. The company was incorporated in 2009 and is based in Anchorage, Alaska. Cook Inlet Energy, LLC operates as a subsidiary of Miller Energy Resources, Inc.
310 K Street
Anchorage, AK 99501
Founded in 2009
Key Executives for Cook Inlet Energy, LLC
Vice President and Drilling Manager
Compensation as of Fiscal Year 2014.
Cook Inlet Energy, LLC Key Developments
Cook Inlet Energy, LLC Enters into Trans-Foreland Pipeline Development Agreement
Feb 12 14
Cook Inlet Energy, LLC entered into the Trans-Foreland Pipeline Development Agreement with Tesoro Alaska Company and Trans-Foreland Pipeline Company, LLC. The parties have agreed to give the Agreement an effective date as of January 1, 2014. The Agreement allows for the construction of the Trans-Foreland Pipeline to connect the Kustatan Production Facility on the west side of the Cook Inlet to the Kenai Pipe Line Company tank farm on the east side (the "Project"). Under the terms of the Agreement, TFPC shall fund, plan, construct, own and operate the Project, which CIE will agree to use to meet its transportation needs for its crude oil at a rate determined in accordance with the Agreement.
Miller Energy Resources, Inc. and Cook Inlet Energy, LLC Announce RU-1A Initial Production
Aug 26 13
Miller Energy Resources, Inc. and its wholly owned Alaskan operating subsidiary, Cook Inlet Energy, LLC announced that the company's RU-1 sidetrack (RU-1A) was completed and brought online on August 17, 2013. The newly completed well has displayed an initial production (IP) rate of over 700 barrels of oil per day (bopd) and an approximate water cut of 5% measured using an allocation method of tank volume increases. CIE is producing the RU-1A well at a reduced rate while the team conducts formation analysis. The company plans to adjust the pumping speed and will increase production accordingly in order to preserve reservoir integrity and maintain optimal reservoir pressure. The company's RU-1A sidetrack twinned the original RU-1 and was drilled to a final measured depth of approximate 15,050 feet. The RU-1A encountered oil throughout the entire prolific Hemlock formation as well as the top of West Foreland formation. The completion of the RU1-A has provided approximately 455 gross feet of perforations and the company's Rig-35 has been moved to their RU-5 well location where the drilling program to sidetrack that well is underway. Miller's RU-5 plans provide for similar drilling and completion to those employed on RU-1A and RU-2A.
Miller Energy Resources, Inc. Provides Drilling Update
Aug 5 13
Miller Energy Resources, Inc. and its wholly owned Alaskan operating subsidiary, Cook Inlet Energy (CIE) have announced that all three drilling operations in Alaska are on schedule. The RU-1 sidetrack (RU-1A) has been drilled to total depth (TD) and is ready for completion while the Sword # 1 well and Olson Creek # 1 well drilling operations are both approximately half way through. Miller's RU-1A well has been drilled to a final measured depth of approximate 15,050' and after reaching TD the Company has set and cemented the final 5.5" casing string in place. Well log analysis reflects oil shows throughout the entire Hemlock and upper portion of the West Foreland formation. RU-1A penetrated the top of the Hemlock 12 feet structurally higher than the RU-1 well and shows an overall increase in permeability, porosity and resistivity. The well is scheduled to be perforated over a 455 foot section up-dip to perforations of RU-1 and will eliminate the obstructions that remained in the original wellbore providing an unrestricted flow path from the formation to the surface. The Company expects to change the wellbore fluid and filtering, perforate and run the completion over the next week at which time production will be brought online. Miller will announce initial production (IP) rates soon after the production has stabilized. The Sword #1 well has been drilled more than half way to TD or approximately 10,156' and the Company has set and cemented in place a 9-5/8" casing string. Third party well log analysis has produced a significant gas hydrocarbon show in a sand section covering a 200 foot interval from a measured depth of 8,268 feet with over 600 units of gas. The rig crew working the well is currently switching from water based drilling mud to oil based and will resume drilling shortly. The Company's first Olson Creek well has reached an approximate measured depth of 4,700 feet and is planned for a TD of 7,500 feet. Intermediate casing string has been set and cemented in place to approximately 2,000 feet. The Company reports that it has drilled through the Sterling formation and has penetrated the top of Beluga formation which is the primary target zone. Preliminary indications show the presence of hydrocarbons in the Beluga formation with gas charged coal seams. Miller expects to finalize the drilling of the Olson Creek #1 well over the next three weeks.
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