88 Energy locks in big Alaskan oil production test for 2026

88 Energy locks in big Alaskan oil production test for 2026

88 Energy is gearing up for a key horizontal well and production test at its Project Phoenix oil project on Alaska’s North Slope, backed by a free carry farm-in agreement with partner Burgundy Xploration.

Project Phoenix: 88 Energy outlines 2026 horizontal well, flow-test plan

88 Energy’s Project Phoenix on Alaska’s North Slope will move ahead with a fully funded horizontal well and extended production test planned for the second half of 2026. Preparations are underway, with necessary staffing, permitting and long-lead items already mobilized ahead of spud. Under a farm-out agreement with Burgundy Xploration, Burgundy will carry all costs … The post Project Phoenix: 88 Energy outlines 2026 horizontal well, flow-test p…