88 Energy lines up partner for Augusta-1 exploration well on Alaska’s North Slope

88 Energy farmed out a 40% working interest in its South Prudhoe Project on Alaska’s North Slope to Westlawn Americas Offshore, a Houston-based upstream company. 88 Energy keeps a 60% working interest and remains operator.

Augusta-1 is scheduled to spud in Q1 2027, targeting stacked Ivishak, Kuparuk and Brookian reservoir intervals with 133.7 million bbl of gross unrisked prospective resources. 88 Energy contracted Nordic-Calista Services’ Rig-3 for the well on 7 May.