Totchaket #1 Drilling Project Update
On May 23, 2018, Doyon board members, members of Toghotthele and Seth-De-Ya-Ah village corporation boards and project employees attended the well-site blessing of the Totchaket #1 well.
Doyon, Limited and CIRI Energy, LLC, a subsidiary of Cook Inlet Region, Inc. (CIRI), are partners in drilling the Totchaket #1 well in summer 2018 in the Nenana basin.
The Totchaket #1 drilling project is a part of a multi-year Doyon effort exploring for oil and gas on Native and State of Alaska lands in the Nenana basin. Project goals are the discovery of commercial quantities of oil and gas from which would flow direct financial profits, new business opportunities for Doyon companies and others, and new jobs focusing on Doyon shareholders. Doyon continues to explore this area due to encouraging information from previous exploration wells in the basin, including direct evidence of both oil and gas.
“The 3D seismic testing we conducted in the winter of 2017 indicated trapped hydrocarbons not seen before,” said Aaron Schutt, president and CEO of Doyon. “We are excited about the potential for a commercial find of oil or gas in the Nenana basin.”
Construction and staging started in December 2017, and drilling commenced on June 6, 2018. The well will drill into Doyon subsurface lands beneath surface owned by Toghotthele, the Nenana ANCSA village corporation. Doyon is using a Nabors Alaska drill rig for this summer’s work because of unavailability of right-sized Doyon Drilling equipment.
For more information about the Totchaket #1 well, visit https://www.doyon.com/totchaket-1-well/.