Repsol Announces Largest U.S. Onshore Conventional Discovery In 30 Years

By Zainab Calcuttawala The Spanish company Repsol announced a find in Alaska that could be the largest “onshore conventional hydrocarbons discovery” made in the United States in the past thirty years, according to a new report by Oil and Gas Investor. The company said on Thursday that it and partner firm Armstrong Energy had struck light oil in Alaska’s North Slope in the Nanushuk Play. The “emerging” field could hold up to 1.2 billion barrels, new results from Horseshoe No.1 and 1A wells show. Madrid-based Repsol holds a 25 percent interest…

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