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Both Hilcorp and ENSTAR said they’ve been eyeing Kenai’s pore space for about a year. ENSTAR estimates it could start injecting gas by the end of the year for around $240 million. Hilcorp says it could do it for less money, around $100 million.
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The two new wells are the culmination of years of work and more than $65 million.
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John Sims, Peter Micciche and Rob Montgomery join us to talk about the natural gas crisis in Cook Inlet.
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If it’s built, Enstar’s import facilities would share space in Nikiski with the proposed export facilities of the $44 billion natural gas pipeline.