Ground Truth Trekking

Exploration rig entering Kachemak Bay

We watched this bizarre vessel get towed by on its way to Homer. Eventually it will be moved to upper Cook Inlet to drill oil and gas exploration wells. Does Cook Inlet have any more economically extractable oil or gas? We'll find out... this jackup rig is targeting "low hanging fruit" in upper Cook Inlet. They will re-drill wells that were drilled before and showed potential, so they feel like success is all but guaranteed, especially with generous tax benefits in hand.

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By Bretwood HigmanGround Truth Trekking

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