Repsol, Santos reach first oil at Pikka project on Alaska North Slope
- Repsol reached first oil at the Pikka project on Alaska’s North Slope, with crude flowing through the LACT meter into the Pikka oil sales pipeline.
- Output is expected to ramp up to a plateau of 80,000 barrels a day in the third quarter, with first sales revenue also targeted for the third quarter.
- The company holds a 49% stake; Santos owns 51% and operates the project.
- At plateau, Pikka production is expected to equal 19% of Alaska’s current oil output.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Repsol SA published the original content used to generate this news brief on May 18, 2026, and is solely responsible for the information contained therein.
