Australian oil firm 88 Energy has reached target depth at its Icewine asset onshore the North Slope of Alaska.
Perth-based 88, which owns 77.5% of the prospect, said following the spud of well last month the Arctic Fox drilling rig has completed operations, with the well reaching 11,450ft.
The drilling rig is now to be demobilised and wireline logging operations to begin.
Micro stimulations will be performed to calibrate the stress profile in the zone of interest at the start of next month.
In a statement the firm added: “This data will then be combined with the processed and interpreted log information in order to select the optimal location of perforations for the main stimulation operation.
“Execution of the main stimulation is scheduled to take place in the third week of June with cleanup of stimulation fluid over the following one to two weeks.
“The well will then be placed on production test, initially at a choked back rate in order to ensure that proppant is not displaced from the reservoir.”