March 2008

Trends and Resources

HP Impact: HPImpact: New report finds 'plenty of potential' in Alaska fields

The US Department of Energy (DOE) has issued a comprehensive new report examining the potential for Arctic Alaska to remain a major contributor to US domestic energy supply. Key findings indicate tha..

Weirauch, Wendy, Hydrocarbon Processing Staff

The US Department of Energy (DOE) has issued a comprehensive new report examining the potential for Arctic Alaska to remain a major contributor to US domestic energy supply. Key findings indicate that, under the most optimistic scenario, future Alaska North Slope (ANS) oil and gas resources could bring an additional 36 billion barrels (Bbbl) of oil and 137 trillion cubic feet (Tcf) of natural gas to present reserve estimates. From an exploration perspective, the North Slope is not a mature petroleum province and may provide oil, and potentially natural gas, for years. Thus far, most natural gas produced during oil production has been reinjected to enhance oil recovery. With the declin

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