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Northern Alaska’s Resources Remain Important

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By Tim Pish, Special To Hart Energy
April 29, 2014

More than 35 years of exploitation and production history has defined northern Alaska as one of the most prolific oil-producing regions in the U.S. The area is currently producing about 550,000 barrels per day, has produced 17 billion barrels since first production in 1977, and has some 100 billion barrels of oil equivalent of discovered oil and gas in place.

The USGS estimates that Alaska’s North Slope and offshore areas contain more than 30 billion barrels and 200 trillion cubic feet of undiscovered conventional oil and gas resource. Furthermore, the ...


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