by U.S. G.P.O., For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office in Washington .
Written in English
|Series||S. hrg -- 104-202.|
|The Physical Object|
|Pagination||iii, 87 p.|
|Number of Pages||87|
Notes: W -- Individual state volumes are withheld to avoid disclosure of operator-level reserves data, due to statistical precision requirements, or due to other data quality reasons. The individual state volumes are included in the U.S. Total volume. See Definitions, Sources, and Notes link above for more information on this table. Alaska’s oil reserves may have just gotten 80 percent bigger after Dallas-based Caelus Energy LLC announced the discovery of 6 billion barrels under Arctic waters. Pessimists will note it amounts to only one year of global oil production, while optimists will point out it represents % of past Alaskan production and 15 . National Petroleum Reserve in Alaska. Formerly known as Naval Petroleum Reserve No. 4, the National Petroleum Reserve in Alaska (NPR-A) is now a vast ~million-acre area on Alaska's North Slope. In , mindful of the land's conceivable petroleum value, President Harding set aside this area as an emergency oil supply for the U.S. Navy.
ANWR oil reserves would represent to percent of world oil consumption by , so ANWR oil would have little impact on world oil prices. At its peak, ANWR oil would contribute about million barrels per day to U.S. oil production, but America would still import about million barrels of oil per day. History of Alaska’s Oil and Gas Production Tax: Senate B aka the More Alaska Production Act (MAPA), was signed by Governor Sean Parnell on Senate Bill , House Bill , and Senate Bill signed in , by Governor Sean Parnell, created new tax credits and amended some provisions of the tax. The majority of the US reserves are located in Alaska, California, and Texas. In time, the petroleum reserves of the United States may actually be increased by oil shale, a rock plentiful in Colorado, Wyoming, and Utah. Oil shale contains a waxy substance known as kerogen, which yields oil when heated. Sohail Ahmed -- Prudhoe Bay Oil Field is a large oil field on Alaska's North is the largest oil field in North America, covering , acres (86, ha) and originally containing approximately 25 billion barrels ( × 10 9 m 3) of oil. The amount of recoverable oil in the field is more than double that of the next largest field in the United States by acreage (the East Texas oil field), while the Country: United States.
Elizabeth Harball is a reporter with Alaska's Energy Desk, covering Alaska’s oil and gas industry and environmental is a contributor to the Energy Desk’s Midnight Oil podcast series. If RBN had been blogging about the energy industry in the mids, the development of the vast crude oil reserves on Alaska’s North Slope would have been Topic #1. After the shock of the OPEC oil embargo, U.S. consumers welcomed the completion of the mile Trans Alaska Pipeline System (TAPS) and the increasing flow of . Alaska is a treasure trove, albeit a much disputed one, for oil and natural gas reserves. The state’s oil and gas industry has produced more than 17 . ANCHORAGE, Alaska — The U.S. Bureau of Land Management will be accepting oil exploration bids for more than half of the land on a Northern Alaska petroleum reserve that's the size of Indiana.