Alaska drilling/production
The icy waters of the Beaufort Sea continue to hold the focus for Alaska's offshore wildcatters. A federal Outer Continental Shelf sale that drew high bids totalling more than $2 billion set the stage for this exploration of a huge structure that conceivably could yield another megagiant like Prudhoe Bay. Elsewhere in Beaufort waters, 2 groups of companies unveiled a preliminary design proposal for the first commercial development of an oil field in U.S. Arctic waters. At Prudhoe Bay, an operator announced the North Slope's first tertiary enhanced oil recovery project even as work continued for a massive waterflood of the giant field's principal producing horizon. At Kuparuk River, drillers continued to develop a reservoir that is expected to ultimately yield more than one billion barrels of oil. Alaska's present production of ca 1.7 million bpd puts the state in a solid second place in the ranks of oil-producing states, runnerup only to Texas with an output of 2.5 million bpd.
- OSTI ID:
- 5589164
- Journal Information:
- Pacific Oil World; (), Vol. 76:1
- Country of Publication:
- United States
- Language:
- English
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Alaska drilling/production
Related Subjects
ALASKA
PETROLEUM INDUSTRY
ALASKAN NORTH SLOPE
BEAUFORT SEA
CONTINENTAL SHELF
ENHANCED RECOVERY
OFFSHORE OPERATIONS
OIL WELLS
PETROLEUM
PRODUCTION
PRUDHOE BAY
WATERFLOODING
WELL DRILLING
ARCTIC OCEAN
BAYS
CONTINENTAL MARGIN
DRILLING
ENERGY SOURCES
FEDERAL REGION X
FLUID INJECTION
FOSSIL FUELS
FUELS
INDUSTRY
NORTH AMERICA
RECOVERY
SEAS
SURFACE WATERS
USA
WELLS
020300* - Petroleum- Drilling & Production