Developments in Alaska in 1971

Journal Article · Sat Jul 01 04:00:00 EDT 1972 · Am. Assoc. Pet. Geol. Bull.; (United States)

OSTI ID:6215435

Adams, W D

Alaska's petroleum exploration and development activity was virtually at a standstill during 1971. Only 6 exploratory and 29 development wells were drilled for declines of 78.6% and 49.2%, respectively. One discovery was made on the Arctic Slope; for the third consecutive year, none was made in the Cook Inlet Basin. No wells were drilled in Alaska's other major basins. Geophysical and surface geologic investigations totaled 94.5 crew-months, down 45.7% from 1970. Oil production decreased 5.8% and gas production increased 4.7%. Cumulative state production at year end totaled approx. 396,396,757 bbl of oil and 884,992,139 Mcf of gas, of which 356,854,769 Mcf is casinghead gas. Cumulative petroleum industry investments in Alaska through 1971 are estimated to be in excess of $3 billion; 24 competitive state oil and gas lease sales alone have brought bonus payments of $998,107,679. No federal lease sales were conducted, and at year end total federal land under oil and gas lease a. On June 1, 1971, 3 contracts were awarded to separate manufacturershic representation informations can be stored in assembly language on a disk for rawas elaborated by Prof. J.A. Czubek from Institute of Nuclear Physics in Cracow.

• Research Organization: Union Oil Co California
• OSTI ID: 6215435
• Journal Information: Am. Assoc. Pet. Geol. Bull.; (United States), Journal Name: Am. Assoc. Pet. Geol. Bull.; (United States) Vol. 56:7; ISSN AAPGB
• Country of Publication: United States
• Language: English

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FUEL GAS
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