Alaska offshore oil production

After years of arguments over drilling in the Arctic National Wildlife Refuge (ANWR), the debate about Arctic oil exploration has moved offshore, into the waters of the Chukchi and Beaufort seas.

Commercial production began with a 1902 oilfield in region long known for its natural oil seeps. The boom came in 1957. Alaska’s petroleum history began long before statehood in 1959 and a headline-making major oilfield discovery two years earlier. A proposed Arctic offshore oil development project by Hilcorp Energy would entail building a 24-acre island in 19 feet of water to access a field of oil containing 330 million barrels of oil that could reach peak production of 70,000 barrels per day. If developed, the facility would be the first oil and gas production facility in federal waters off Alaska. Hilcorp proposes to build a nine-acre artificial gravel island in the shallow waters of the Beaufort Sea, about 20 miles east of Prudhoe Bay and about five miles off the coast. Offshore Drilling And Potential Impacts On Alaska The topic of developing oil prospects in Alaska by offshore drilling concerns of damaging the Arctic environment and the marine life in many ways. The consequences of an oil spill are waters off Alaska are not only financial but oceanic. After years of arguments over drilling in the Arctic National Wildlife Refuge (ANWR), the debate about Arctic oil exploration has moved offshore, into the waters of the Chukchi and Beaufort seas.

29 Jul 2019 At over 2 million b/d, Alaska's oil production peaked in 1988, with oil remaining to be developed on the North Slope and offshore areas of the 

Alaska –. A STATE OF ENERGY. America's Oil and Natural Gas Industry Alaskan Offshore Energy . Alaska Field Production of Crude Oil 1960-1985. Jan-60. 25 Oct 2018 The interior has said that the Liberty is “a long-awaited development for oil and gas energy production offshore the state of Alaska.” If developed,  The Alaska North Slope has been a major U.S. oil production province since of onshore and offshore fields near the existing infrastructure and development of  27 Aug 2019 Upstream oil and gas interests included in the transaction: Prudhoe Bay, 26% ( operator BP). Milne Point, 50% (operator Hilcorp). BOEM's Alaska Region Office is responsible for managing the development of oil, to Hillcorp for its Liberty Project Oil and Gas Development and Production Plan and regulates the collection of geological and geophysical data offshore.

26 Apr 2016 Sharman Haley and Hajo Eicken, “Coastal and Offshore Oil and Gas Shell Offshore Alaska, “Shell Exploration & Production Company,” 

Prudhoe Bay Oil Field is a large oil field on Alaska's North Slope. It is the largest oil field in North America, covering 213,543 acres and originally containing approximately 25 billion barrels of oil. The amount of recoverable oil in the field is more than double that of the next largest field in the United States, the East Texas oil field. The field is operated by BP; partners are ExxonMobil and ConocoPhillips Alaska. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. State production estimates reported by EIA are normally different from data reported by state agencies. For example, production estimates for Texas reported on table 26 are different from production reported by the Railroad Commission of Texas. Alaska’s North Slope has produced more than 18 billion barrels of oil since the discovery of the Prudhoe Bay oil field. Oil production has been the engine of economic growth in Alaska. Hilcorp to raise Milne Point field's oil production in Alaska Anchorage — Hilcorp Energy will increase oil production to 40,000 b/d at the Milne Point field on Alaska's North Slope by the end of 2020, a company official said Tuesday, compared with 34,000 b/d currently. Alaskan Onshore Energy Alaska‘s North Slope accounted for 25 percent of U.S. domestic oil and natural gas production in 1988, but production has plummeted because the government has largely prevented exploration for new resources. Total North Slope production fell to approximately 540,000 barrels per day in 2014, a 75 percent decrease from 1988.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec; 1981: 1,513: 1,530: 1,532: 1,523: 1,495: 1,544: 1,520: 1,520: 1,525: 1,513: 1,533: 1,542: 1982: 1,627: 1,631

14 Sep 2012 Then the ship dragged anchor while in Dutch Harbor, Alaska, on July Offshore oil rigs are more like factories than conventional ships and Some oil production already takes place on artificial islands in the Beaufort Sea. 16 Mar 2017 Actual production could run $10 billion over a decade. Even Musselman, a Texas oilman with a record of big discoveries, might have trouble  24 Mar 2009 My overall hope is that the government will reinstate a moratorium on offshore oil and gas exploitation, consider terminating leases in the  5 Jun 2002 Recently, remote offshore oil production also began in the waters of the Arctic Ocean north of Prudhoe Bay. The state and the federal government  26 Apr 2016 Sharman Haley and Hajo Eicken, “Coastal and Offshore Oil and Gas Shell Offshore Alaska, “Shell Exploration & Production Company,”  18 Apr 2017 This includes drilling offshore and fracking onshore. If these new discoveries become producing fields, the Alaskan Arctic will write a new 

26 Apr 2016 Sharman Haley and Hajo Eicken, “Coastal and Offshore Oil and Gas Shell Offshore Alaska, “Shell Exploration & Production Company,” 

Alaska's waters are believed to contain more than 30 percent of the nation's known recoverable offshore resources. • Alaska's oil and gas industry has produced  With an estimated 40 to 50 billion barrels of conventional oil remaining to be developed on the North Slope and offshore areas of the Alaska Arctic, it's not for a  26 Nov 2019 “Alaska's economy depends on a thriving oil and gas industry,” says Sean Clifton, policy & program specialist at the Alaskan Department of  This means that all offshore drilling and renewable energy generation takes place in federal waters. Production. Production on federal waters in the Alaska  24 Oct 2018 ANCHORAGE, Alaska (AP) — The first oil and gas production wells in federal Arctic waters have been approved by U.S. regulators. Alaska –. A STATE OF ENERGY. America's Oil and Natural Gas Industry Alaskan Offshore Energy . Alaska Field Production of Crude Oil 1960-1985. Jan-60.

Offshore Oil and Gas Development off. Alaska's North Slope. In August 2012, Royal Dutch Shell Oil (Shell) plans to begin exploratory drilling in the Arctic Ocean  20 May 2019 Global companies pursue exploration and production in Alaska Alaska's potential offshore oil and gas deposits, if given the opportunity to be  Accelerate the ongoing development of. Alaska-specific offshore oil and gas stan - dards and discuss their applicability in bilateral and multilateral forums for the. 3 Dec 2018 It is also pushing for more exploration and production offshore and in the in Alaska, drilling advocates pushed for oil and gas development on  30 Jan 2018 The Cook Inlet basin is Alaska's oldest oil-producing region, but all production to date has been on state territory. Reporting By Yereth Rosen in  26 Sep 2018 ExxonMobil is one of the top three producers of oil and the largest holder of discovered gas resources on Alaska's North Slope. Island started operating in October 1987 as the first offshore Beaufort Sea production system.