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Projected levels of increased oil production from ANWR to mean Alaskan production volumes [54]. In 1998, the USGS estimated that between 5.7 and 16.0 billion barrels (2.54 × 10 9 m 3) of technically recoverable crude oil and natural gas liquids are in the coastal plain area of ANWR, with a mean estimate of 10.4 billion barrels (1.65 × 10 9 m 3), of which 7.7 billion barrels (1.22 × 10 9 m 3 ...
The Biden administration said Friday it will restrict new oil and gas leasing on 13 million acres (5.3 million hectares) of a federal petroleum reserve in Alaska to help protect wildlife such as ...
The Biden administration on Monday overturned a controversial Trump-era policy that would have opened new swathes of Arctic Alaska to oil development. U.S. ditches Trump-era policies for Arctic ...
Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to
Jun. 2—The only oil company that bought a single lease in the Arctic National Wildlife Refuge early last year has canceled its lease, according to the U.S. Interior Department. The move by ...
The purpose of the new lease was to provide an off-season harbor for Shell vessels conducting exploratory drilling in the summer in the Chukchi Sea off Alaska's northwest coast. [6] The US Geological Survey has estimated the offshore reserves in the Arctic at 26 million barrels of oil and 130 trillion cubic feet of natural gas. [6]
ConocoPhillips Alaska’s Willow project could produce up to 180,000 barrels of oil a day, create up to 2,500 jobs during construction and 300 long-term jobs, and generate billions of dollars in ...
A map of northern Alaska showing the location of the National Petroleum Reserve-Alaska (NPRA). The National Petroleum Reserve in Alaska (NPRA) is an area of land on the Alaska North Slope owned by the United States federal government and managed by the Department of the Interior, Bureau of Land Management (BLM). [1]