USGS revises estimates of Alaska oil, gas. (Petroleum and Gas).[United States. Geological Survey].(Brief Article)

U.S. Geological Survey (USGS, MS119 National Center, Reston, VA 20192) scientists have completed a four-year reassessment of the undiscovered oil and gas resources of the National Petroleum Reserve in Alaska (NPRA). The re-assessment includes an economic analysis of the undiscovered oil in the NPRA and shows that the federal part of NPRA contains significant volumes of technically recoverable oil and gas resources spread over a vast area.

Until now, the most recent assessment of NPRA was more than 20 years old and had reported the technically recoverable oil in the entire NPRA as between 0.3 and 5.4 billion barrels of oil (BBO), with a mean value of 2.1 BBO. No …