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Alaska's petroleum reserve has nearly 9 billion barrels of oil - USGS

Gasoil News - Published on Tue, 26 Dec 2017

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Alaska's National Petroleum Reserve and adjacent lands have an estimated 8.7 billion barrels of recoverable oil, the US Geological Survey said, up from an estimate of about 1.5 million barrels made in 2010. The newest estimate shows an estimated 25 trillion cubic feet of natural gas in the NPR-A, located on Alaska's North Slope, on the western half of the northern coastline.

Overall, the USGS estimated that there is about 17.6 billion barrels of oil in both the NPR-A, the nearby Western Beaufort Sea and other adjacent lands, though the estimates for areas other than NPR-A were not substantially altered. Overall undiscovered, recoverable natural gas comes to more than 50 trillion cubic feet.

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Posted By : Rabi Wangkhem on Tue, 26 Dec 2017
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