Alaska oil production forecast

Aug 29, 2019 BP's decision to offload its Alaska holdings highlights the uncertainty around whether the state — once at the heart of U.S. production — will  Production Profiles and Operating Costs for Crude Oil Accumulations . Alaska Department of Revenue, Tax Division, 2008, Spring 2008 forecast: Anchorage, 

Peak oil is the theorized point in time when the maximum rate of extraction of petroleum is In addition, Hubbert's original predictions for world peak oil production proved premature. Bentley et al., Comparison of global oil supply forecasts and oil close to the poles, such as that on the North Slope of Alaska, all of which it  Jan 26, 2020 ANS crude production in forecast range with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Dec 10, 2019 Alaska oil production is the other part of the equation, and the outlook is not so favorable, at least for the near term. State forecasters predict a  Nov 29, 2019 The wildcard in this forecast is the outcome of the state government budget Alaska's crude oil production averaged 540,500 barrels per day 

North Slope oil production is expected to average 492,063 barrels per day this year, down from 496,900 barrels per day in 2019. Next fiscal year, about 490,500 barrels per day are expected to flow through the Trans-Alaska Pipeline System, or TAPS. Those estimates are down 7 percent and 4 percent for fiscal 2020 and 2021, respectively.

Feb 27, 2019 The production forecast is primarily used by the Alaska Department of Revenue to predict how much money the state will get over time. Decade, Year-0, Year-1, Year-2, Year-3, Year-4, Year-5, Year-6, Year-7, Year-8, Year-9. 1970's, 198, 193, 191, 173, 464, 1,229, 1,401. 1980's, 1,617, 1,609  Peak oil is the theorized point in time when the maximum rate of extraction of petroleum is In addition, Hubbert's original predictions for world peak oil production proved premature. Bentley et al., Comparison of global oil supply forecasts and oil close to the poles, such as that on the North Slope of Alaska, all of which it  Jan 26, 2020 ANS crude production in forecast range with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Dec 10, 2019 Alaska oil production is the other part of the equation, and the outlook is not so favorable, at least for the near term. State forecasters predict a 

The Alaska North Slope (ANS) oil price is forecast to be $63.54 per barrel for this fiscal year, a drop from $66 that was forecast in spring.

Dec 10, 2019 Alaska oil production is the other part of the equation, and the outlook is not so favorable, at least for the near term. State forecasters predict a  Nov 29, 2019 The wildcard in this forecast is the outcome of the state government budget Alaska's crude oil production averaged 540,500 barrels per day 

Oil and Gas Production Cost Forecast Instructions; The following forms should be submitted as attachments in ROL, as applicable: Alaska Producers’ Affidavit; Notice of Assignment of Tax Credit Certificates under AS 43.55.029; Credit Application Expenditure Support and Instructions; Oil and Gas Production Tax Credits Lessor Data Release Form

Oct 11, 2016 With Smith Bay forecast to produce that quantity alone, Alaska clearly figures playing a larger role than anticipated in U.S. oil production. Aug 23, 2018 This, the firm estimates, could lead to a 40% increase in crude production in the next eight years. That would amount to 200 thousand barrels per  Mar 29, 2017 Production forecasts for technically recoverable resources (oil, natural gas, and natural gas liquids (NGLs)) are updated for producing fields,  Nov 9, 2016 In its Annual Energy Outlook 2016, released in August, EIA's reference-case projects that Alaska production (green line in Figure 1) slipping by an  Jun 1, 2015 Here you can see a map of Alaska's long-term crude oil production. of Alaska's production, we see that production is forecast to continue  So, here is the range of expected production. Note that a very fast schedule gets to first oil in FY24. But, the more likely timeline doesn’t have production flowing until FY26. Oh, and It will take a few years of drilling before they reach that 100,000 barrel number you’ve heard about. Alaska North Slope crude prices on the West Coast are expected to average $63.54 per barrel in fiscal 2020, down from the $69.46 average of the past fiscal year, according to the forecast

Nov 19, 2018 This is my North Slople oil production forecast for the next 10 years. With a lot of new activity going on, it's important to see how it all fits 

MORE OIL ON THE WAY — IF ALASKA REMAINS STABLE. Armstrong Oil and Gas earlier this year predicted it has found 1.2 billion barrels of light crude, which may be the largest onshore discovery in America for the past 30 years.

Aug 25, 2018 Alaska's North Slope's crude-oil output could increase by as much as Alaska has the infrastructure for oil production, and was responsible for