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IHS Markit: Alaska North Slope a super basin ready for resurgence; production to grow 40% in 8 years

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Based on recent discoveries, the IHS Markit Plays and Basins: Alaska North Slope (ANS) Basin; Resurgence in an Arrested, Late-emerging Super Basin analysis estimates that the ANS Basin offers 38 billion barrels of oil equivalent (BOE) in remaining recoverable resources (50 trillion cubic feet (TCF) of gas, and 28 billion barrels of oil).

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USGS releases first shale-oil and shale-gas resource potential assessment for the Alaska North Slope

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The US Geological Survey has released its first estimate of the potential of undiscovered, technically recoverable onshore shale oil and gas resources in Alaska’s North Slope. Northern Alaska province showing boundaries of assessment units (AU). However, these shales also likely retain oil and gas that did not migrate.

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EIA: 5 states and the Gulf of Mexico produce more than 80% of US crude oil; shales drive the growth

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Five states (Texas, North Dakota, California, Alaska, and Oklahoma) and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in the United States in 2013, according to the US Energy Information Administration (EIA). Click to enlarge.

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Port of Seattle announces partnership for sustainable aviation fuels at Sea-Tac Airport; 10% minimum by 2028, 50% by 2050

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An industry leader in the use of sustainable aviation biofuel, since 2011 Alaska Airlines has flown nearly 80 flights using sustainable aviation biofuel made of used cooking oil, forest residuals and non-edible, sustainable corn.

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EPA issues final air quality permits to Shell for Arctic oil and gas exploration; fleet emissions reduced 50+% from 2010 permits

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EPA Region 10 has issued final air quality permits to Shell for oil and gas exploration drilling in the Alaska Arctic. EPA Region 10 proposed the draft permits for public comment on 6 July 2011 and held informational meetings and a public hearing in Barrow, Alaska on 3 and 4 August 2011.

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Foss Maritime to build first three of new Arctic Class of deep-sea tugs for oil and gas industry

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Responding to new oil and gas industry opportunities, Foss Maritime Company will build the first three tugs in an. Foss says the new tugs will position it to compete for opportunities in the oil and gas industry. Several oil and gas customers are. it comes to the transportation of infrastructure needed for Arctic oil and.

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Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

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Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. The Administration is pushing the oil industry to produce on leases already held.

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