Slope oil seen lasting 30 years

February 18, 2010

Anchorage Daily News

Petroleum News

How much longer for the North Slope?

A new U.S. Department of Energy report concludes production from Alaska's oil fields can continue for another 30 years, longer if more oil fields are discovered.

The report -- "Alaska North Slope Oil and Gas: A Promising Future or an Area in Decline?" -- looks at what's known about existing oil fields, recent exploration, development plans and the technology of producing oil and gas.

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