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Week of October 31, 2010
Providing coverage of Alaska and northern Canada's oil and gas industry


The pitfalls of oil and gas assessments

The dramatic drop from 10.5 billion to 896 million barrels in the U.S. Geological Survey’s assessment of undiscovered oil in the National Petroleum Reserve-Alaska underlines a sometimes overlooked aspect of any resource assessment: An assessment is an estimate of how much oil and gas may exist in a....


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