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Vol. 15, No. 50 Week of December 12, 2010
Providing coverage of Alaska and northern Canada's oil and gas industry


State optimistic about new production

Revenue forecast shows new production accounting for half of all production by 2020, including several year-over-year increases

Eric Lidji

For Petroleum News

The new production forecast released by the Alaska Department of Revenue on Dec. 3 includes an unusual feature: lines tilted upward. The state predicts daily North Slope oil production will rise year-over-year in fiscal year 2012, FY 2013 and FY 2016. That would buck a long-standing trend in Alaska.....

    [additional news subjects in this story]

Decline over coming decade

New, near-term projects

Heavy oil and federal acreage

New oil growing in importance


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