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Vol. 16, No. 11 Week of March 13, 2011
Providing coverage of Alaska and northern Canada's oil and gas industry


Units may not work for resource plays

Shublik, Kingak, Hue shales extend across North Slope; lack of drainage may mean unit formation not needed for shale development

Kristen Nelson

Petroleum News

Sen. Tom Wagoner, R-Kenai, co-chair of Senate Resources, has a bill in the Alaska Legislature which would provide credits for development costs against the first five years of production tax for new oil and gas produced from leases not in units at the end of 2008. Wagoner is pushing the credits as a....

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Shales regional; drainage not an issue

Units and resource plays


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