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Vol. 19, No. 5 Week of February 02, 2014
Providing coverage of Alaska and northern Canada's oil and gas industry


State takes conservative view in forecast

Future revenues depend on the vagaries of future oil prices, future oil production and future expenditure by oil companies

Alan Bailey

Petroleum News

With around 90 percent of the State of Alaska’s unrestricted income originating from oil-related revenues of one form or another, predicting those revenues and thus enabling the formulation of a state budget is a difficult but essential exercise. And, given the unknowns and uncertainties in the vari....

    [additional news subjects in this story]

Forecast revenue drop

Production forecast

Conservative view

Increased lease expenditure


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