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Vol. 8, No. 50 Week of December 14, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Coming down

Alaska forecasts 4% less oil production through 2010 than a year ago

Larry Persily

Petroleum News Juneau Correspondent

The state’s oil production forecast through the end of the decade is down from a year ago. The Alaska Department of Revenue’s price forecast, however, is up. North Slope oil is expected to average $27.70 per barrel for the fiscal year ending June 30, 2004, then slip to $24.65 in fiscal 2005 before s....

    [additional news subjects in this story]

Production decline continues

Reasons for lower production forecast

Flow could drop to 844,000 barrels in 2015

Prices remain high


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