Viscous oil could be big plus
for North Slope productionMost of 15 billion barrels not producible today; horizontal wells allow production of deeper oil; successful EOR could expand what can be developed to 1-2 billion barrels Kristen Nelson PNA Editor-in-Chief
As production declines from maturing Alaska North Slope fields, per-barrel production costs rise, economically hampering further development efforts.
Natural gas, known satellites and in-fill drilling opportunities at existing fields all add to reserves, resetting the clock on that production decli....
[additional news subjects in this story]
Prudhoe oil with light ends stripped out Not conventional oil development But viscous isn’t typical BP bought Milne for Kuparuk accumulation
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