Alaska’s $6 billion questionTo meet production forecast substantial new investment required Larry Persily Petroleum News Government Affairs Editor
The Alaska Department of Revenue estimates North Slope producers will need to ante up $6 billion in capital spending in fiscal years 2006-2008 if the region is to reverse its declining production by 2010 and meet the state’s production forecast. (Fiscal years measured by the state start in July and....
[additional news subjects in this story]
State counts on Point Thomson, NPR-A in fiscal 2009 Point Thomson at 70,000 barrels in 2010 ConocoPhillips says NPR-A flow could start in 2008 How probable is a $6B capital investment?
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