Featured Research

from universities, journals, and other organizations

USGS Estimates Undiscovered Oil & Gas In Yukon Flats, East-Central Alaska

Date:
December 21, 2004
Source:
U.S. Geological Survey
Summary:
The U.S. Geological Survey (USGS) recently completed a new assessment of undiscovered oil and gas resources in the Yukon Flats region of east-central Alaska. The assessment indicates the probable existence of technically recoverable oil and gas resources, with the mean estimate of about 5.5 trillion cubic feet of undiscovered natural gas, 173 million barrels of undiscovered oil, and 127 million barrels of natural-gas liquids in conventional accumulations.

The U.S. Geological Survey (USGS) recently completed a new assessment of undiscovered oil and gas resources in the Yukon Flats region of east-central Alaska. The assessment indicates the probable existence of technically recoverable oil and gas resources, with the mean estimate of about 5.5 trillion cubic feet of undiscovered natural gas, 173 million barrels of undiscovered oil, and 127 million barrels of natural-gas liquids in conventional accumulations. Technically recoverable resources are the amount of petroleum that may be recovered using current technology.

Related Articles


Yukon Flats is a remote, sparsely inhabited area of low, forested hills and flatlands with numerous streams and lakes, about 100 miles northeast of Fairbanks and east of the Trans-Alaska Pipeline System. The USGS assessed about 13,500 square miles (slightly larger than the State of Maryland), within which the major landowners are the Federal government, the State of Alaska, and native corporations and villages.

The assessment was based on a comprehensive review of all available geological, geophysical, and geochemical evidence; including new information obtained by recent USGS field and laboratory studies. This work found strong evidence for the existence of potential source rocks and reservoirs of oil and gas in Yukon Flats.

No petroleum production has been obtained from Yukon Flats. One exploratory well was drilled and found small quantities of natural gas. However, the volumes of natural gas that were assessed in Yukon Flats are large enough that they may be of economic importance for use within Alaska.

The volumes of oil assessed in Yukon Flats (173 million barrels) are much less than those previously assessed in the National Petroleum Reserve Alaska (NPRA) and Arctic National Wildlife Refuge (ANWR) 1002 areas (9.3 billion barrels and 7.7 billion barrels, respectively).

###

The USGS provides scientifically based estimates of petroleum potential and energy resource information to Federal, State, and local governmental agencies, along with the energy industry, the environmental community and the public. The USGS Yukon Flats National Oil and Gas Assessment Fact Sheet 2004-3121 is available at: http://pubs.usgs.gov/fs/2004/3121/.

The USGS serves the nation by providing reliable scientific information to describe and understand the Earth; minimize loss of life and property from natural disasters; manage water, biological, energy and mineral resources; and enhance and protect our quality of life.


Story Source:

The above story is based on materials provided by U.S. Geological Survey. Note: Materials may be edited for content and length.


Cite This Page:

Share This


More From ScienceDaily



More Matter & Energy News

Thursday, January 29, 2015

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Two Stunt Pilots Perform Incredibly Close Flyby

Two Stunt Pilots Perform Incredibly Close Flyby

Rumble (Jan. 29, 2015) — Two pilots from 'Escuadrilla Argentina de Acrobacia Aιrea' perform an incredibly low altitude flyby stunt during a recent show exhibition in Argentina. Check it out! Video provided by Rumble
Powered by NewsLook.com
'Brand Blocker' Glasses Blur Ads in Real Time

'Brand Blocker' Glasses Blur Ads in Real Time

Buzz60 (Jan. 28, 2015) — A team of college students design and build a pair of goggles that will obscure any corporate branding from your field of vision. Jen Markham (@jenmarkham) has the story. Video provided by Buzz60
Powered by NewsLook.com
Amplifying Tiny Movements to Visualize the Invisible

Amplifying Tiny Movements to Visualize the Invisible

Reuters - Innovations Video Online (Jan. 28, 2015) — A new video recording method that amplifies seemingly invisible motion could lead to a touch-free vital signs monitor, and offer a new tool for engineers to gauge stresses on bridges and tunnels in real time. Ben Gruber reports. Video provided by Reuters
Powered by NewsLook.com
Boeing's Profit Soars

Boeing's Profit Soars

Reuters - Business Video Online (Jan. 28, 2015) — Boeing delivered more commercial planes, especially 737s and 787s, fueling profit. But it issued a mixed outlook. Fred Katayama reports. Video provided by Reuters
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
 
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:  

Breaking News:

Strange & Offbeat Stories

 

Space & Time

Matter & Energy

Computers & Math

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:  

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile iPhone Android Web
Follow Facebook Twitter Google+
Subscribe RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins