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Field history; Discovery: April 1969, Sinclair's Ugnu 1 well: Start of development: 1979: Start of production: December 13, 1981: Peak of production: 322,000 barrels per day (~1.60 × 10 ^ 7 t/a) Peak year: 1992: Production; Current production of oil: 71,021 barrels per day (~3.539 × 10 ^ 6 t/a) Year of current production of oil: 2019 ...
Field history; Discovery: March 12, 1968 by ARCO and Exxon's Prudhoe Bay State #1 well: Start of production: June 20, 1977: Peak of production: 1.5 million barrels per day (240,000 m 3 /d) Peak year: 1988: Production; Current production of oil: 319,013 barrels per day (~1.590 × 10 ^ 7 t/a) Year of current production of oil: 2023: Estimated oil ...
In the Annual Energy Outlook crude type estimates, all Alaska and Gulf of Mexico oil production is assumed to be API gravity 27-35 degrees and medium sour. Northeast crude oil production consists of approximately 30% API 27-35 medium-sour and 60% API 35-40 sour. The residual production is API 35-40 sweet.
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
Map of Producing fields in Alaska North Slope. The Alaskan North Slope is one of the most prolific oil producing basins in North America. It dominates the Arctic in oil production with about 15 billion barrels produced, 12 billion barrels coming from the Prudhoe Bay field. [2]
Goldman Sachs analysts on Sunday cut their forecast for oil prices next year. The bank said the “key reason” behind the lowered forecast is the abundance of US supply.
The core pipeline itself, which is commonly called the Alaska pipeline, trans-Alaska pipeline, or Alyeska pipeline, (or The pipeline as referred to by Alaskan residents), is an 800-mile (1,287 km) long, 48-inch (1.22 m) diameter pipeline that conveys oil from Prudhoe Bay, on Alaska's North Slope, south to Valdez, on the shores of Prince William ...
The U.S. has been producing 13.2 million barrels of crude oil per day, according to the Energy Information Administration. That's higher than the record of 13 million set under President Donald ...