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  2. Prudhoe Bay Oil Field - Wikipedia

    en.wikipedia.org/wiki/Prudhoe_Bay_Oil_Field

    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 place: 25,000 million barrels (~3.4 × 10 ^ 9 t) Estimated gas in place: 46,500 × ...

  3. Kuparuk River oil field - Wikipedia

    en.wikipedia.org/wiki/Kuparuk_River_oil_field

    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: Estimated oil in place: 6,000 million barrels (~8.2 × 10 ^ 8 t) Producing formations: Kuparuk ...

  4. Economy of Alaska - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Alaska

    In a report compiled by the government of Alaska, the real GDP of Alaska was $51.1 billion in 2011, $52.9 billion in 2012 and $51.5 billion in 2013.The drop-off that occurred between 2012 and 2013 has been attributed to the decline in the mining sector, specifically the oil and gas sectors, a consequence of declined production.

  5. Hubbert peak theory - Wikipedia

    en.wikipedia.org/wiki/Hubbert_peak_theory

    "Hubbert's peak" can refer to the peaking of production in a particular area, which has now been observed for many fields and regions. Hubbert's peak was thought to have been achieved in the United States contiguous 48 states (that is, excluding Alaska and Hawaii) in the early 1970s. Oil production peaked at 10.2 million barrels (1.62 × 10 ^ 6 m 3) per day in 1970 and then dec

  6. Oil and gas reserves and resource quantification - Wikipedia

    en.wikipedia.org/wiki/Oil_and_gas_reserves_and...

    The three most common forms of decline curves are exponential, hyperbolic, and harmonic. It is assumed that the production will decline on a reasonably smooth curve, and so allowances must be made for wells shut in and production restrictions. The curve can be expressed mathematically or plotted on a graph to estimate future production.

  7. Alaska leaders cheer Trump oil and gas drilling ... - AOL

    www.aol.com/alaska-leaders-cheer-trump-oil...

    Alaska Sues Biden Administration For 'Irrational' Restrictions On Trump-era Oil And Gas Drilling Mandate "It is morning again in Alaska," Republican Sen. Dan Sullivan posted to X Monday evening. A ...

  8. List of countries by oil production - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_oil...

    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.

  9. It's so cold and snowy in Alaska that fuel oil is thickening ...

    www.aol.com/news/cold-snowy-alaska-fuel-oil...

    Much of Alaska has plunged into a deep freeze, with temperatures well below zero. Anchorage has seen some of its coldest temperatures in years and the mayor opened warming facilities for people ...