Developments in Alaska in 1969

摘要: In 1969, accelerated exploratory activity on the Arctic North Slope accounted for substantial gain made in overall Alaskan exploration over previous year. Total drilling increased 132% to 44 wells, of which 32 were area, 10 Cook Inlet basin, and 2 other basins. The 17 successful all Slope, resulted extension definition Prudhoe Bay field boundaries, discovery 1 new shallower pool within field, new-field discoveries. addition, 1969 confirmed original estimates reserves 5-10 billion bbl oil excess oil. high level will co tinue into 1970. concentrated efforts northern Alaska culminated record-setting September State Lease Sale that brought total accepted bonus bids $900,041,605 412,548 acres or close proximity field. As interest shifted extremely active parts state, confined four major basins, declined from 1968. A significant development Gulf was first offshore well. Industry's remains province Bristol as lease sales tentatively are scheduled anticipated Fifty-five wells drilled a decrease 38% Oil production 12% 74,353,273 gas rose 47% 147,328,379 Mcf.