Estimates of additional energy resources present within known oil and gas fields using statistical analysis that includes geology and engineering practices in addition to growth trends in production data.
We estimated potential, technically recoverable oil and gas resources for source rocks of the Alaska North Slope. Estimates range from zero to 2 billion barrels of oil and from zero to nearly 80 trillion cubic feet of natural gas.
We estimated mean volumes of 13.4 trillion cubic feet of potential technically recoverable shale gas and 0.5 billion barrels of technically recoverable shale oil resources in this area using a performance-based geologic assessment methodology.
Using a well performance-based geologic assessment methodology, we estimated a technically recoverable mean volume of 62 million barrels of oil in shale oil reservoirs, and more than 3,700 billion cubic feet of gas in tight sandstone in this area.