Assessment of undiscovered oil and gas resources of the Cook Inlet region, south-central Alaska, 2011

The U.S. Geological Survey (USGS) recently completed a new assessment of undiscovered, technically recoverable oil and gas resources in the Cook Inlet region of south-central Alaska. Using a geology-based assessment methodology, the USGS estimates that mean undiscovered volumes of nearly 600 million barrels of oil, about 19 trillion cubic feet of natural gas, and 46 million barrels of natural gas liquids remain to be found in this area.