Sunday, February 27, 2011

OCS Development

A report titled "Potential National-Level Benefits of Alaska OCS Development Prepared for Shell Exploration and Production February 2011" is now available on the Northern Economics website.

Some quick calculations show that the report estimates 0.7 BCFD of gas and 528,000 BPD oil (averages based on the stated production durations). That's roughly 15% of the capacity of a 4.5 BCFD gasline and 25% of the capacity of TAPS (maxed out).

The 2009 report titled "Economic Analysis of Future Offshore Oil and Gas Development: Beaufort Sea, Chukchi Sea, and North Aleutian Basin Prepared for Shell Exploration and Production March 2009" provided these oil and gas production curves:

One more statistic: This is blog post #300 and still no firm project plan for an Alaskan Gas Pipeline.

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