Small accumulations uneconomic with conventional facilities; five-seven year test at Gwyder Bay
The absence of a gravel drilling pad and flexible pipeline distinguish development proposals for a small accumulation at Gwydyr Bay.
The Value of 3D Seismic
Exploration for oil and gas involves the evaluation of a variety of information. Reflection seismic methods can be used to create images of the geologic changes between wells. These images can help complete a picture of the subsurface that should enhance the ability of the explorationist to successfully select future well locations. The seismic tool provides a cost efficient alternative to additional drilling.
Two new tankers on order to carry North Slope Crude from Valdez to the West Coast meet the Oil Pollution Act of 1990 requirements that older tankers be phased out and replaced with double-hulled vessels, meet or exceed state, federal, and international safety requirements and are designed to improve redundancy maneuverability and self-sufficiency.
Drilling Technology and Innovations Continue
All of these new technniques have enabled oil and gas producers to develop new oil reserves on the North Slope for less than $2.50 a barrel. By lowering the finding costs of new oil, North Slope producers have been able to compensate for other costs, such as transportation, that rise because overall production from the North Slope is falling.
Ship Escort/Response Vessel System (SERVS)
The mission of SERVS is to prevent oil spills by assisting tankers in safe navigation through Prince William Sound, and to protect the environment by providing effective response services to the Valdez Marine Terminal and Alaska crude oil shippers, in accordance with oil spill response agreements and plans.
Alaska Pipeline Spill Prevention and Emergency Response Program
Alaska has a world-class oil spill response plan. Read about how it and the Alaska Department of Environmental Conservation's Industry Preparedness and Pipeline Program keep Alaska free from oil spills.
New oil development technology, developed over 30 years on Alaska's North Slope, will allow companies to tap underground producing reservoirs with a much smaller "footprint" on the surface.
From Exploration to Production on the North Slope
In the petroleum industry, there is an orderly progression of events from leasing to exploration to development. Oil field activities fall into three phases: exploration, development, and production.
Interaction of the Oil Industry and the Arctic Environment
A good example of the oil industry working to lessen the footprint of development occured at Kaktovik. Drilling operations in the well were completed in April of 1986; all traces of development was removed during the summer of 1986 and the area was revegetated.