This link has been bookmarked by 2 people . It was first bookmarked on 29 Apr 2008, by Adrienne E..
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29 Apr 08
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Arctic National Wildlife Refuge (ANWR)
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enormous oil and gas resources and its importance as wildlife habitat
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numerous wells have been drilled and oil fields discovered near ANWR (fig. 2), new geologic and geophysical data have become available, seismic processing and interpretation capabilities have improved, and the economics of North Slope oil development have changed significantly.
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petroleum
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new assessment involved 3 years of study by 40 USGS scientists, who coordinated work with colleagues in other Federal agencies, Alaska State agencies, and several universities. New field studies were conducted, new well and sample data were analyzed, and new geophysical data were acquired.
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crude oil, natural gas, and natural gas liquids.
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5.7 and 16.0 billion barrels (95-percent and 5-percent probability range), with a mean value of 10.4 billion barrels
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estimated to be between 4.3 and 11.8 billion barrels (95- and 5-percent probability range), with a mean value of 7.7 billion barrels (table 1).
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3.4 and 10.2 billion barrels of oil (BBO) (95- and 5-percent probability), with a mean of 6.4 BBO.
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accumulations that exceed 100 million barrels
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1996 dollars and are based on the expectation that production will repay all operating costs, including taxes and transport to market, all investment expenditures, and provide and an after-tax rate of return of at least 12 percent on the investment.
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Figure 4.
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recoverable oil in the 1002 area is 7.7 BBO
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