OEF Rapid Review Articles
Over the past year oil companies have discovered volumes on Alaska’s North Slope totaling as much as five billion barrels or more of recoverable oil – a 14 percent increase in U.S. proven reserves. A number of these new wells will be fracked using techniques similar to those now employed in the lower 48, as opposed to the more limited in scope fracking operations that have been utilized in the region since the 1980s. If these new discoveries become producing fields, Alaska will write a new chapter in the U.S. oil industry’s dramatic ascent.
LINK TO THE SOURCE ARTICLE:
New Wave Of Alaska Oil Development Through Large Scale Fracking
