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The great Alaskan oil rush – 50 years on

Expectations ran high as the oil and gas industry scrambled for North Slope acreage at all costs in 1969. However, within 11 years of operating, the euphoria diminished as well flow rates dropped and output peaked. Today, although there is interest in regenerating North Slope production, an oil rush of the likes seen 50 years ago is unlikely, writes Nigel Bance.

Article details


PR July 2019 pp14-16.pdf

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Journal title: Petroleum Review

Region: North America

Publisher: Energy Institute

Countries: United States -

Subjects: Economics, business and commerce, Oil and gas extraction

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