About This Item

Share This Item

The AAPG/Datapages Combined Publications Database

AAPG Bulletin

Abstract


Volume: 53 (1969)

Issue: 6. (June)

First Page: 1318

Last Page: 1328

Title: Developments in Alaska in 1968

Author(s): T. D. Kirkpatrick (2)

Abstract:

Exploration drilling declined 44% from 1967, with only 19 exploration wells drilled in 1968. Four of the wells were discoveries, resulting in discovery of a gas field and an oil field in Cook Inlet, and a major oil field on the Arctic North Slope; this newly discovered field has been estimated to contain reserves of 5-10 billion bbl of oil.

The number of successful development wells in Cook Inlet doubled, and the production rate more than doubled from 1967. Three new platforms were added to the 11 already located in Cook Inlet.

State lease sales in the Cook Inlet basin and the Alaska Peninsula netted the state $4,059,109 in bonus bids for the 234,906 acres leased.

Exploration, restricted to 4 of the state's 10 basins, declined from 1967, except in the Arctic North Slope where activity increased significantly.

Pay-Per-View Purchase Options

The article is available through a document delivery service. Explain these Purchase Options.

Watermarked PDF Document: $14
Open PDF Document: $24

AAPG Member?

Please login with your Member username and password.

Members of AAPG receive access to the full AAPG Bulletin Archives as part of their membership. For more information, contact the AAPG Membership Department at [email protected].