U.S. Geological Survey Open-File Report 2005-1359

Economics of 1998 U.S. Geological Survey's 1002 Area Regional Assessment: An Economic Update

Published 2005
Online only
Version 1.0

by Emil D. Attanasi

Abstract

This report updates the economic analysis of the U. S. Geological Survey's 1998 petroleum assessment (Bird, 1999) of the combined lands consisting of the Federal 1002 Area of the Arctic National Wildlife Refuge, Native Lands inside the boundary of the 1002 Area, and the lands underlying the adjacent Alaska state waters. The update includes newer field development practices based on horizontal development wells and satellite/cluster field development, as well as, an update of the 1996 base costs to a new base year of 2003. The 1998 U. S. Geological Survey's assessment of undiscovered oil resources (in-place and technically recoverable) remains the geologic basis for the economic analysis.

Report

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Open-File Report 2005-1359 [666-KB PDF].

Contact

For scientific questions or comments concerning this report, contact Emil D. Attanasi.

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