The Sockeye-2 test is the second successful exploratory well, after the previous winter’s King Street-1, drilled in the ...

Now Armstrong is leading the charge to find Pikka-look-alikes east of Prudhoe Bay. All reports say the play concept in Armstrong's Lagniappe's acreage is very similar: Multiple zones, onshore, good ...

Alaska’s North Slope is finally booming with activity and Alaska is in the midst of an oil production revitalization. Several ...

The 137 wells together produce about 45,000 barrels of oil a day. Prudhoe, the largest North American oil field, has about 1,600 wells in all and produces most of the North Slope's total daily ...

JUNEAU — The Alaska Department of Revenue forecast on Wednesday that the state would see a bigger deficit in the next fiscal year due to lower-than-expected oil prices. The Legislature is facing a ...

It is also one of the richest, both in wildlife and hydrocarbons. The sprawling oil fields surrounding Prudhoe Bay produce 16 percent of the United States’ domestic oil supply, along with a ...

The Future of Alaskan Oil When oil was doscovered in Prudhoe Bay on the North Slope of Alaska, it was the single largest field ever found in North America. The 27-square mile oil field was small ...