Country Report

Alaska upstream summary

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Alaska's oil production peaked at two million barrels a day in 1988 but has been steadily declining since to just over 500,000 b/d in 2023. There are two main producing regions in Alaska, the Cook Inlet and the North Slope. The North Slope is the largest producing region in Alaska, currently producing over 90% of total production. The legacy North Slope operators, ConocoPhillips, BP and ExxonMobil, maintained an outsized role in the region in terms of remaining value, reserves and ...

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Tables and charts

This report includes the following images and tables:

    Country Key FactsAlaska Country MapRemaining Reserves and Contingent Resources at 01/01/2026
    Liquid and Gas Production 2023Net Acreage 2026Top acreage holders - Beaufort Sea (state and federal waters)Top acreage holders - Cook InletTop acreage holders - North SlopeTop acreage holders - NPR-A
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What's included

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    Alaska upstream summary

    XLS 773.00 KB

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    Alaska upstream summary

    PDF 4.34 MB