Country Report
Alaska upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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 ...
Table of contents
- Key Issues
- Introduction
-
Alaska
- Alaska North Slope
- Cook Inlet
- Basin name-editable
-
Cook Inlet Basin
- Source Rock
- Reservoir Rock
- Trapping Mechanism
-
Colville River Basin
- Source Rocks
- Reservoir Rocks
- Cap Rock (Seal)
- Trapping Mechanism
- Timing
-
Licensing
- Lease activity summary
- State of Alaska
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Exploration licensing
- 2011
- 2012
- 2013
- 2014
- 2015
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Competitive bid leasing - recent years only
- 2016
- 2017
- 2018
- 2019
- 2021
- 2022
- 2023
- 2024
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Exploration licensing in federal areas
- National Petroleum Reserve - Alaska
- 2017
- 2019
- Federal coastal waters
- Arctic National Wildlife Refuge
- Beaufort Sea
- 20 more item(s)...
Tables and charts
This report includes the following images and tables:
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Country Key FactsAlaska Country MapRemaining Reserves and Contingent Resources at 01/01/2026
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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
- 17 more item(s)...
What's included
This report contains:
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