EIA forecasts Alaska crude oil production will grow in 2026 for the first time since 2017
Oil & Gas 360º
MARCH 19, 2025
million bpd in 1988, and production has since fallen largely because of the production decline of mature oil fields, limited lease availability, and high exploration and production costs. The projects would be among the most productive wells in Alaska if they come online as the companies are currently planning. EIA’s annual U.S.
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