Wednesday, August 29, 2012

Alaska Explores Shale Production



Alaska, like many other governmental entities with access to oil and gas resources, is taking a long hard look at the shale formations in existing fields.  One interesting thing about shale oil and shale gas is that, in many instances, we know EXACTLY where it is.  

While drilling deep oil and gas wells in west Texas and eastern New Mexico my dad routinely drilled through shale formations that produced gas kicks of various strengths.  Oil and gas companies involved in those early exploration efforts retain detailed records related to those events, and many are pouring over that data to determine the viability of fracking operations in those old wells.

Alaska appears to be thinking along those very lines.  The longer drilling is banned on the North Slope and off shore in Alaska the more attractive re-exploration of existing oil and gas fields will be there.


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