Energy Resources FY12 project descriptions

Abstract

is a world-class petroleum province that includes some of the most prospective onshore regions remain ing in North America. Despite this potential, the North Slope remains underexplored relative to other sedimentary basins around the world. New exploration ventures are hampered by the limited amount of published geologic data, much of it reconnaissance in nature. This problem is particularly acute for smaller companies with limited access to proprietary industry data. In an effort to stimulate exploration for hydrocarbons in northern Alaska, DGGS developed a program to acquire and publish high-quality geologic data to improve our understanding of regional petroleum systems, entice new exploration investment, and support responsible resource and land-use management. The cost of this program is shared by industry, the State of Alaska, and federal government. While directed by DGGS, this research effort is a multi-agency collaboration that includes the Alaska Division of Oil & Gas (ADOG), the United States Geological Survey (USGS), the University of Alaska, and others.