New projects and enhanced recovery are helping increase flow down the trans-Alaska pipeline, but the long-term downward trend in oil production remains.
A segment of the trans-Alaska pipeline photographed along the Richardson Highway between Glennallen and Delta Junction on May 13, 2020. The giant oil patch has seen dwindling production for decades, with its primary field at Prudhoe Bay aging. But the Slope remains a key part of Alaska’s economy.
Industry observers said the annual increase is a positive sign, though it doesn’t meaningfully change the long-term slide in Alaska oil production. That will likely take large new fields producing oil, they say. The bump added about 6,000 barrels of crude oil daily to the 800-mile trans-Alaska pipeline, operator Alyeska Pipeline Service Co. announced this week. The increase pushed last year’s daily oil production to 483,000 barrels.
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