The US Department of Interior (DoI) will reverse a decision that allowed leasing and development in the National Petroleum Reserve in Alaska (NPR-A). The previous administration had approved plans to allow oil leasing and development in more than 80% percent of the 23-million-acre (9.3-million-hectare) reserve. The last NPR-A lease sale was held by the BLM in 2019. In August 2021, a US District Court Judge cancelled federal permits for ConocoPhillips’s Willow oil project in the National Petroleum Reserve in Alaska, citing issues with environmental analysis; the project could produce up to 160,000 bbl/d, with a processing capacity of 200,000 bbl/d over the next 30 years, producing a total of 590 mbl of oil and offsetting the declining production from the North Slope oil fields.
Interested in Global Energy Research?
Enerdata's premium online information service provides up-to-date market reports on 110+ countries. The reports include valuable market data and analysis as well as a daily newsfeed, curated by our energy analysts, on the oil, gas, coal and power markets.
This user-friendly tool gives you the essentials about the domestic markets of your concern, including market structure, organisation, actors, projects and business perspectives.
Energy and Climate Databases
Market Analysis