The effect of exploration on resource estiates for the Alaska Outer Continental shelf
Resource estimates generated prior to exploration drilling of the Alaska Outer Continental Shel f (OCS) indicated the general optimism held for this vast frontier area. Drilling in six of the most promising planning areas indicates less potential than previously anticipated. Recent resource estimates reflect the fairly negative drilling results, showing a marked decline in resource potential for the drilled areas. Numerous traps, plays, and structural provinces remain untested in each of the drilled areas. Though drilling results have tempered optimism, these untested features still provide hope for finding significant resources in the Alaska OCS.