Drilling agreement for major scientific research on North SlopeDrilling Agreement • August 4th, 2022
Contract Type FiledAugust 4th, 2022(North Slope, AK) – Today, the Alaska Division of Oil and Gas approved a drilling agreement on behalf of an international inter-governmental research consortium for test wells on the North Slope to confirm the long-term production prospects of methane hydrate resources. The consortium – of the Japan Oil, Gas and Metals National Corporation (JOGMEC), the U.S. Department of Energy, the U.S. Geological Survey, and the U.S. National Energy Technology Laboratory –– is funding the effort to conduct a long-term production test through 2024.