Alaska Trends

T

ikahtnu means “big water river” or “ocean river” in Dena’ina Athabascan, referring to the inlet from the northern Pacific Ocean that Captain James Cook entered in 1778. The British Admiralty was hoping Cook would discover the Northwest Passage, but his only achievement in Alaska was completing maps of the coastline begun by Russian and Spanish explorers.

Cook was unable to appreciate the treasure buried beneath the big water river. Geologic forces created hydrocarbon reservoirs below the silty seabed. Unocal tapped that resource in 1959, discovering a major natural gas field not far from Swanson River, where Richfield Oil had drilled a successful well two years earlier. It wasn’t the first such discovery in Alaska; the tiny village of Katalla, across the mouth of the Copper River from Cordova, became a boom town after a gusher in 1902, but production ended thirty years later when the local refinery burned down.

Katalla was always considered too remote to become Alaska’s industrial heart, but the oil and gas from the Tikahtnu region had the advantage of proximity to the newborn state’s population center. Anchorage, the Matanuska-Susitna Borough, and Kenai Peninsula owe their prosperity to the energy pumped out of the big water river. Natural gas supplies electricity and heat; without it, the region might depend on coal mined from Healy or the smoky bluffs of Kachemak Bay.

This edition of Alaska Trends quantifies the riches of natural gas from Cook’s inlet. The resource has lately lagged behind the region’s demand, as described in this month’s article “Running on Fumes” by Alexandra Kay, but it’s not exhausted yet, and new explorers are working hard to keep the flame burning.

Vector image of oil rig on top of organic matter filled ground
5 Exploratory Units
BLM-Alaska currently administers five exploratory units (Beluga River, Birch Hill, Beaver Creek, Kenai, and Swanson River) in Southcentral Alaska.
27 Leases
There are 27 federal leases in these units (these units include federal, state, CIRI, and fee leases) totaling 16,766.77 acres.
11 Wells
Eleven grassroots wells have been drilled in the Kenai Unit.
Alaska Natural Gas Marketed Production Over Time
Line graph of Alaska Natural Gas Marketed Production Over Time
Vector image of oil rig
3rd Largest Producer
Alaska is the third-largest natural gas producer in the United States after Texas and Pennsylvania. Alaska reinjects more of that natural gas back into the ground than in any other state.
Hilcorp for the Win
Hilcorp Alaska operates all of the federal Cook Inlet units. Its efforts to increase oil and gas production from mature fields have proven successful.
Sedimentology and Stratigraphy of Economically Significant Formations
Geologic information about hydrocarbon systems is essential for attracting new exploration. Below is a field-based study of economically significant formations in Cook Inlet currently producing oil and gas (Cenozoic nonmarine strata) or have the potential to host commercial hydrocarbons (Mesozoic marine strata).
Vector image of oil rig in water
Graph of Sedimentology and Stratigraphy of Economically Significant Formations
Vector image of oil rig on top of organic matter filled ground
5 Exploratory Units
BLM-Alaska currently administers five exploratory units (Beluga River, Birch Hill, Beaver Creek, Kenai, and Swanson River) in Southcentral Alaska.
27 Leases
There are 27 federal leases in these units (these units include federal, state, CIRI, and fee leases) totaling 16,766.77 acres.
11 Wells
Eleven grassroots wells have been drilled in the Kenai Unit.
Alaska Natural Gas Marketed Production Over Time
Line graph of Alaska Natural Gas Marketed Production Over Time
Vector image of oil rig
3rd Largest Producer
Alaska is the third-largest natural gas producer in the United States after Texas and Pennsylvania. Alaska reinjects more of that natural gas back into the ground than in any other state.
Hilcorp for the Win
Hilcorp Alaska operates all of the federal Cook Inlet units. Its efforts to increase oil and gas production from mature fields have proven successful.
Vector image of oil rig in water
Sedimentology and Stratigraphy of Economically Significant Formations
Geologic information about hydrocarbon systems is essential for attracting new exploration. Below is a field-based study of economically significant formations in Cook Inlet currently producing oil and gas (Cenozoic nonmarine strata) or have the potential to host commercial hydrocarbons (Mesozoic marine strata).
Graph of Sedimentology and Stratigraphy of Economically Significant Formations