Associated Oil Fields
The Milne Point oil field is 35 miles (56 km) west of Prudhoe Bay and the leased area, called the Milne Point Unit by the State of Alaska, includes the Kuparuk River Oil Pool, Sag River Oil Pool, and the Schrader Bluff Oil Pool.
The source rock for the Prudhoe Bay Oil Field and neighboring reserves is a potential source for tight oil and shale gas. As of 2013 mineral rights to 500,000 acres overlying the North Slope oil shale had been leased by Great Bear Petroleum whose principal is the petroleum geologist Ed Duncan.
Read more about this topic: Prudhoe Bay Oil Field
Famous quotes containing the words oil and/or fields:
“Mr. Chadband is a large yellow man, with a fat smile, and a general appearance of having a good deal of train oil in his system.”
—Charles Dickens (1812–1870)
“This scene was supposed to be in a saloon, but the censor cut it out. It’ll play just as well.”
—Otis Criblecoblis, U.S. screenwriter. W.C. Fields (W.C. Fields)