Prudhoe Bay Oil Field - Production

Production

Cumulative North Slope oil peaked in 1989 at 2 million barrels per day (320×10^3 m3/d) (Greater Prudhoe Bay: 1.5 million barrels per day (240×10^3 m3/d), but had fallen to 943,000 barrels per day (149,900 m3/d) in 2005, while Greater Prudhoe averaged 411,000 barrels per day (65,300 m3/d) in December, 2006 and Prudhoe itself averaged 285,000 barrels per day (45,300 m3/d). Total production from 1977 through 2005 was 11 billion barrels (1.7×10^9 m3).

As of August 2006, BP estimated that 2 billion barrels (320×10^6 m3) of recoverable oil remain and can be recovered with current technology.

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