Competitive Framework for Alaska: 2012

Heavy Oil Alaska has significant heavy oil potential, probably in excess of 5 billion barrels. Alaska heavy oils range from 10 to 22 degrees API. The most important deposits are: - ● Heavy Oil - 15 – 22 degrees API – West Sak, Schrader Bluff, Orion, Polaris, Nikaitchuq. • Ultra Heavy Oil - 10 - 15 degrees API - Ugnu Separate fiscal terms are required for these two groups. 47

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