The field has estimated reserves of 1.2 billion barrels.
Representatives of Spanish oil company Repsol and its American partner, Armstrong Energy said on Thursday, March 9, about the opening of new oil fields in Alaska.
This Deposit is the largest of the public land in the territory of the United States over the past 30 years.
The volume of recoverable hydrocarbon reserves estimated by the company itself, is 1.2 billion barrels. From 2021 daily oil production there could reach 120 thousand barrels.
Note, the company Repsol was involved in exploration in Alaska since 2008.
Recall, the US authorities allowed exploration and production of oil and gas in vast areas of the Gulf of Mexico.
According to the materials: