Alaska Native-Owned ASRC Publishes Informative Factsheets on ANWR Oil and Gas Development
Over the past several weeks, renewed legislation calling to open up a section of the Arctic Natural Wildlife Refuge (ANWR) for oil and natural gas development has been making its way through Congress. The bill, proposed by Chairman of the Senate Committee on Energy and Natural Resources Lisa Murkowski (R-AK), would allow for the Department of Interior to make 800,000 acres of land in ANWR available for drilling lease sales, and is expected be marked up by the Committee this Wednesday.
In anticipation of Wednesday’s bill markup, the Arctic Slope Regional Corporation (ASRC), an oil and gas operator owned by and representing the business interests of its approximately 13,000 Iñupiaq shareholders, published two informational pamphlets on ANWR. The first is a fact sheet which gives some background information on the ANWR area and ASRC. The second piece is a brochure that provides some more in-depth facts and figures on ANWR, Alaskan oil and gas development, and the views of native Alaskans who live in the area.
Below are just some of the interesting takeaways from ASRC’s pieces:
- ANWR is 19.6 million acres in size, or the combined size of Massachusetts, Rhode Island, Vermont and New Hampshire.
- The area currently under negotiation to be opened for development – known as the 1002 Area – is only eight percent of ANWR’s total acreage. Within this 1002 Area, proposed legislation would allow for just 2,000 acres of surface development, or roughly 1/5th the size of Dulles International Airport in Virginia.
- The 1002 Area is about 1.5 million acres of land on the Coastal Plain of ANWR that was designated specifically for exploration of its oil and natural gas potential.
- The ASRC has been the largest locally-owned and operated business in Alaska for 23 years. In addition to its 12,000+ employees in Alaska, the Corporation employs people in 37 other states across the nation..
- Opening ANWR 1002 Area to oil and gas development enjoys a great deal of support in Alaska, including: the majority of Alaskans; 100 percent of Alaska Governors and Congressional delegates since 1980; the Alaska State Legislature; as well as the majority of North Slope tribal and village leadership.
- Allowing for development in the 1002 Area is estimated to generate over $1.1 billion in revenue for the federal government over the next 10 years, according to the Congressional Budget Office.
- According to the S. Geological Survey, the Coastal Plain is believed to hold an estimated 10.4 billion barrels of recoverable oil.
- Allowing oil and gas development to take place in the 1002 Area of ANWR would generated roughly $440 billion in revenue and create between 55,000-130,000 new jobs.
ASRC ANWR Fact Sheet
ASRC ANWR Brochure