Oil production rose in 2016, 2017, expected to rise in 2018
Most attention in the U.S. oil and gas industry has focused on unconventionals with the Permian basin being the hottest of the hot shale plays based on operator activity, industry employment and deal flow. However a mere 3,814 miles and 63 hours away by car, lies a conventional oil play haven that hopes to stage a comeback.

Alaskan production peaked in 1998, when the state produced over 2 MMBOPD, and has generally been in decline since. Production bottomed in 2015, when the state p...

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