Page 7 - Exploration Development News Today

Good morning, everyone. The committee will come to order. We meet this morning to consider opening a very small portion of alaskas 1002 area to responsible Energy Development to meet the 1 billion budget reconciliation instruction that our Committee Received last week. The 1002 area covers 1. 57 million acres of land in northeast alaska within the nonwilderness portion. You can bring it over here sean. I think its important to put this in context in terms of the areas that we are talking about. ...

When Congress Last debated opening anwr to oil and Gas Development, people made arguments about the use of new technology and how it would minimize the impact on anwr. Since then a lot of the claims have borne out in the industry. We will share some of them today. A couple are directional. Extended reach Multi Lateral drilling techniques that allow wells to be drilled in all directions from a well pad kind of like spokes on a bicycle wheel. Directional drilling has been around since the 1970s. B...

There is more brush now than there has ever been in the past they have had to change where they go. This is real. I just left and there is no snow on the ground in fairbanks. It was 30 degrees when i left. That has a real impact as well. When it ices over they have a harder time getting to their food. I hope to see that this body recognizes that. Thank you mr. Alexander. Thank you. Senator lee. Thank you very much. I want to add my support for the opening up of a coastal plain region. This propo...

Good morning everyone. Committee will come to order. We meet this morning to consider opening a very small portion of alaskas 1002 area to responsible Energy Development to meet the 1 billion budget reconciliation instruction that our Committee Received last week. The 1002 area covers 1. 57 million acres of land in northeast alaska within the nonwilderness portion. You bring it over here, sean. Within the nonwilderness portion of an war. And i think its important to put this in context in terms ...

Good morning everyone. Committee will come to order. We meet this morning to consider opening a very small portion of alaskas 1002 area to responsible Energy Development to meet the 1 billion budget reconciliation instruction that our Committee Received last week. The 1002 area covers 1. 57 million acres of land in northeast alaska within the nonwilderness portion. You bring it over here, sean. Within the nonwilderness portion of an war. And i think its important to put this in context in terms ...

Alaskas delegation senator lisa measure cows ki is the chair of the hearing. Welcome back, everyone. Sorry for the extra tenminute delay but we have finished at least these tranche of voting and hopefully well have an opportunity to get through this last panel with an opportunity for questions and conclude the hearing before we have another round of votes. So thats the hope here. This second panel is perhaps more of our technical panel. We have several witnesses present to help answer questions ...

Nonwilderness portion. Important tot is put this in context, in terms of the areas where talking about. War, itself, is 9 million acres, approximately the size of south carolina. The nonwilderness area, this 1002 area, is 1. 5 million acres, approximately the size of delaware. The area here is designated as wilderness, federal wilderness, 8 million acres there. So, when we are talking about an important tot is recognize that there are parts r that are designated wilderness, parts are designated ...

[ gavel ] welcome back, everyone. Sorry for the extra tenminute delay, but we have finished at least this tranche of voting, and hopefully, well have an opportunity to get through this last panel with an opportunity for questions and conclude the hearing before we have another round of votes, so thats the hope here. This second panel is perhaps more of our technical panel. We have several witnesses present to help answer questions about modern development on the north slope and what it might loo...

Of. Welcome back sorry for the extra read ted minute delay but we were voting and hopefully we have an opportunity to get through the last panel with the opportunity to conclude the hearing before we have another round of votes. This second panel is more technical with several witnesses present about modern development on the north slope and joining us today we have the president and ceo komen thanks for being here you also brought your seven with zero your son with you. And also bought the ring...

The second panel is perhaps more of our technical panel. We have several witnesses present to help answer questions about modern development on the north slope and what it might look like in the future. Joining us today are mr. Aaron shut. Aaron is the president and ceo. Thank you for being here. You also brought your son with you which is a great Educational Opportunity for him and we appreciate you both being here. Lois is with us and she has been before the committee before. We welcome her ba...