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March ANS down marginally from February - May 05, 2024

Alaska North Slope production averaged 481,347 barrels per day in March, down 557 bpd, 0.1%, from a February average of 481,904 bpd and down 0.7% from a March 2023 average of 484,939 bpd. Crude made up 88% of the March volume, averaging 423,728 bpd, up 269 bpd, 0.1%, from a February average of 423,.

According to drilling data published by the Alaska Oil and Gas Conservation Commission, 46 development wells were completed on the North Slope in 2023. That compares with 71 completions in 2022 and 91 in 2019. There were few North Slope wells drilled in 2020 and 2021 because of COVID related restric.

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