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USGS Releases Estimate of Natural Gas in Alaska s Western North Slope USGS Releases Estimate of Natural Gas in Alaska Western North Slope No Estimate Provided for Oil Due to There Likely Being No Recoverable Resources in Assessed Formations Release Date: February 5, 2021 USGS provides its first estimate of conventional natural gas resources in rock formations west of the National Petroleum Reserve-Alaska. The rock formations in this region are believed to contain no recoverable oil deposits, so no assessment was made of those resources in this study. The U.S. Geological Survey (USGS) estimates 1.4 trillion cubic feet of natural gas resources lie undiscovered in the portions of the Alaska North Slope located to the west of the National Petroleum Reserve-Alaska (NPR-A), according to a ....