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Seismic surveys fail to help find oil in Arctic National Wildlife Refuge
(MENAFN)According to the Department of the Interior, strategies for seismic surveys to support find oil in the Arctic National Wildlife Refuge failed because the need of protection for polar bears.
According to Interior spokeswoman Melissa Schwartz, the Kaktovik Inupiat Corp. (KIC), the had company that proposed for permission to carry out the survey, fizzled to act the needed work to spot polar bear dens in the district that would be surveyed.
The failure of the seismic arrangement is the newest in a series of setbacks that have collapsed the decades-long ambition to replace the refuge into an oil-producing frontier.
Alaska’s oil production was declining since the late 1980s, when the state manufactured over 2 million barrels of crude per day. Now its output is about 500 bpd.
According to Interior spokeswoman Melissa Schwartz, the Kaktovik Inupiat Corp. (KIC), the had company that proposed for permission to carry out the survey, fizzled to act the needed work to spot polar bear dens in the district that would be surveyed.
The failure of the seismic arrangement is the newest in a series of setbacks that have collapsed the decades-long ambition to replace the refuge into an oil-producing frontier.
Alaska’s oil production was declining since the late 1980s, when the state manufactured over 2 million barrels of crude per day. Now its output is about 500 bpd.

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