29/04/2026
New federal data confirms what Alaskans are seeing on the ground: our state’s oil and gas resource base is expanding—and that has real implications not just for our economy, but for national security.
According to the latest U.S. Energy Information Administration report:
✔️ Alaska crude oil reserves increased 5% to 3.1 billion barrels.
✔️ Alaska natural gas reserves grew nearly 7% to 103 trillion cubic feet.
Increased activity and new developments across the North Slope are delivering results. Projects like ConocoPhillips’ Nuna and Willow developments, Hilcorp's continued investment at Prudhoe Bay, and advancement of Santos' Pikka Project are adding to Alaska’s long-term production outlook.
But this is bigger than production numbers.
At a time of global instability and energy competition, Alaska energy is American energy. Every new barrel and every cubic foot produced here reduces reliance on foreign sources, strengthens supply chains, and gives the United States and its allies greater strategic flexibility.
Growing reserves mean more opportunity—supporting jobs, strengthening state revenues, and reinforcing Alaska’s role as a secure, domestic energy backbone for the nation.
With additional development ahead, including new wells and major infrastructure like Alaska LNG Project, the trajectory remains strong.
Alaska’s resource potential is steady and growing—and in today’s world, that’s not just good news. It’s a strategic advantage. 🇺🇸