Largest US onshore oil discovery found for 30 years in Alaska

The largest onshore US oil discovery in 30 years has been made in Alaska. Oil and gasĀ firms Repsol and Armstrong Energy drilled the Horseshoe-1 and Horseshoe-1A wells in the winter of 2016-2017, which confirmed the Nanushuk play on the North Slope could amount to approximately 1.2 billion barrels of recoverable light oil. The Horseshoe wells […]