Global Oil and Gas Exploration and Production Committee Report
ABA Section of Environment, Energy, and Resources
196 GLOBAL OIL AND GAS EXPLORATION AND PRODUCTION 2008 Annual Report1 I. ALASKA A. Legislative Developments The Alaska Department of Natural Resources (ADNR) estimates that some 174 trillion cubic feet of undiscovered, economically recoverable natural gas reserves exist in Alaska.2 Alaska passed the Alaska Gas Inducement Act (AGIA) to encourage expedited development of Alaska's gas resources by offering incentives to companies that produce the state's gas resources and companies that can build a...