Media Advisory: USGS to Discuss First Shale-Oil and Shale-Gas Resource Potential Assessment for the Alaska North Slope

WASHINGTON – Today at 2pm, the U.S. Geological Survey will hold a press briefing regarding the first-ever assessment of the potential of undiscovered, technically recoverable onshore shale oil and gas resources in Alaska’s North Slope.

The assessment, released earlier today, estimates the range from 0 up to 2 billion barrels of oil and from 0 up to 80 trillion cubic feet of gas – representing technically recoverable oil and gas resources, which are those quantities of oil and gas producible using currently available technology and industry practices, regardless of economic or accessibility considerations.

The press briefing can be accessed by dialing 1-888-456-0349 and entering the code USGS.

Who: Anne Castle, Assistant Secretary of Water and Science

Marcia McNutt, USGS Director

Brenda Pierce, USGS Energy Resources Program Coordinator

David Houseknecht, USGS Research Geologist

What: Press Briefing on USGS Assessment of Alaska North Slope Resource Potential

When: Friday, February 24, 2012; 2:00 pm Eastern Time

Media: All credentialed news organizations are invited to participate in the news media teleconference by dialing 1-888-456-0349 and providing the access code USGS. News media will have an opportunity to ask questions following the presentation.

USGS Newsroom

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Parameter	Value	Description
Magnitude	mb	The magnitude for the event.
Longitude	° East	Decimal degrees longitude. Negative values for western longitudes.
Latitude	° North	Decimal degrees latitude. Negative values for southern latitudes.
Depth	km	Depth of the event in kilometers.
Place		Textual description of named geographic region near to the event. This may be a city name, or a Flinn-Engdahl Region name.
Time	1970-01-01 00:00:00	Time when the event occurred. UTC/GMT
Updated	1970-01-01 00:00:00	Time when the event was most recently updated. UTC/GMT
Timezone offset		Timezone offset from UTC in minutes at the event epicenter.
Felt		The total number of felt reports
CDI		The maximum reported intensity for the event.
MMI		The maximum estimated instrumental intensity for the event.
Alert Level		The alert level from the PAGER earthquake impact scale. Green, Yellow, Orange or Red.
Review Status		Indicates whether the event has been reviewed by a human.
Tsunami		This flag is set to "1" for large events in oceanic regions and "0" otherwise. The existence or value of this flag does not indicate if a tsunami actually did or will exist.
SIG		A number describing how significant the event is. Larger numbers indicate a more significant event.
Network		The ID of a data contributor. Identifies the network considered to be the preferred source of information for this event.
Sources		A comma-separated list of network contributors.
Number of Stations Used		The total number of Number of seismic stations which reported P- and S-arrival times for this earthquake.
Horizontal Distance		Horizontal distance from the epicenter to the nearest station (in degrees).
Root Mean Square	sec	The root-mean-square (RMS) travel time residual, in sec, using all weights.
Azimuthal Gap		The largest azimuthal gap between azimuthally adjacent stations (in degrees).
Magnitude Type		The method or algorithm used to calculate the preferred magnitude for the event.
Event Type		Type of seismic event.
Event ID		Id of event.
Event Code		An identifying code assigned by, and unique from, the corresponding source for the event.
Event IDS		A comma-separated list of event ids that are associated to an event.

Parameter

Value

Description

Magnitude

The magnitude for the event.

Longitude

° East

Decimal degrees longitude. Negative values for western longitudes.

Latitude

° North

Decimal degrees latitude. Negative values for southern latitudes.

Depth

Depth of the event in kilometers.

Place

Textual description of named geographic region near to the event. This may be a city name, or a Flinn-Engdahl Region name.

Time

1970-01-01 00:00:00

Time when the event occurred. UTC/GMT

Updated

1970-01-01 00:00:00

Time when the event was most recently updated. UTC/GMT

Timezone offset

Timezone offset from UTC in minutes at the event epicenter.

Felt

The total number of felt reports

CDI

The maximum reported intensity for the event.

MMI

The maximum estimated instrumental intensity for the event.

Alert Level

The alert level from the PAGER earthquake impact scale. Green, Yellow, Orange or Red.

Review Status

Indicates whether the event has been reviewed by a human.

Tsunami

This flag is set to "1" for large events in oceanic regions and "0" otherwise. The existence or value of this flag does not indicate if a tsunami actually did or will exist.

SIG

A number describing how significant the event is. Larger numbers indicate a more significant event.

Network

The ID of a data contributor. Identifies the network considered to be the preferred source of information for this event.

Sources

A comma-separated list of network contributors.

Number of Stations Used

The total number of Number of seismic stations which reported P- and S-arrival times for this earthquake.

Horizontal Distance

Horizontal distance from the epicenter to the nearest station (in degrees).

Root Mean Square

sec

The root-mean-square (RMS) travel time residual, in sec, using all weights.

Azimuthal Gap

The largest azimuthal gap between azimuthally adjacent stations (in degrees).

Magnitude Type

The method or algorithm used to calculate the preferred magnitude for the event.

Event Type

Type of seismic event.

Event ID

Id of event.

Event Code

An identifying code assigned by, and unique from, the corresponding source for the event.

Event IDS

A comma-separated list of event ids that are associated to an event.

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Media Advisory: USGS to Discuss First Shale-Oil and Shale-Gas Resource Potential Assessment for the Alaska North Slope

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