Abstract 110kb

iii

Executive Summary 611kb

v

Acronyms and Abbreviations 96kb

xix

Table of Contents

xxiii

List of Figures

xxvii

List of Tables

xxx

1

Introduction 705kb

1-1

1.1

 Purpose

1-2

1.2

Scope

1-3

1.3

Methodology

1-6

1.4

Background

1-7

1.4.1

Key Issues Impacting ANS Gas Utilization

1-8

1.4.2

Other Studies

1-10

1.4.3

DOE Program Office

1-11

2

North Slope Oil and Gas Resource Assessment 765kb

2-1

2.1

Background

2-1

2.1.1

Prudhoe Bay Unit

2-4

2.1.2

Point Thomson Unit

2-4

2.1.3

Other Fields

2-6

2.2

Oil and Gas Production

2-6

2.2.1

Reserves Estimates

2-7

2.2.2

Production Scenarios

2-10

2.2.3

Product Forecasts

2-11

2.2.4

Impact of Major Gas Sales on ANS Activities

2-13

2.3

Summary

2-15

3

North Slope Gas Resource Utilization 890kb

3-1

3.1

Gas Utilization Overview

3-1

3.2

Gas Pipeline Options

3-3

3.2.1

Alaskan Natural Gas Transportation System (ANGTS)

3-4

3.2.2

Trans-Alaska Gas System (TAGS) LNG Project

3-4

3.3

Gas-To-Liquids Conversion Process

3-5

3.3.1

Overview

3-5

3.3.2

Synthesis Gas Conversion Processes

3-7

3.3.3

Pyrolysis Gas Conversion Processes

3-12

3.3.4

LNG Liquefaction and Transportation

3-14

3.4

Summary

3-15

4

LNG and GTL Products Markets 438kb

4-1

4.1

U.S. West Coast Oil Products Markets

4-1

4.2

LNG Markets

4-3

4.3

Summary

4-8

5

Economic Analysis 1515kb

5-1

5.1

Comparative Analysis Framework

5-3

5.1.1

Fixed Economic and Technical Parameters

5-4

5.1.2

Variable Economic Parameters and Base Assumptions

5-6

5.2

Baseline Economic Assessment

5-13

5.2.1

LNG Project Economics

5-13

5.2.2

GTL Project Economics

5-14

5.2.3

Economics for Prudhoe Bay Unit with Major Gas Sales

5-15

5.2.4

Economics for Point Thomson Unit with Major Gas Sales

5-17

5.2.5

State and Federal Government Revenue

5-18

5.2.6

Baseline Economic Summary

5-19

5.3

Sensitivity Analysis

5-19

5.3.1

PBU and PTU Economic Sensitivity with Gas Sales to LNG Project

5-20

5.3.2

PBU and PTU Economic Sensitivity with Gas Sales to a GTL Plant

5-21

5.3.3

LNG Project Economic Sensitivity

5-23

5.3.4

GTL Conversion Plant Economic Sensitivity

5-23

5.3.5

Summary Discussion

5-24

5.4

Analyses Using the Flat Oil Price Forecast

5-25

5.5

Delaying Major Gas Sales Until 2010

5-26

5.6

Summary of Economic Results

5-27

6

Discussion, Conclusions, and Recommendation 342kb

6-1

6.1

Discussion

6-1

6.1.1

Study Approach

6-2

6.1.2

Gas Sales - Base Economics

6-3

6.1.3

6.2

6.3