A Trend Break? EIA Sees Jump in Alaska Oil Production in 2026

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The US Energy Information Administration (EIA) projects a 13% increase in Alaska's oil production in 2026, driven by new wells and extended-reach drilling in major North Slope fields, marking the strongest annual increase since the 1980s.

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Alaska’s production outlook is shifting for the first time in nearly a decade, with the U.S. Energy Information Administration (EIA) on Wednesday projecting that North Slope crude output will rise by some 13% next year as two large fields move into high-volume phases. This would mark the strongest annual increase since the 1980s and a rare break from the long decline that has steadily reduced throughput on the Trans-Alaska Pipeline (TAPS). The agency ties the anticipated jump to new wells and extended-reach drilling tied to major North…

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Original article published by OilPrice.com on November 19, 2025.
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