The reserve, about the size of Indiana, is also one of the most promising onshore oil prospects in the country. A recent analysis by the U.S. Geological Survey offered a mean estimate of 8.7 billion barrels in undiscovered oil and 25 trillion cubic feet of natural gas.
Under the current plan, finalized in 2013, half of the nearly 23 million acre reserve is open to drilling. The new plan would increase the area open to development by about 7 million acres. “President Trump has committed to expand access to our Nation’s great energy potential,” Interior Secretary David Bernhardt said in a statement. “Today’s action is one more significant step in the process of delivering on his promise.” The statement said the move was in line with a March 2017 executive order by President Trump.
The BLM posted notice of its Final Environmental Impact Statement on Thursday, and is expected to issue a final Record of Decision within 30 days. Environmentalists and some Alaska Natives, who have lived on the North Slope for millennia and depend on its game for subsistence, are likely to challenge the decision once it’s final.