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01/21/2026 01:30 PM House FINANCE

Alaska House Finance Committee, Operating Budget Subcommittee · January 21, 2026

House Finance Committee heard the Department of Natural Resources’ fall 2025 oil production forecast, which projects statewide production rising from about 465,000 barrels per day in FY26 to roughly 685,000 bpd by the end of the 10-year outlook driven by new North Slope projects including Pika and Willow.

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