| Summary: | This analysis explores the economic impacts associated with the development of the Northstar oil field on Alaska's North Slope. It is based on the most current information about the project and updates an earlier study by the Institute of Social and Economic Research (ISER) entitled The Northstar Project:Economic Impacts, published in April 1996. The analysis is based in large part on information provided to ISER by British Petroleum Exploration (Alaska), Inc. Since the project is under continuous review and subject to regulatory and judicial delays of uncertain length the parameters of the project are subject to change. However the general description of the economic effects of the project are unlikely to change dramatically as evidenced by the general agreement regarding project economics in this analysis and the prior study. The general methodology of this analysis is similar to that outlined in the prior ISER study entitled Marginal Oil Field Development: The Economic Impact, published in June 1995. BP Exploration (Alaska) Inc.
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