80 
MINERALS YEARBOOK, 1967 
 
which was to handle the transport phase of the gigantic liquefied-gas exportation
project, expected delivery of one tanker in late 1969 with the second to
follow in 4 or 5 
months. The first shipment to Tokyo was scheduled before the end of 1969
with both vessels in regular service by 1970. Cost of the vessels was put
at $43 million. 
 
Table 7.—Production of crude petroleum and natural gas 
Year 
Crude petroleum 
 
Natur 
al gas 1 
 
Thousand 42- 
Value 
Million 
Value 
 
gallon barrels 
(thousands) 
cubic feet 
(thousands) 
1968                                
1964                                
1965                                
1966                                
1967                                
10,740 
11,059 
11,128 
14,358 
29,126 
$32,650 
33,627 
34,073 
44,007 
91,164 
4,498 
6,238 
7,255 
11,267 
14,438 
$1,111 
1,719 
1,799 
2,794 
3,610 
 I Comprises gas either sold or consumed by producers, including losses in
transmission, quantities added to storage and increases of gas in pipelines.

 
Table 8.—Oil and gas lease acreage under Federal supervision 
 
Year 
Thousand acres 
1963                         
14,053 
1964                         
11,600 
1965                         
10,184 
1966                         
9,275 
1967                         
7,135 
 Source: 1963-67 Geological Survey, U.S. Department of the Interior. 
 The contract with Tokyo Electric Power Co. and Tokyo Gas Co. called for
annual deliveries of 50 billion cubic feet to start in 1969 and continue
for 15 years. The tankers, 800-feet long with 112-foot beams and drawing
31 feet of water, were expected to make the Kenai-Tokyo round trip in 3 weeks
cruising at 17 knots. The liquefied gas was to be hauled at atmospheric pressure
and minus 259° F. 
 
Table 9.—Oil and gas well drilling and total crew-weeks spent in geophysical
oil and gas 
prospecting in Alaska, 1967 
Region 
 
 
 
 
Drilling 
 
Geophysical, 
crew-weeks 
 
P 
roved field wells 
 
Exploratory 
wells 
 
Total 
Other 
 11 ~ we ~ Wells Footage 
 RefiecGravity  tionmeter seismo—method graph 
 method 
 
Oil 
Gas 
Dry 
Oil 
Gas Dry 
 
 
Alaska Peninsula 
Cook Inlet-Susitna~~ 
Kenai Peninsula          
Northern Alaska          
Total         
42 
1 
1 
 3 
  
1 
 
  
1 
 212 3 2 
 1 7,91227 95 805,9621 7 72,5191 3 17,975 
NA NANA NANA NANA NA 
 
42 
2 
3 
1 
2 27 
 29 106 904,368 
16 264 
 NA Not available. 
1 Cook Inlet-Susitna: 1 fishing, 1 perforating, 4 testing, 11 drilling, and
10 suspended. Kenai Peninsula: 
 1 suspended. Northern Alaska: 1 drilling. 
 Source: Division of Mines and Minerals, Department of Natural Re:ources,
Alaska. Alaska Office of Mineral Resources. International Oil Scouts Association,
Austin, Texas. 
 
 Phillips got underway with constructiôn of the $50 million liquefaction
plant late in the summer. Time required for completion was put at 28 months.
Marathon was to supply 30 percent of the gas from its share of the Kenai
unit with Phillips and associates furnishing the balance from the North Cook
Inlet field. Phillips planned to erect a platform on the North Cook 
 
Inlet structure and to pipe the gas to the plant just north of Kenai near
Nikiski. 
 Union Oil Co. of California continued construction on a giant petrochemical
complex started in 1966 near Nikiski on the Kenai Peninsula. Collier Carbon
and Chemical Corp., a Union subsidiary, was handling the construction of
a 1,500-tonper-day anhydrous ammonia plant and a