Arctic Slope Regional Corporation (ASRC) is the North Slope's Alaska Native regional corporation, formed under ANCSA for Inupiat shareholders. Its subsidiaries operate in petroleum services, government contracting and energy, including methane hydrate and carbon storage projects.
Photo by USFWS HQ, via Flickr · Photo source · CC BY 2.0
asrc.com ↗1230 Agvik St, Utqiagvik, AK 99723, USA
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October 2026
DOE awards ASRC subsidiary up to $49.8 million for Prudhoe Bay hydrate test site
The feds are paying an ASRC company up to $49.8 million to maintain a Prudhoe Bay methane hydrate test site and plan a possible second production test.

September 2026
ASRC Energy Services gets $13.9 million toward North Slope carbon storage hub planning
ASRC Energy Services received $13.9 million in federal funding to plan a North Slope carbon dioxide storage hub through 2028, with no construction decision or funding yet approved.

May 2026
Alaska seeks federal approval to regulate carbon storage wells
Alaska Oil and Gas Commission seeks EPA approval by May to regulate carbon storage wells in the state instead of federal oversight. Approval expected by late 2026 or early 2027. State completed 110-page regulations covering site selection, monitoring, and 50-year operator responsibility. Alaska's deep gas reservoirs offer storage space for carbon dioxide from LNG export and oil operations.

About Arctic Slope Regional Corporation
Photo by USFWS HQ, via Flickr · Photo source · CC BY 2.0
asrc.com ↗1230 Agvik St, Utqiagvik, AK 99723, USA