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The Cook Inlet Basin is a northeast-trending collisional forearc basin that extends from Shelikof Strait northeastward to the east end of the Matanuska Valley. The basin is divided into three segments including, from northeast to southwest, the Matanuska Valley segment, Cook Inlet segment, and Cook-Shelikof segment. The matanuska Valley segment represents the collapsed onshore part of the basin. The Cook Inlet segment is a significant hydrocarbon province, with more than 1.3 billion barrels of oil and about 8 trillion cubic feet (TCF of gas produced since 1958. No commercial oil or gas production has been established in either the Cook-Shelikof or Matanuska segments of the basin.

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