ARCO has disclosed combined potential reserves totaling about 1.75 billion bbl in two recent Alaska discoveries. If ARCO's estimates are confirmed, the strikes would be the biggest oil discoveries off the U.S. and biggest in the U.S. overall since discovery of Prudhoe Bay and Kuparuk River oil fields, also in Alaska, in 1968-69. ARCO said its Sunfish discovery in Alaska's Cook Inlet has the potential to contain as much as 750 million bbl of gross oil reserves if the structures are filled and ARCO's geologic concepts are demonstrated. In addition, ARCO's Kuvlum discovery in the Beaufort Sea involves a stru...

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