The feasibility of a pilot production project on the North Slope of Alaska was computed to determine the production potential of a hydrate accumulation. The production of gas from a 1 mile by 4 mile reservoir block containing hydrate underlain by an accumulation of free gas was simulated and the resulting production profiles were analyzed. Results of the simulations indicate that depressurization of the free gas zone reduces the pressure at the gas-hydrate interface below that necessary for hydrate stability and causes the hydrate to dissociate into methane gas and water.