Lease

The Alaska Department of Natural Resources (DNR) said there were no bids placed in an oil and gas lease sale for the Cook Inlet and the Alaska Peninsula on Thursday, marking the first time in state history that there were no bidders for the inlet.

Multi-billion-dollar plans for three natural gas-consuming methanol plants in the Pacific Northwest were scaled back Tuesday to two plants as the largest proposed facility at Port of Tacoma, WA, was scrapped by the developer, a China-based consortium.

Multi-billion-dollar plans for three natural gas-consuming methanol plants in the Pacific Northwest were scaled back Tuesday to two plants as the largest proposed facility at Port of Tacoma, WA, was scrapped by the developer, a China-based consortium.

Prices, not protesters, were blamed for low turnout by industry Wednesday at the Bureau of Ocean Energy Management’s two Gulf of Mexico oil and natural gas lease sales.

The U.S. Bureau of Land Management (BLM) office in Reno, NV, held an oil/natural gas lease sale involving more than 50,000 acres in two northern counties on Tuesday, and the market spoke loud and clear above the chanting of protesters from the national “Keep It in the Ground” campaign that wants to end leasing on public and tribal lands.

Nearly 45 million acres in the Gulf of Mexico (GOM) will be offered in March to producers for oil and natural gas leasing, federal officials said Thursday.

The Pennsylvania Board of Game Commissioners has approved an agreement to lease 5,870 acres of land in the northeastern part of the state to Chief Oil & Gas LLC, netting the agency a bonus payment of more than $14.6 million plus royalties and other fees.

The U.S. Bureau of Land Management (BLM) in Colorado said Monday that it is seeking public comments on a proposal to offer 18,349 acres in Garfield and Mesa counties in a competitive oil and natural gas lease sale later this year.

The U.S. Bureau of Land Management (BLM) on Wednesday cited uncompleted talks with Native American stakeholders as the reason to cancel a planned Colorado oil and natural gas lease sale that was scheduled for Thursday (Feb. 11).