Alaska is holding oil and natural gas lease sales in November to offer open tracts for development on the North Slope, North Slope Foothills, as well as the Beaufort Sea. The auctions come as experts suggest the North Slope is poised to re-emerge as a major U.S. producing area.
Articles from Npr-A
The Trump administration said Wednesday it plans in December to auction all available tracts within the 22.8-million-acre National Petroleum Reserve in Alaska (NPR-A) for oil and natural gas development.
Following through on a Trump administration pledge to spur energy development in Alaska, Department of Interior (DOI) Secretary Ryan Zinke signed a secretarial order (SO) that includes provisions to jump-start oil and gas production in the National Petroleum Reserve in Alaska (NPR-A).
The Alaska Department of Natural Resources Division of Oil and Gas will offer more than 5,000 tracts of state-owned acreage for oil and natural gas leasing Dec. 14 in the Beaufort Sea Areawide 2016W, North Slope Areawide 2016W and North Slope Foothills Areawide 2016 lease sales.
The U.S. Bureau of Land Management said Monday it will conduct environmental review for a proposed oil and gas production well in the 23 million-acre National Petroleum Reserve in Alaska (NPR-A). If approved, the Greater Mooses Tooth-2 (GMT2) project would be the second oil and gas development project authorized on federal lands in the NPR-A.