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Vol. 7, No. 1 Week of January 06, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


State offers 70 percent of Prudhoe Bay, Point Thomson royalty gas

Phillips and BP tell state that sales of royalty gas to companies wanting to bid in pipeline open season will hurt economics of gas pipeline

Kristen Nelson

Editor-in-Chief

The Commissioner of the Alaska Department of Natural Resources has determined that it is in the best interest of the state to solicit competitive bids for a portion of the state’s royalty share of the natural gas which would be produced from Prudhoe Bay and Point Thomson upon completion of a natural....

    [additional news subjects in this story]

Why a royalty gas sale now?

Minimum cash requirements

Concerns from potential bidders

Producers object to backstopping

In-state demand growth depends on gas price


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