MMS outlines terms for proposed March Beaufort Sea saleNotice includes royalty suspension volumes, as in 2003 sale, conditional on oil prices below inflation-adjusted $39 per barrel Kristen Nelson Petroleum News Editor-in-Chief
The Minerals Management Service has issued a proposed notice of sale for its next Beaufort Sea sale, tentatively scheduled for March 30 in Anchorage. Alaska Gov. Frank Murkowski has 60 days to comment on the size, timing and location of the proposed sale, and then after addressing any comments it re....
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Royalty suspensions based on price, zone
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