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Vol. 19, No. 49 Week of December 07, 2014
Providing coverage of Alaska and northern Canada's oil and gas industry


Royalty relief used sparingly in Alaska

A proposal to lower Nuna royalty rates is only the seventh request over the past 18 years; would be third approval

Eric Lidji

For Petroleum News

With the Walker administration facing a decision to maintain, revise or reject a Parnell administration recommendation to offer royalty relief for the Nuna development, it is be helpful to consider the nearly 20-year history of the royalty relief program in Alaska. Since 1995, the Alaska Department....

    [additional news subjects in this story]

Relief requested for 11 leases

Privately held independent

Two reduced, two sanctioned

Oooguruk in 2005


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