State finalizes Beaufort lease expirations

The Alaska Department of Natural Resources finalized the expiration of 13 leases belonging to four different lessees in the state waters of the Beaufort Sea in May.

Starting in the eastern North Slope, ConocoPhillips allowed two leases — ADL 390823 and ADL 390824 — adjacent to the northern border of the Point Thomson unit to expire.

Savant Alaska LLC allowed three offshore leases — ADL 390829, ADL 390830 and ADL 390831 — adjacent to the western border of its Badami unit to expire.

Continuing west, independent investor Samuel H. Cade allowed seven leases — ADL 390834, ADL 390838, ADL 390839, ADL 390840, ADL 390841, ADL 390844 and ADL 390845 — in the area near the Duck Island unit and the Liberty project to expire.

Paul Craig allowed one lease — ADL 390852 — north of the Oooguruk unit to expire.

And in Cook Inlet, Louis J. Jacober transferred a 0.1 percent royalty interest in two Cook Inlet leases — ADL 391103 and ADL 391104 — to the Spielman Family Trust. The leases are on the west side of Cook Inlet and operated by NordAq Energy Inc.

—Eric Lidji