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March 2015

Vol. 20, No. 13 Week of March 29, 2015

Call for new info for state fall sales

The Alaska Department of Natural Resources, Division of Oil and Gas, has a call out for new information for its 2015 fall areawide oil and gas lease sales: Beaufort Sea, North Slope and North Slope Foothills.

The division is requesting “substantial new information concerning these areas that has become available over the past year” and said that based on the information it receives it will either issue supplements to final best interest findings or decisions of no substantial new information.

The most recent best interest findings were issued in 2009 for the Beaufort Sea areawide and in 2008 for the North Slope, with the latest supplement to both findings in 2011. The most recent North Slope Foothills finding was issued in 2011 and no supplements have been issued.

Best interest findings are good for 10 years; new information is solicited each year prior to the sales.

Information is due by 5 p.m., April 20.

- Petroleum News






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