First Beaufort Sea areawide sale set for OctoberRoyalty rates range from 12.5 percent to 20 percent, lease terms are either 7 or 10 years Kristen Nelson PNA News Editor
The state’s first areawide Beaufort Sea oil and gas lease sale, covering approximately 2 million acres, will be held Oct. 13 in Anchorage.
The Department of Natural Resources Division of Oil and Gas published notice July 15 that it will offer 516 state-owned tracts of tide and submerged lands in th....
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Two tracts in dispute Three rates for leases Tract sizes vary
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