Acreage under state oil and gas lease up 10 percent from last year

ARCO, BP, Unocal remain first, second, third; Chevron moves into fourth in total acres leased, gaining 76,943 acres; Forcenergy takes fifth place

Kristen Nelson

PNA News Editor

At 3,213,572 acres, the acreage the state had under oil and gas lease at the end of this year’s third quarter was up by more than 10 percent from a year ago. That figure reflects 324,178 acres leased in sale 86 (Beaufort Sea) in November of last year and 98,011 acres leased at sale 85A-W (Cook Inle....

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ARCO up the most acres