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Vol. 31, No. 7 Week of February 22, 2026
Providing coverage of Alaska and northern Canada's oil and gas industry


HB 271: royalty relief

Kitchen Lights state royalty would continue at 3% to promote gas production

Kristen Nelson

Petroleum News

House Bill 271, indefinitely extending the 3% royalty rate approved by the Alaska Department of Natural Resources in 2025 for the Kitchen Lights unit in Cook Inlet, had its first hearing in the House Resources Committee Feb. 4. Rep. Zack Fields, D-Anchorage, the bill sponsor and a member of the com....

    [additional news subjects in this story]

HEX/Furie supports bill

Highest royalty

Success of royalty reduction


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