BLM to hold NPR-A Oil & Gas Lease Sale Dec. 7, 2011
Anchorage—The Bureau of Land Management announced today it will hold an oil and gas lease sale within the National Petroleum Reserve in Alaska on Wednesday, Dec. 7, 2011, at 1 p.m. at the Anchorage Federal Building, Denali Room, 222 W 7th Ave., Anchorage, AK. The BLM will offer 283 tracts comprising approximately 3,060,176 acres in this sale.
“The energy resources of the National Petroleum Reserve in Alaska are essential to meeting our nation’s energy demands and will enhance domestic energy production and decrease dependency on foreign oil sources,” said BLM-Alaska State Director Bud Cribley. “I believe it is possible to develop oil and gas resources, while protecting important surface and subsistence resources. The sale in December reflects the BLM’s mission to balance the protection of natural resources and rural subsistence with the nation’s need for oil and gas development within the NPR-A.”
The tracts offered cover land available for oil and gas leasing within Northeast and Northwest NPR-A and include 178 tracts (1,817,186 acres) within Northeast NPR-A and 105 tracts (1,242,990 acres) in Northwest NPR-A. Currently, there are 169 authorized oil and gas leases totaling 1,361,105 acres within the Northeast and Northwest planning areas of the NPR-A.
For additional information, see the BLM-Alaska website at: http://www.blm.gov/ak.
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The BLM manages 253 million acres – more land than any other federal agency. This land, known as the National System of Public Lands, is primarily located in 12 Western states, including 75 million acres in Alaska. The Bureau, with a budget of about $1 billion, also administers 700 million acres of sub-surface mineral estate throughout the nation. The BLM’s multiple-use mission is to sustain the health and productivity of the public lands for the use and enjoyment of present and future generations. The Bureau accomplishes this by managing such activities as outdoor recreation, livestock grazing, mineral development, and energy production, and by conserving natural, historical, cultural, and other resources on public lands.
Posted: November 1, 2011