
Northern Alaska Oil & Gas Lease Bids Total More than $7 Million
Oil and gas exploration companies offered more than $7 million for the rights to explore for oil and gas on 191,248 acres of State of Alaska land in the Arctic region.
Oil and gas exploration companies offered more than $7 million for the rights to explore for oil and gas on 191,248 acres of State of Alaska land in the Arctic region.
Through the program, Anchorage restaurants have provided premade and hot meals to children, families, and seniors through local nonprofits.
A lot has changed since APD’s humble beginnings as a one-man department in 1921.
Proved reserves of oil and natural gas rose annually in the United States by at least 9 percent in the previous two years (2017–2018), a trend interrupted by relatively low oil and natural gas prices.
The newly updated version of the SHARP program offers repayments for education loans or direct financial incentives and expands participation to cover medical, dental, behavioral health, and other disciplines.
“This right-of-way is the culmination of years of research, planning, and collaboration,” says AIDEA Executive Director Alan Weitzner. “The signing of this permit is a major milestone. It’s the first step in a multi-year phase of feasibility and predevelopment.”