State Receives Three Bids in Cook Inlet Oil & Gas Sale
The Division of Oil and Gas received three bids encompassing 10,286 acres and totaling approximately $190,350 in bonus bids from Hilcorp Alaska.
Tag: Offshore Oil
International Interest in the North Slope
Alaska’s oil potential is global in scale, and international organizations engaged in exploration or development (or both) have been seizing opportunities they see in the Last Frontier.
Fall 2019 Lease Sale to Include SALSA Oil and Gas Sale Blocks
The Division of Oil and Gas will offer Special Alaska Lease Sale Area (SALSA) blocks in conjunction with the Fall 2019 oil and gas lease sale, Commissioner Corri A. Feige said.
New Finds, New Players, New Optimism: 2018 Oil & Gas Review
In January 2018, the Anchorage Economic Development Corporation (AEDC) projected that after an enduring economic recession, things were beginning to look up for the oil and gas sector.
Staying Safe on the North Slope
Working in Alaska’s North Slope can be challenging enough, but a few companies are taking that challenge a step further, drilling from manmade islands into promising basins miles off the coast.