News

sold its leases to Hilcorp in a transaction approved last week, according to documents posted by the Alaska Division of Oil and Gas. Hilcorp affiliates have also acquired a 7-mile pipeline ...
Republicans in Congress are drafting plans to increase oil, gas, and coal lease sales to generate revenue for tax cuts. The plan includes lease sales in the Alaska Arctic National Wildlife Refuge ...
March 26, 2025 Biden administration wrongly nixed oil, gas leases in Alaska refuge, US judge rules A federal judge in Alaska ruled that former President Joe Biden's administration lacked the ...
US Secretary of the Interior Doug Burgum has ... As of April 1, 2025, BOEM manages 2,227 active oil and gas leases covering approximately 12.1 million acres in OCS regions. Of these, 469 leases ...
Federal law requires the Interior Department to plan oil and gas leases in five-year increments ... a new region of the Arctic off the coast of Alaska.
The administration has opened – or reopened – large swaths of government land in Alaska to oil and gas drilling, though only some of those opportunities have drawn much commercial interest in ...
Of these, 469 leases are currently producing oil and gas. BOEM earlier in April increased its estimate of oil and gas reserves in the US Gulf’s OCS by 1.30 billion boe from its 2021 estimate ...
The plan also envisages a restart of the lease sales in the National Petroleum Reserve of Alaska plus quarterly onshore oil and gas lease sales and new offshore tenders. Coal tenders are set for a ...