Oil and gas lease sales Alaska

The Biden administration has canceled one of the most high-profile oil and gas lease opportunities pending before the Interior Department. The decision which halts the potential to drill for oil in over 1 million acres in the Cook Inlet in Alaska comes at a challenging political moment when gas prices are hitting painful new.


Trump S Blm Holds Lease Sale In The Npr A Arctic Landscape Wilderness Society National Wildlife Refuge

In May 1999 the BLM held its first NPR-A lease sale since 1984 offering nearly 39 million acres.

. In March 2010 the North Aleutian Basin was withdrawn from disposition for leasing through 2017 and this sale was canceled. 21 hours agoMay 12 2022 Updated 1153 am. 13 hours agoBiden administration cancels oil and gas lease sales in Alaska Gulf of Mexico The Interior Department will not move forward with planned oil and gas lease sales in the Gulf of Mexico and Alaskas Cook Inlet it announced Wednesday night.

The BLM generally conducts annual oil and gas lease sales in the NPR-A. National Petroleum Reserve in Alaska NPR-A BLM manages more than 22 million acres of surface estate plus the subsurface mineral rights to an additional 650000 acres in the 23 million-acre NPR-A. This decision comes at a time when there is the biggest need.

Lease Sale 217 - Beaufort Sea. The Biden administration on Wednesday announced it will axe three planned oil and gas lease sales in the Gulf of Mexico and Alaskas Cook Inlet effectively halting the potential to sell drilling. 1 day agoThe administration had until the end of the current five-year plan set to expire at the end of next month to complete these lease sales.

1 day agoIts another win for environmental groups after a federal judge last January canceled the Biden administrations late 2021 sale of new oil-and-gas drilling leases in the Gulf of Mexico. That assumes that the price per barrel sits at about 100. Meanwhile the planned sale of two leases lease 259.

Ad Access Your Data Anywhere With Our Integrated Land Management Software. By Zack Budryk - 051122 1003 PM ET The Interior Department will not move forward with planned oil and gas lease sales in the Gulf of Mexico and Alaskas Cook Inlet it announced Wednesday night. Oil Gas Properties Workover Re-Entry Shut-In Utah 3000000.

Proceeds will be used to restore one well to production and drill one new well as well as retire some payables. The cancellation of the previously planned Cook Inlet sale in Alaska as well as the lease sales in the Gulf ensures that millions of acres of. 1 day agoby Breanne Deppisch Energy and Environment Reporter May 12 2022 0856 AM T he Interior Department said it will not move forward with three planned oil and gas lease sales in the Gulf of Mexico.

22 hours agoThe Biden administration has terminated the sale of a million-acre oil and gas lease in Alaska. ET WASHINGTON The Biden administration is canceling oil drilling lease sales in the Gulf of Mexico and Alaskas Cook Inlet triggering furious responses from. Gas prices across the country are on the rise a trend with many have called on the government to take measures to reverse.

One of the most highly valued oil and gas lease opportunity was cancelled by the Biden administration which had a great potential to drill oil over 1 million acres in Alaska. Do You Think Trump Was The Real Winner Of The Election. 1 day agoBiden admin cancels massive oil and gas lease sale amid record-high gas prices Interior Department canceled a 1-million-plus acre oil lease in Alaska as Americans face painfully high prices at the.

Thats due to expire in June WashPost notes. Seeking 3 million loan for Denver-based company with 47500 acres of leases over large shallow oil play in northern Utah. From The Left.

1 day agoLatest Energy News Washington Cancels Alaska Oil Gas Lease Sale By Charles Kennedy - May 12 2022 830 AM CDT The Department of the Interior has canceled a lease sale in Alaska that would have. Search 1000s Of Commercial Real Estate Listings Nationwide. Ad Search Gas Stations For Sale by Property Type Location Price etc.

Yes No Just show the results. 16 hours agoAccording to a 2016 assessment of the proposed lease sales Cook Inlet would have likely produced more than 200 million barrels of oil. 1 day agoPresident Joe Bidens administration has ceased all oil and gas leases to Alaskas Cook Inlet and the Gulf of Mexico as of Wednesday night.

Lease Sale 214 - North Aleutian Basin. A spokesperson for the Interior Department said on Wednesday the Cook Inlet lease sale would not proceed due to insufficient industry interest. One of the proposed solutions has been to increase domestic production however the Biden administration announced Wednesday.

Company has conducted extensive geologic. Revised 5-Year OCS Oil and Gas Leasing Program for 2007-2012 removed Beaufort Sea Sales 209 and 217 and Chukchi Sea Sales 212 and 221 from the program. The Interior Department said in an emailed statement that due to lack of industry interest in.


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