Monday, July 21, 2025
US to offer minimum acreage required at Alaska oil and gas auction- oil and gas 360

US to offer minimum acreage required at Alaska oil and gas auction

(Investing) – The Biden administration will offer oil and gas drilling leases in Alaska’s Arctic National Wildlife Refuge at a sale on Jan. 9, the U.S. Interior Department said on Monday. The agency will make 400,000 acres (161,874 hectares) available to drillers at the auction, the minimum required by a law that mandated the sale. ANWR is a 19 million-acre refuge

BP Divests Alaska for $5.6 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360 BP sells its entire Alaskan business to Hilcorp for a total consideration of $5.6 billion BP (stock ticker: BP), through its subsidiary BP Alaska, has agreed to sell its entire business in the state to Hilcorp Alaska, a subsidiary of Hilcorp Energy Company, for a total consideration of $5.6 billion. Under

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ANWR, Unfinished Energy Biz Top Senate To Do List

From EE News Against the backdrop of a bitter government shutdown, the new bipartisan leaders of the Senate Energy and Natural Resources Committee are forging ahead with setting the panel’s agenda for the 116th Congress, huddling this week to talk business before landing at a house party hosted by former ENR Chairwoman Mary Landrieu (D-La.). Following their first meeting this

A Minimum of 5.7 Billion Barrels Await Drillers at ANWR

The Arctic National Wildlife Refuge (ANWR) is located on the northern coast of Alaska, due east of both Prudhoe Bay and the National Petroleum Reserve-Alaska (NPRA). The coastal plain (the 1002 Area) covers 1.5 million acres and is about 8% of the total area of ANWR. USGS 1002 Area Map In its latest (1998) resource assessment, the United States Geological

Alaska

Interior Dept. to Begin Processes to Lease ANWR this Month

From The Washington Examiner Drilling ANWR at least a decade away: Murkowski The Trump administration this month will begin the process of opening the Arctic National Wildlife Refuge to oil and natural gas leasing. Interior Department officials visited Alaskan communities this week to let them know the agency in March will publish a notice in the Federal Register of its

Drilling ANWR’s 1002 Area Edges Closer to a Vote

A quick background In 1960, the Secretary of the Interior signed an order protecting the northernmost parts of Alaska at the federal level. The order protected 8.9 million acres and named it the Arctic National Wildlife Range. In 1980, President Carter signed the Alaska National Interest Lands Conservation Act (ANILCA) into law, renaming and enlarging the Arctic National Wildlife Refuge

Zinke Signs Order to Jump-Start Alaskan Energy Production in the NPR

Order also calls for updating ANWR resource assessments U.S. Secretary of the Interior Ryan Zinke signed a secretarial order to jump-start Alaskan energy production in the National Petroleum Reserve – Alaska (NPR-A) and update resource assessments for areas of the North Slope, including the “1002 area” of the Arctic National Wildlife Refuge (ANWR). “Working with the Alaska Native community, Interior will identify areas

Obama Administration Announcement on ANWR Enrages Critics

The Obama Administration’s announcement of plans to expand protection in ANWR is a ‘declaration of war’ says Alaskan Congresswoman The White House released a revised Comprehensive Conservation Plan Sunday, which will designate 12.28 million acres in Alaska’s Arctic National Wildlife Refuge (ANWR) as wilderness. The new designation would mean that no new drilling could take place in the region. The