No significant new info for fall sales

Petroleum News

Derek Nottingham, director of the Division of Oil and, has issued a decision of no significant new information May 10 for the state's fall areawide lease sales, the Beaufort Sea, North Slope and North Slope Foothills.

The division issued a call for significant new information for the sales in April. The most recent final best interest findings were issued in 2019 for the Beaufort Sea areawide, in 2018 for the North Slope areawide and in 2021 for the North Slope Foothills, with decisions of no substantial new information issued annually since for each of those sale areas.

The division said there were no timely comments received following its April call.

Dates have not yet been announced for these sales, which typically have been held near the end of the year.

--Petroleum News