Division issues call for new information

Petroleum News

The Alaska Department of Natural Resources' Division of Oil and Gas has issued a call for new information for areawide oil and gas lease sales in the Beaufort Sea, North Slope and North Slope Foothills. The next sales, the division said, are planned for the second half of the year.

The division issues best interest findings every 10 years for each areawide sale area, and supplements as required.

The most recent best interest findings were issued for the Beaufort Sea in 2019, for the North Slope in 2018 and for the North Slope Foothills in 2021. The division said no supplements have been issued for these areas.

The division is requesting substantial new information. It will then determine, based on the information received, whether a supplement for an areawide BIF is justified.

The division said it "generally considers 'substantial new' information to be published research, studies, or data directly relevant to the matters listed in AS 38.05.035(g) that has become publicly available over the last year."

Substantial new information must be received by 5 p.m. May 6 to be considered.

--PETROLEUM NEWS