CPAI surrenders 71 North Slope leases along east edge of NPR-A - December 17, 2023

Providing coverage of Alaska and northern Canada's oil and gas industryDecember 2023

Vol. 28, No.51

Week of December 17, 2023

CPAI surrenders 71 North Slope leases along east edge of NPR-A

Kay Cashman

Petroleum News

Per the most recent lease activity report published by Alaska's Division of Oil and Gas, on Oct. 31 the agency received surrender letters from lessee ConocoPhillips Alaska Inc. on a block of 71 state of Alaska leases adjacent to the eastern edge of National Petroleum Reserve-Alaska.

The block of leases are surrounded by Oil Search (Alaska) leases on the north and east, including Quokka unit leases.

The CPAI leases were the farthest south of all the company's North Slope leases, and directly north of a small group of Strong Energy leases, the only lessee south of the surrendered CPAI leases.

Most of the relinquished CPAI leases were due to expire June 30, 2025.

--KAY CASHMAN

Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
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