$10.9M from State North Slope Lease Sale
The annual sale saw competition for Shell’s recently relinquished offshore tracts plus the first bid on a North Slope Foothills tract in a decade.
The annual sale saw competition for Shell’s recently relinquished offshore tracts plus the first bid on a North Slope Foothills tract in a decade.
The state’s North Slope areawide oil and gas lease sale saw a significant uptick in activity and revenue compared to last year, with more than $5 million in winning bids on seventy tracts.