It’s the third time DNR has granted such an extension in the past three months, citing the coronavirus pandemic’s impact on the oil industry.
"Division of Oil and Gas"
Opponents of citizens initiative to boost oil taxes have formed a bipartisan coalition
The group, OneAlaska, does not appear to include any oil industry leaders, though several of its members work for companies or organizations with ties to the industry.
What happens when an oil producer moves into the neighborhood?
Hilcorp Energy Company began exploring for natural gas and oil this fall in an Anchor Point neighborhood where many own their mineral rights. Some residents near the drill site have struggled to get information from the company.
Dunleavy selects Corri Feige as natural resources commissioner
Corri Feige is not new to the agency she will now lead — she was previously the head of DNR’s Division of Oil and Gas under Gov. Bill Walker.
Oil production is up, and DNR expects it to keep climbing
Production was up about 3 million barrels, and the state is predicting that it’s going to be up next year too.
For first time, Cook Inlet oil and gas lease sale has no bidders
“Companies are looking to make investments, they need some degree of certainty, and there is nothing but uncertainty right now in the Alaska oil and gas industry,” an AOGA representative said.