BLM Offers Largest Number of Tracts Ever for NPR-A Oil and Gas Lease Sale

By on    Featured, North Slope/Northwest Alaska, State  

BLM Offers Largest Number of Tracts Ever for NPR-A Oil and Gas Lease Sale

ANCHORAGE— In keeping with the Administration’s goal of achieving American energy dominance, the Bureau of Land Management today announced that it will hold an oil and gas lease sale in December of 900 tracts within part of the 22.8-million-acre National Petroleum Reserve in Alaska (NPR-A).  The bid opening will be conducted via video livestream.  Production […]

‘Largest’ Shale Oil Reserve Discovered in Texas

By on    Featured, National  

‘Largest’ Shale Oil Reserve Discovered in Texas

Oil explorers in the U.S. state of Texas say they’ve discovered the largest deposit of shale oil in a region known as the Permian Basin. The so-called Wolfcamp formation, explorers believe, could hold up to 20 billion barrels of oil, worth up to $900 billion. The find could be three times bigger than the state […]

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