Provides in-depth analysis of the state’s oil and gas resources including evaluation of producing reservoirs and more qualitative appraisal of undiscovered resource potential in all regions throughout Alaska.
Approves surface activities, including new seismic surveys and infrastructure placement for oil, gas and geothermal exploration, development and production on state leased lands.
Manages oil, gas, and geothermal resource lands by making them available for leasing and exploration licensing, and manages the resource over the life of the lease or license.
Validates and confirms accounting and ensures the State receives full value for its state and federal energy resources each year.
Royalty Accounting Team
Calculates, accounts for and distributes over $920 million per year in royalties and revenues owed to the state from oil and gas production and development.
Manages state oil and gas leased lands in development or in production to conserve natural resources, prevent economic or resource waste, and protect correlative rights of the multiple owners to the maximum benefit of all.
Provides the financial expertise that establishes the value of and protects the State’s economic position on energy and resource decision.
Pipeline Services Team
Facilitates the development and sound operation of pipelines on state land under the Right-of-Way Leasing Act.