The U.S. Department of the Interior said on Thursday that it intends to prepare an Environmental Impact Statement (EIS) for a potential 2019 oil and gas lease sale in the Beaufort Sea in federal Arctic waters.
The environmental impact statement will “focus on the potential effects of leasing, exploration, development, and production of oil and natural gas in the proposed lease sale area,” the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) said in a Federal Register notice.
The Beaufort Sea Planning Area offshore Alaska consists of 11,876 whole and partial lease blocks covering roughly 65 million acres of the Beaufort Sea.
Last month, BOEM approved Hilcorp Alaska’s drilling project for the Liberty prospect in the Beaufort Sea, and this was the first approval for a drilling project in Alaska federal waters.
Last December, the Department of the Interior said that an updated resource estimate showed that the mean undiscovered, technically recoverable resources both on and offshore in federal, state, and Native lands and waters in Alaska include 17.6 billion barrels of oil and more than 50 trillion cubic feet of gas.
More at: https://oilprice.com/Latest-Energy-N...re-Arctic.html
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Originally Posted by oyarde
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