Alaska's NPR-A Oil and Gas Lease Auction
Planned · Alaska · Last reported Mar 2026
Source: Bitget
The U.S. government is conducting a significant oil and gas lease auction in Alaska's National Petroleum Reserve-Arctic (NPR-A), offering approximately 5.5 million acres out of the reserve's total 23 million acres. The auction aims to tap into the oil-rich Nanushuk formation and support ongoing projects like ConocoPhillips' Willow project, which targets 180,000 barrels per day by 2029. This auctio
- Status
- Prospective
- Sector
- Oil and Gas, Government
- Location
- Alaska, United States of America
- Updated
- 22 Jul 2026
- Source
- Bitget
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The U.S. government is conducting a significant oil and gas lease auction in Alaska's National Petroleum Reserve-Arctic (NPR-A), offering approximately 5.5 million acres out of the reserve's total 23 million acres. The auction aims to tap into the oil-rich Nanushuk formation and support ongoing projects like ConocoPhillips' Willow project, which targets 180,000 barrels per day by 2029. This auction reflects political commitment to increasing domestic energy output and tests market interest in frontier basins. |
Original sector | Energy |
Location
Country | United States of America (USA) |
State | Alaska |
Source
Source | Bitget |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Government |
Article published date | 2026-03-21 |
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