This provision is for an Agreement where there is the expectation that one or more horizontal wells may be drilled within the Contract Area. This section addresses the drilling of Horizontal Wells and that they shall remain the sole property and information of the Operator
Alaska Proprietary Technology - Horizontal Well - Restriction on Disclosure
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FAQ
The oil and gas industry has repeatedly failed to prevent or contain disastrous oil spills on Alaska's coast. The infamous Exxon Valdez oil spill in 1989 poisoned Alaska's beaches and wildlife, and significantly harmed Alaska's Indigenous communities.
Tough and inadequate infrastructures to respond to major accidents. Unproven technology in such harsh climate conditions. Low knowledge of industrial activity in the Arctic region. Country-specific environmental laws to preserve animals and unique plants species.
Unpredictable ice conditions, and months of darkness mean there's no easy way to keep an oil spill from damaging ecosystems and wiping out wildlife. That's a big concern because there is still no proven way to clean up a spill in the Arctic's frigid waters.
BLM ALASKA OIL AND GAS Oil and gas leasing on Alaska's Federal lands is concentrated in three regions: the Cook Inlet Region on both sides of the Cook Inlet, and along Alaska's North Slope the National Petroleum Reserve in Alaska (NPR-A) and the Coastal Plain of the Arctic National Wildlife Refuge (ANWR).
In order to drill a well for oil, gas, or geothermal resources in Alaska, a person must obtain a Permit to Drill from the Alaska Oil and Gas Conservation Commission (AOGCC).
The Arctic Refuge is an important carbon reserve, locking carbon in the frozen ground. Drilling for oil in the Arctic Refuge would release large amounts of carbon into the atmosphere. Melting sea ice may drive heat waves and other extreme weather events across North America.
