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Big Oil Flocks to Alaska in Record-Setting Petroleum Lease Sale | OilPrice.com

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Big Oil Flocks to Alaska in Record-Setting Petroleum Lease Sale | OilPrice.com


The first lease sale in the National Petroleum Reserve-Alaska in seven years became the most successful auction in the area ever, as oil majors bid on hundreds of tracts, signaling they haven’t given up on Alaska’s petroleum resources despite development and court challenges.

This week’s oil and gas lease sale for the National Petroleum Reserve in Alaska, one of five mandated in the next decade under the Trump Administration’s One Big Beautiful Bill Act (OBBBA), drew a record high of $163.7 million in high bids and resulted in 187 leases in total, awarded to companies including ExxonMobil, ConocoPhillips, and a consortium of Repsol and Shell subsidiaries.

The lease sale set a record for Alaska with the most revenue generated ever, the most tracts receiving bids, and the second most acreage sold in a single sale, the Bureau of Land Management said.

The BLM offered 625 tracts across about 5.5 million acres for bid in the sale, revived at the end of last year by the Trump Administration. No lease sales were held in the National Petroleum Reserve in Alaska under President Biden.

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In the first sale since 2019, a total of 11 companies submitted bids on 187 tracts covering 1,334,967 acres.

The Trump Administration, the state of Alaska, and the local oil and gas association welcomed the results of the record-setting lease sale as a vote of confidence for Alaska’s role in American energy dominance, while environmentalists vowed to challenge any oil and gas drilling in court, the way they are already doing for the lease program itself.

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“Today’s lease sale underscores the National Petroleum Reserve in Alaska’s vital role in strengthening America’s energy security while fueling economic growth across Alaska,” Secretary of the Interior Doug Burgum said.

Alaska’s Republican Governor Mike Dunleavy noted that the lease sale “reinforces Alaska’s role as a reliable energy producer, supports high-paying jobs for our families, provides additional revenue to the state, and strengthens American energy security at a time when energy security is more important than ever.”

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The Alaska Oil and Gas Association and other business organizations in the state said that the “strong participation and unprecedented results underscore renewed investor confidence in Alaska’s North Slope and the state’s long-term resource potential.”  

“The Trump administration deserves credit for helping restore access and certainty in the petroleum reserve, allowing industry to step forward with meaningful commitments,” said Steve Wackowski, president and CEO of the Alaska Oil and Gas Association.

“That confidence is critical to advancing responsible development of Alaska’s vast resources, supporting jobs, sustaining the Trans-Alaska Pipeline System, and strengthening U.S. national security in an increasingly uncertain world.”

The National Petroleum Reserve already hosts one massive oil development— the $9-billion Willow project by ConocoPhillips, which was approved by the Biden Administration in 2023, and is expected to start producing oil in 2029. Peak production is designed to be about 180,000 barrels per day (bpd) of crude.

Going forward, the development of any additional resources in Alaska’s National Petroleum Reserve would not be a fast and easy task. The conditions are harsher than in other areas, while environmentalists have vowed to fight both the latest lease sale and any future oil and gas drilling and development plans.

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Two groups represented by Earthjustice, the Center for Biological Diversity, and Friends of the Earth, restarted litigation last month challenging the lease sales and the underlying management plan, which opens 18.5 million acres within the 23-million-acre Reserve to potential oil and gas drilling and infrastructure.? Three other lawsuits also challenge the lease sale or decisions related to it.

“The results of this sale will spell disaster for the surrounding area,” said Hallie Templeton, Legal Director at Friends of the Earth U.S.?

“We will continue to see the Trump administration in court over its blatant disregard of federal law and complete failure to protect this vulnerable and rapidly shrinking area of our planet.”

By Tsvetana Paraskova for Oilprice.com

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Alaska’s David Norris makes it 7 wins in 7 starts at Mount Marathon

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Alaska’s David Norris makes it 7 wins in 7 starts at Mount Marathon


David Norris nears the top of Mount Marathon on Saturday, July 4, during the annual race in Seward. Norris claimed his seventh title with a time of 43 minutes, 8 seconds. (Loren Holmes for ADN)

SEWARD — When David Norris moved to Colorado a few years ago, he figured his career as an elite athlete was more or less over.

Norris, a Fairbanksan who trained as a world-class cross country skier for more than a decade, took a job coaching for the Steamboat Springs Winter Sports Club.

But somehow he has only managed to improve.

Norris won the Mount Marathon men’s race on Saturday, his seventh victory in seven races — putting him just one win off the all-time men’s mark of eight set by the legendary Bill Spencer.

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What little bit Norris may have lost physically, he’s made up for with an alloy of balance and gratitude that continues to motivate him at age 35.

“I view myself as fortunate for sure,” he said. “When I moved to Colorado, that was sort of like me thinking I was done competing.

“I’m a full-time banker now, but I think I have time in my life to prioritize exercise, and my wife and I like to do it together. … It’s what I love to do, and so having races is just like little extra inspiration.”

Racers climb Mount Marathon on Saturday, July 4 during the annual race in Seward. (Loren Holmes for ADN)
Racers descend the gully during the Mount Marathon Race on Saturday, July 4. (Loren Holmes for ADN)

As rain and mist traded punches on the field, the route to the peak was slick and unpredictable.

But Norris used the same approach that helped him win the previous six. He built a lead on the uphill and cruised on the downhill to finish in a time of 43 minutes, 8 seconds.

But even the champion fell victim to a tough race in tricky conditions.

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“I actually fell like, three times,” he said. “Basically, I’d never fallen until this year. I didn’t feel like I really had a great rhythm in the downhill. I was driving to lift my toes, which is just weird, like my legs felt really stiff.”

The conditions meant Norris was unable to improve on the course record of 40:37 that he set in 2024. But the win meant he pulled away from Sven Johanson and Brad Precosky, who he was tied with in the all-time wins category with six.

Racers run down the scree field near the top of Mount Marathon. (Loren Holmes for ADN)
Racers round the flagpole at the top of Mount Marathon. (Loren Holmes for ADN)

Finding himself among the luminaries in the race has been an interesting turn of events as he has grown older and now represents the pinnacle of the race for a younger generation.

“I remember growing up being really excited watching Eric Strabel get the course record (in 2013), and then to be like, part of that now is super special,” he said. “It’s cool how much Eric and those guys inspired me. So hopefully, it’s good for all the junior racers that are out there.”

Following the race, Norris shared a nice moment in the finish pen with his parents, who made the trip down from Fairbanks.

Norris claimed his first title in 2016, followed that up with victories in 2018 and 2021, and now has won four straight starting in 2023. While he isn’t training like he was in those early years when he was a U.S. Ski Team member, what he’s doing is clearly working.

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“I think I’ve gotten better at certain things and maybe weaker at other things,” he said. “But overall, I think I’m maximizing the amount of time I’m putting towards training and I’m having fun, so ultimately if I’m happy and it’s going well, I’m not gonna change it.”

[Anchorage’s Klaire Rhodes earns a 3rd straight Mount Marathon women’s title]

[Thale Randall, Wren Spangler take junior titles at Mount Marathon Race]

Racers make their descent of Mount Marathon on Saturday, July 4. (Loren Holmes for ADN)
A muddy racer passes wildflowers during his descent of Mount Marathon on Saturday, July 4. (Loren Holmes for ADN)

Squamish, British Columbia, runner Jessie McCauley placed second, finishing in 43:54.

McCauley said the Seward conditions were just like being at home as temperatures hovered in the low 50s while rain fell on the runners.

“Coming from Squamish, we’re used to six months of rain, so it kind of felt like home a little bit,” he said. “But, in all honesty, I had a (personal record) today by like, 30 seconds, and I really wasn’t anticipating in these conditions. It just goes to show that temperatures really make a difference, especially on this course.”

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The top five was rounded out by Lower 48 runners.

Kris Burnett makes his descent of Mount Marathon on Saturday, July 4. (Loren Holmes for ADN)

Bayden Menton of Gunnison, Colorado, placed third (44:02), followed by Jackson Cole of Missoula, Montana (44:16). David Kennedy of Boulder, Colorado, placed fifth with a time of 44:43.

Anchorage’s William McGovern finished in eighth after a strong uphill effort.

Next year, Norris said he’ll be back looking for No. 8. But he’s still two wins behind the all-time record holder Nina Kemppel, who won nine.

“Last year, Nina Kemppel gave me a hard time saying I’ve still got a long ways to go to her nine,” he said. “That’s pretty awesome. I’d love to keep racing, and I’ll be doing it my whole life.”





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Gargantuan Rockfish Pulled From The Depths Of Alaska Ocean By Florida Man Is Older Than Your Grandmother

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Gargantuan Rockfish Pulled From The Depths Of Alaska Ocean By Florida Man Is Older Than Your Grandmother


@ryanizfishing / TikTok

Ryan Izquierdo is a prominent figure in the fishing community with millions of followers social media. His most recent catch, a yelloweye rockfish, is not only the most orange fish you have ever seen, it is (probably) older than your grandmother.

He pulled the dinosaur-sized aquatic creature from the depths of the Pacific Ocean in Alaska.

For someone who has done a lot of fishing in remote locations all over the world to get this excited about a new catch should tell you everything you need to know. It is extremely difficult to catch this specific fish at this size!

Who is Ryan Izquierdo?

If you are a member of the angler community, you might already be familiar with ‘Ryan Iz.’ I compare him to a modern-day Jeremy Wade because he also catches prehistoric-looking fish on a rod and reel and documents his adventures on video.

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Instead of a TV show that airs on Animal Planet or Discover Channel, Izquierdo posts on social media. He has more than three million followers on TikTok, 350,000 followers on Instagram and one million subscribers on YouTube.

Ryan Izquierdo travels all over the world to hunt monsters. He spent seven days hunting the world’s fiercest fish in the Amazonian jungle.

He caught some of the biggest golden dorado you will ever see in Argentina.

His recent trip to Texas with Field and Stream saw him catch a literal dinosaur.

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However, most of Izquierdo’s time is spent in South Florida. The Sunshine State is home base.

Wherever he goes, big fish follow. Or maybe it’s the other way around?

A yelloweye rockfish caught in Alaska is older than your grandma.

Ryan Izquierdo’s latest fishing trip brought him out to Sitka, Alaska with ‘Cast Alaska’ Charters and Lodge. It was a once-in-a-lifetime experience.

“Fishing in the most scenic places I’ve ever seen that hold true sea monsters. Every drop feels like it could connect you to a true giant hiding on the bottom. It could take hours, minutes, or not come at all. But when you do connect.. it’s epic!”

Sitka is located in the southernmost region of the state on the Pacific Ocean next to British Columbia near Juneau. The fish were biting!

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Izquierdo caught his first Alaskan halibut.

He also reeled in a few different kinds of rockfish. The quillback rockfish absolutely crushed his jig.

The highlight was a yelloweye rockfish— also known as the Pacific red snapper, red rock cod or the Alaskan goldfish. It was over 90 years old and covered in spines. It was the most orange fish Ryan Izquierdo had ever seen.

He mentioned at the end of the video that the yelloweye rockfish was throwing up her stomach. That is because of a phenomenon known as “barotrauma,” which happens because of rapid decompression. These fish live in such deep water where the pressure keeps its organs in place. The air inside its swim bladder rapidly expands as it nears the surface, which pushes other organs like the stomach out of the mouth.

I don’t know whether or not Izquierdo kept this specific fish for his own consumption, because yelloweye rockfish is a highly sought-after table fare, but there is a way to release deep-sea fish back into the water safely. A device called a ‘SeaQualizer’ is used to compress the fish’s air bladder upon release, which allows them to regain neutral buoyancy and swim away.

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Semi overturns on highway north of Seward, spilling salmon

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Semi overturns on highway north of Seward, spilling salmon


A semi traveling on the Seward Highway overturned north of Seward, spilling diesel fuel, oil and its cargo of salmon and closing the road for several hours overnight into Saturday, Alaska State Troopers said.

Seward-based troopers were dispatched to Mile 15 of the highway, south of Primrose, shortly after 9 p.m. Friday for a report of the crash, troopers said in an online post. A semi with two trailers had overturned, “spilling diesel fuel and oil across the highway,” troopers said.

“At the time of the rollover, the truck was fully loaded with containers of salmon, which vastly covered the highway,” troopers said. Photos of the incident posted to social media showed salmon strewn across the road.

Two semi occupants were taken to Seward Providence Medical Center for evaluation and treatment of what appeared to be minor injuries, troopers said.

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Troopers said a preliminary investigation indicated that the semi “was traveling too fast for conditions, and intoxication was not a factor.”

The crash and resulting cleanup closed the highway until about 4:45 a.m. Saturday, troopers said.

The closure occurred in the hours leading up to Saturday’s Mount Marathon race and Fourth of July celebration in Seward, which draw massive crowds to the Resurrection Bay town each year.





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