ARCO, Anadarko dominate Alaska NPR-A sale

Who got what in NPR-a sale [339,749 bytes] ARCO Alaska Inc. and Anadarko Petroleum Corp., bidding as partners, dominated a recent National Petroleum Reserve-Alaska onshore lease sale. Six companies participated in the sale, offering apparent high bids of $104,635,728 for 134 North Slope tracts-all but a few in the northeastern corner of NPR-A (see map). The ARCO-Anadarko partnership picked up 92 of the blocks. The U.S. Bureau of Land Management said the sale attracted 174 bids totaling $124,951,166 (OGJ, May 10, 1999, Newsletter). Companies concentrated their bidding in the coastal region between the Colville River and Teshekpuk Lake, in the general area...

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