Alaska Subsurface Underground Gas Storage Lease and Agreement (From a Surface Owner, With No Right to Use the Surface of the Lands being Granted)
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Most likely, if you own land in Alaska, the state of Alaska owns what lies beneath. These ?subsurface rights? are dominant over your rights as a surface landowner and you cannot deny reasonable access to the state's resources, which could include anything from precious metals to oil and gas. Knowing Your Surface Rights - Denali Citizens Council denalicitizens.org ? uploads ? 2011/04 ? Att... denalicitizens.org ? uploads ? 2011/04 ? Att...
The entire well construction process ? including hydraulic fracturing ? takes about two or three months.
The state The act also gave Alaska the right to all minerals underlying the selections, and required that the state either retain mineral rights when conveying surface estates to private entities or return those rights to the federal government. Oil and Gas Acvity on Your Property? alaska.gov ? Documents ? Programs ? 20... alaska.gov ? Documents ? Programs ? 20...
The AOGCC approves drilling plans submitted with an application for Permit to Drill. The permit application is reviewed by the Commission's professional staff and the approval process typically takes 5 working days for a routine oil and gas production or injection well. How to Apply, Alaska Oil and Gas Conservation Commission Alaska Department of Commerce, Community, and Economic Development (.gov) ? web ? aogcc ? Ho... Alaska Department of Commerce, Community, and Economic Development (.gov) ? web ? aogcc ? Ho...
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.
To own oil or any other mineral coming from your land, you must have mineral rights in addition to your property rights. In other countries, the government has a sovereign claim over all mineral rights. In the United States, private individuals can own mineral rights, unless already reserved by the government.
The Arctic Alaska (onshore) province is endowed with original oil reserves of 16.4 billion barrels and a discovered total of 70 billion barrels of oil in place. The Arctic Alaska (onshore) province produces about 1.5 million barrels per day and accounts for nearly 25 percent of all current U.S. daily oil production.