Alaska’s latest lease sale shows ‘demand for Cook Inlet natural gas remains high’

Thanks to the provisions stipulated in the Inflation Reduction Act (IRA), the U.S. Bureau of Ocean Energy Management (BOEM) has held an oil and gas lease sale for acreage in Cook Inlet, offshore Alaska. On the other hand, the Alaska Department of Natural Resources (DNR), Division of Oil and Gas (DO&G), also held the Cook Inlet Areawide Winter 2022W (CIA 2022WW) Competitive Oil and Gas Lease Sale.