releases: http://www.murkowski.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=3fd2e01b-47c1-4122-8fe7-441da2f7a46b
Data license: MIT · Data source: dwillis/congress-press
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| http://www.murkowski.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=3fd2e01b-47c1-4122-8fe7-441da2f7a46b | Murkowski: Administration at Fault for Second Oil Companys Decision to Abandon Arctic | 2015-11-17 | 2015 | 2015-11 | Republican | House | AK | Lisa Murkowski | M001153 | www.murkowski.senate.gov | legacy | 11.17.15 Murkowski: Administration at Fault for Second Oil Companys Decision to Abandon Arctic U.S. Sen. Lisa Murkowski, R-Alaska, today issued the following statement in response to the announcement by Norways Statoil that it is ending its Alaska operations and giving back the leases in Alaskas Arctic offshore frontier that the company had won in 2008: I am very concerned that, for the second time in as many months, a major company has decided to walk away from Alaska because of the uncertainty surrounding our federal governments support for Arctic development, Murkowski said. Low oil prices may have contributed to Statoils decision, but the real project killer was this administrations refusal to grant lease extensions; its imposition of a complicated, drawn-out, and ever-changing regulatory process; and its cancellation of future lease sales that have stifled energy production in Alaska. These actions threaten to undermine Alaskas economy, our security, and our environment. Statoils divestment of its 16 leases in the Chukchi Sea comes without the company drilling a single exploratory well in the region. The northern waters off Alaskas Arctic coastline holds an estimated 24 billion barrels of oil and 104 trillion cubic feet of natural gas, according to federal estimates. Statoils Chukchi leases are located roughly 40 miles north of Shells Burger prospect. Murkowski, chairman of the Senate Energy and Natural Resources Committee and Interior Appropriations Subcommittee, is pushing to end the federal governments overreaching regulations, which are hurting Alaskans across the state. It is absurd that Interior has created a regulatory environment where operators cannot have commercially viable exploration programs, because so many requirements and hurdles have been put in place, Murkowski has previously said. In July, Murkowski advanced the Offshore Production and Energizing National Security (OPENS) Act to ensure Alaskans receive a fair share of the revenue from development in the federal waters off its shores. Murkowski has included language in the legislation that would require the federal government to offer annual leases sales in Alaskas offshore, including in the near-shore Beaufort Sea, where the state is already eligible for revenue sharing. Print Email Tweet | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |