Alaska Administrative Code
Title 11 - Natural Resources
Part 1 - Office of the Commissioner
Chapter 03 - Disposition of Royalty Oil, Gas, or Gas Liquids
11 AAC 03.020 - Procedures to be followed for dispositions
Current through August 30, 2024
(a) If the commissioner disposes of royalty oil, gas, or associated substances by competitive bid, the commissioner will follow the procedures set out in 11 AAC 03.100 - 11 AAC 03.240.
(b) If the commissioner disposes of royalty oil, gas, or associated substances by a method other than by competitive bid, the commissioner will follow the procedure set out in 11 AAC 03.030 - 11 AAC 03.070.
(c) For all dispositions under this chapter, except those to relieve storage or market conditions
(d) When making public the written preliminary findings and determinations prepared under (c)(1) of this section, the commissioner will give written notice of the proposed disposal
(e) When the commissioner disposes of royalty oil, gas, or associated substances to relieve storage conditions, the commissioner will provide public notice appropriate under the circumstances, but need not prepare preliminary findings. However, the commissioner will notify the Alaska Royalty Oil and Gas Development Advisory Board of the storage or market condition, and will prepare final written findings and determinations for the disposal.
Authority:AS 38.05.020
AS 38.05.183
AS 38.06.055