Federal News
BLM Conducts Largest NPR-A Oil Lease Sale
March 19, 2026
The Bureau of Land Management (BLM) completed the largest-ever oil and gas lease sale in the National Petroleum Reserve-Alaska (NPR-A) on March 18, 2026, generating approximately $163 million in high bids across nearly 1.3 million acres. This lease sale follows legislative and executive actions that restored access and regulatory certainty for energy development in the NPR-A, signaling renewed federal support for Alaska's energy sector. The sale attracted strong industry interest from major energy companies, reflecting increased opportunities for exploration and production in the region.
- The lease sale involves over 600 tracts spanning approximately 5.5 million acres in the NPR-A, offering significant opportunities for oil and gas contractors and service providers.
- Procurement professionals should note the heightened federal focus on energy security and economic growth in Alaska, which may lead to additional solicitations and contracts related to exploration, drilling, and infrastructure development.
- Companies with capabilities in upstream oil and gas operations, environmental compliance, and land management should evaluate participation strategies aligned with this expanded leasing activity.
- The involvement of major vendors such as ConocoPhillips, Exxon, and Shell indicates a competitive market environment and potential subcontracting opportunities for smaller firms in the region.
Alaska has always had the capacity to lead in energy and resources, but federal barriers prevented us from realizing that full potential. For decades, we were restricted. Those restrictions cost us opportunity, investments, and energy security. Today marks a true milestone in restoring Alaska’s role as a cornerstone of American energy production. This historic lease sale is proof that the world is ready to invest in Alaska when the path is clear.
— Congressman Nick Begich
Today’s historic lease sale in the NPR-A is another clear sign that Alaska’s Comeback is underway—unlocking our vast resource potential, creating good-paying jobs, and strengthening both our state’s energy economy and the energy security of our entire country.
— Senator Dan Sullivan
Today’s historic NPR-A lease sale marks a significant step towards unlocking Alaska’s vast energy potential. I’m grateful to my good friend, Rep. Nick Begich, for being a relentless advocate for Alaska and all his hard work to bolster America’s energy security by unleashing Alaska’s natural resources.
— Majority Leader Steve Scalise
Agencies
Bureau of Land Management, Department of the Interior, United States Senate, United States House of Representatives, State of Alaska
Vendors
ConocoPhillips, Exxon, Shell, North Slope Exploration, Epic
Contracts
$163 million in high bids
Locations
Sources
- Congressman Nick Begich and House Leadership Applaud Historic NPR-A Lease Sale | Representative Nick Begich Alaska at Large · Begich House · Mar 19
- Alaska Delegation Celebrates Largest-Ever NPR-A Lease Sale · Murkowski Senate · Mar 19
- Alaska Delegation Celebrates Largest-Ever NPR-A Lease Sale · Sullivan Senate · Mar 19