Tag Archives: gas leases

Devon Energy still owns 74 leases in the Flathead; retirement likely

A very informative article posted late last night to the Missoulian’s web site . . .

While about 80 percent of existing energy exploration leases in the North Fork Flathead have been retired by the world’s leading oil, gas and mining companies, a handful of parcels remain in contention by smaller firms.

Those holdings include nearly 138,000 acres in Flathead County that extend into the Haskill Basin drainage, the primary source of Whitefish’s drinking water supply, as well as along the western edge of Glacier National Park in the Flathead National Forest and underneath Big Mountain.

Continue reading . . .

BP retires oil and gas leases in and near the North Fork

BP has climbed on the bandwagon, retiring their local oil and gas leases, including “a 394-acre parcel near the Polebridge entrance to Glacier National Park.”

The Missoulian has the story . . .

The oil company BP voluntarily gave up its rights to explore for energy along the western border of Glacier National Park, U.S. Sens. Max Baucus and Jon Tester announced Friday.

“Permanently protecting the North Fork for our kids and grandkids has been one of my biggest priorities for many years,” Baucus said in a written statement. “Today’s decision by BP is another step toward that goal.”

The deal takes 1,853 acres out of potential exploration. That includes a 394-acre parcel near the Polebridge entrance to Glacier National Park.

Read the full article . . .

XTO Energy releases more North Fork oil and gas leases

From today’s Missoulian . . .

Another 11 oil and gas exploration leases along the west side of Glacier National Park have been voluntarily released, according to Montana Sens. Max Baucus and Jon Tester.

XTO Energy has decided not to pursue its development options on about 21,000 acres along the North Fork of the Flathead River. That means nearly 79 percent of the area’s oil and gas leases, totaling more than 200,000 acres, have been taken off the table. XTO Energy is a subsidiary of ExxonMobile Corp.

Read the full article . . .