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40 Million Alaska Acres In Use
In Oil Exploration and Production
KANSAS CITY, UFi — Alaska,
claiming rich oil and gas reserves,
anticipates a surge in exploration
and development as soon as its
transition to Statehood is com
plete.
Phil R. Holdsworth, Alaska
Commissioner of Mines, speaking
Tuesday at the opening session of
the annual meeting of the Inter
state Oil Compact Commission,
said more than 40 million acres of
land are already under lease,
lease offor or application.
“'Field exploration and actual
drilling have been carried on in
termittently in Alaska by private
enterprise since 1902,” Holdsworth
said. Over a period of years 44
wells were drilled and 18 of them
produced a total of 154,000 bar
rels.
There are estimated reserves of
82 million barrels of oil in the
Umiat and Simpson Oil Field and
333* billion cubic feet of gas in
the Gubick, Meade and Barrow
Gas. Fields, Holdsworth said.
The 40 million acres of land
now under lease, lease offer or
application is in federal ownership
as the State 'has made no selec
tions of oil and gas lands under
the new general grant now in
effect — the one million acre
mental health grant.
Problems enumerated by Holds
worth in oil development include
lack of refinery facilities, mar
kets, transportations costs and the
higher cost of exploration and
drilling.
Holdsworth said government
surveys showed nearly one-third
of Alaska’s 375 million acres has
oil and gas possibilities. Under
Statehood, Alaska will eventually
own approximately 30 per cent
of its land area.
Although the Bureau of Land
Management has been swamped
with offers or applications, Holds
worth said, these have been de
layed by the transition of Alaska
from a Territory to a State, nd
the State’s eventual selection of
lands granted the State.
“We (the State) cannot select
any land already under lease un
less those leases had been issued
prior to July 7, 1958, the date of
the Statehood Bill,” he explained.
“On that day, approximately 19
million acres were under lease.
Approximately 17 million acres
covered by oil and gas lease will
be available for selection by the
new State, subject to existing
lease provisions.”
Daisy Duck In Distress
WEST ORANGE, N. J„ UP) —
Police Sergeant Thomas McDon
ald and a duck named Daisy have
held their second annual disaster
clinic on Vincent Pond, spontan
eous and unrehearsed.
Daisy, as she did last year,
spent the night on the pond’s fro
zen surface after it proved too
slippery for her to walk back to
shore.
McDonald and Andrew Olson,
Daisy’s youthful owner, finally
got the duck back with the aid of
weighted ropes and a cornmeal
lure.
“Not again,” was McDonald’s
only comment when he saw the
land-loving duck’s predicament.
After Monday’s rescue, the sedate
Daisy went home with Olson.
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