Trust Recommends Negotiated Oil Gas Lease to Hilcorp
Alaska Mental Health Trust Authority | State of AlaskaState · Anchorage, AK- Disclosed value
- Principal unknown; $3,440–$4,816 annually
- From agendapacket
- Document date
- Jan 22, 2026
The 30-second brief
The Resource Management Committee recommended a negotiated oil and gas lease with Hilcorp Alaska, LLC for 344 acres near Tyonek. The five-year primary term would continue indefinitely by production, with annual rent of $3,440 to $4,816 and a 12.5 percent production royalty.
Hilcorp Alaska LLC holds this contract with Alaska Mental Health Trust Authority | State of Alaska. Its other public contracts on record include work for Borough of Kenai Peninsula and City of Kenai.
Term as filed: Primary term of 5 years; continues indefinitely by production.
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Contract details
- Amount
- Principal unknown; $3,440–$4,816 annually
- Document date
- January 22, 2026
- Term
- Primary term of 5 years; continues indefinitely by production
- Vendor
- Hilcorp Alaska LLC
- Source document
- Alaska Mental Health Trust Authority AgendaPacket Resource Management Committee Meeting Agenda 2026-01-22 (AgendaPacket)
Hilcorp Alaska LLC's other public contracts
More Alaska Mental Health Trust Authority | State of Alaska contracts
Questions about this contract
Who was awarded the government contract by Alaska Mental Health Trust Authority | State of Alaska?
Hilcorp Alaska LLC was awarded this government contract by Alaska Mental Health Trust Authority | State of Alaska, as recorded on January 22, 2026. The contract value is Principal unknown; $3,440–$4,816 annually.
How much is the Hilcorp Alaska LLC contract with Alaska Mental Health Trust Authority | State of Alaska worth?
The Hilcorp Alaska LLC contract with Alaska Mental Health Trust Authority | State of Alaska is valued at Principal unknown; $3,440–$4,816 annually.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Alaska Mental Health Trust Authority AgendaPacket Resource Management Committee Meeting Agenda 2026-01-22 (AgendaPacket), dated January 22, 2026 from Alaska Mental Health Trust Authority | State of Alaska. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hilcorp Alaska LLC hold?
Hilcorp Alaska LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Alaska Mental Health Trust Authority | State of Alaska currently buying?
Explore Alaska Mental Health Trust Authority | State of Alaska's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.