OTHERPENDING

UA Negotiates New Subsurface Lease with Hilcorp

The University of Alaska Land Management is negotiating a new subsurface oil and gas lease with Hilcorp for multiple university parcels in the Kenai Peninsula. The proposed lease would grant Hilcorp development rights while generating royalty revenue for the university.

Status
PENDING
Document date
May 14, 2026
Contract type
OTHER
Vendor
HILCORP
Agency
University Of Alaska System Of Higher Education · AK

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Scope & details

The full contract record, as filed.

Contract type
OTHER
Contract term
New subsurface lease (term not specified)
Document type
Agenda
Source document
University of Alaska Board of Regents Facilities Committee Agenda 2026-05-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by University Of Alaska System Of Higher Education?

HILCORP was awarded this government contract by University Of Alaska System Of Higher Education, as recorded on May 14, 2026.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in University of Alaska Board of Regents Facilities Committee Agenda 2026-05-20 (Agenda), dated May 14, 2026 from University Of Alaska System Of Higher Education. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does HILCORP hold?

HILCORP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is University Of Alaska System Of Higher Education currently buying?

Explore University Of Alaska System Of Higher Education's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View University Of Alaska System Of Higher Education's profile

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