Statement: Chevron, Hilcorp reportedly spend $10 million to get out of Arctic National Wildlife Refuge leases
Latest development demonstrates lack of interest in drilling in remote Alaskan preserve DENVER — Chevron and Hilcorp have paid $10 million to terminate their leases in the Arctic National Wildlife Refuge, according to the Anchorage Daily News, citing page 21 of the 2021 Arctic Slope annual report. A Chevron spokesperson confirmed “Chevron’s decision to formally …
