SIERRA VISTA, Ariz. — A company wants to lease and develop the
Bisbee/Douglas International Airport for oil and-or gas exploration.
The Sierra Vista Herald says a land researcher from
Gusher State LLC told the Cochise County Board of Supervisors that the company
has been leasing mineral rights for $1 per acre annually for properties along
Highway 191 from Elfrida to Douglas.
The airport’s 2,640 acres sits in the area where the company plans to begin
exploration in Sulphur Springs Valley.
Nine wells have been pumping in northeast Arizona’s Dineh-Be-Keyah field since
Gusher State currently has leased the mineral rights to more than 100,000
public and private acres.
If oil were to be found on any of that acreage, the company says owners would
then be entitled to a one-eighth royalty per barrel.
Information from: Sierra Vista Herald, http://www.svherald.com