ConocoPhillips Alaska Delivers Nuna Module to North Slope
ConocoPhillips’ Nuna module, delivered to the North Slope’s Kuparuk River Unit, is its first Alaska-made production module in twenty years.
Tag: ConocoPhillips
AOGA Announces 2024 Industry Award Winners
The Alaska Oil and Gas Association this week announced the individuals and companies it will honor with its 2024 Industry Awards.
ConocoPhillips Acquiring Marathon Oil Corporation for $22.5B
Two global oil companies with headquarters about 5 miles apart in Houston, Texas agreed to a $22.5 billion transaction.
ConocoPhillips Alaska Update: Plans for Greater Mooses Tooth 2, Nuna, and Willow
ConocoPhillips announced in December 2023 a Final Investment Decision to move forward with the Willow project, while construction continues in 2024 on the Nuna project. The company updates us on some of the most anticipated North Slope developments.
How to Share Infrastructure on the North Slope
The majority of North Slope infrastructure is financed, constructed, and maintained by private entities to support their oil exploration and production activities. Despite North Slope explorers and operators always having an eye on efficiency, some infrastructure (such as processing facilities) isn’t well suited for sharing among multiple companies. However, other infrastructure does lend itself to common use, such as roads and pipelines.
ConocoPhillips Developing Nuna Project from Kuparuk 3T Drill Site
Construction begins this year, with drilling next year, at ConocoPhillips’ Nuna project, just east of Colville River, using a drill site in the Kuparuk River Unit.
ConocoPhillips Alaska Reports $416M in Q1 Earnings
ConocoPhillips Alaska reported net income of $416 million in the first quarter of 2023, as the company ramps up development of the Willow field.
Willow Is Go, but Arctic Offshore Is No
The Biden administration approved a scaled-down plan for ConocoPhillips’ Willow project while announcing further restrictions on North Slope oil development.
ConocoPhillips Alaska’s Extended Reach Helps Shrink Its Carbon Footprint
ConocoPhillips Alaska’s optimization of new technologies and commitment to sustainable development has enabled it to reduce its footprint in the environment by extending drilling from fewer well pads, providing increased revenue and employment opportunities in the state.
Santos Advances Pikka Project on the North Slope
The final investment decision is “yes” for Australian oil company Santos to proceed with developing the Pikka Project on the North Slope.