According to Conoco, the Greater Mooses Tooth 2 drill site could produce up to 40,000 barrels of oil per day. The company aims to begin construction this winter, and complete the project by 2021.
North Slope
Two Utqiaġvik whaling crew members die in apparent whaling accident
North Slope Borough Mayor Harry K. Brower Jr. said that the Borough is not releasing details about the incident until all the facts are gathered and all family members have been notified.
State announces tentative deal with ExxonMobil to supply gas for Alaska LNG project
Agreement links Point Thompson production requirements to deal on Alaska LNG project.
August storms prompt North Slope Borough to file disaster declaration
Emergency Manager Heather Seeman says she’s concerned about the storm season ahead.
Two major Arctic oil projects near approval
Two major oil developments in the Arctic are likely to get the final go-ahead from the Trump administration this fall.
Company hints North Slope oil field could be larger than first estimated
Oil Search told investors this week that the Pikka development could hold 750 million barrels of oil, increasing its original estimate by 50 percent.