19-11-2015 04:17 via alaskapublic.org

Conoco advances project in NPR-A; Independents snap up North Slope leases

Corrie Feige of DNR’s Division of Oil and Gas reads out bids during the state’s annual North Slope lease sale. Photo: Rachel Waldholz, APRN
ConocoPhillips announced today (Nov. 18) that it will move ahead with construction of a $900 million project in the North Slope’s National Petroleum Reserve.
The project, called the Greater Moose’s Tooth Unit, joins Conoco’s CD5 development, which started production earlier this fall on nearby Alaska Native lands. The two projec
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