Conoco aims to up North Slope production with new drilling rig

Conoco’s new Extended Reach Drilling Rig will allow the company to access more from a single drill site (Image courtesy ConocoPhillips Alaska)
ConocoPhillips Alaska has announced plans for a new drilling rig on the North Slope that will more than double the area it can develop from a single drill site.
The company is calling it a “potential breakthrough” and said the rig will increase production by making development possible in areas that are currently hard to reach.
It will a