ConocoPhillips Co. and Encana Marketing (USA) Inc. are challenging Plains All American’s plans to implement a surcharge on its Cactus II crude oil pipeline, a 5.0-cent/bbl fee designed to offset costs related to U.S. tariffs on steel imports.
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ConocoPhillips is eyeing higher spending this year than originally forecast to expand development in the United States, with output from the “Big 3” unconventionals alone climbing 26% year/year, the Houston-based super independent said Tuesday.
A group of majors and independents, including founding members ExxonMobil Corp., Chevron Corp. and ConocoPhillips, on Tuesday announced a partnership to establish the first industry blockchain consortium in the United States.
ConocoPhillips reported increased earnings and higher production in the third quarter, especially from its top three onshore assets in the Lower 48, as it moved forward with projects in Alaska and Louisiana.
A subsidiary of ConocoPhillips reported first oil production from its prospect within the National Petroleum Reserve in Alaska (NPR-A) and said it was moving closer to a decision on whether to drill a second proposed project on the North Slope.
The Interior Department’s Bureau of Land Management (BLM) has issued a final supplemental environmental impact statement (SEIS) for Greater Mooses Tooth No. 2 (GMT2), a $1.5 billion development on Alaska’s North Slope first proposed by a subsidiary of ConocoPhillips three years ago.
The Willow discovery, a ConocoPhillips prospect in the National Petroleum Reserve in Alaska, may hold up to 750 million boe and could be rich enough to justify constructing a standalone crude oil hub in the region, management said this week.
The Interior Department’s Bureau of Land Management (BLM) confirmed that it has received a request by a subsidiary of ConocoPhillips to prepare an environmental impact statement (EIS) for a prospect within the National Petroleum Reserve in Alaska (NPR-A), which could open the area to more oil and gas development over the next decade.
Houston-based ConocoPhillips said Monday it drilled more wells than planned during its winter exploration and appraisal program on Alaska’s western North Slope with encouraging results.