ConocoPhillips Reports On Greater Willow-North Slope Program

Drilling Activity Details

Locations

AK
United States

Operators
Post Date
Shore Type
Geo Coordinate

Drilling Activity Summary

Description

According to a ConocoPhillips report, the company’s Greater Willow-North Slope exploration program in Alaska has made significant progress since 2016. Based on exploration results to date, the company now believes it has captured 0.5 to 1.1 Bbbl of oil equivalent of gross discovered resource, with 75% of its prospective exploration acreage still to be drilled. In the Greater Willow area, the company now estimates its 2016-2018 exploration and appraisal campaign has discovered 400-750 MMbbl of oil equivalent of gross resource, with undrilled resource upside. The Houston-based company believes this resource estimate is sufficient to justify developing the area with a stand-alone hub and can be delivered by 2024-2025. The 2018 exploration campaign included the drilling, coring and flow-testing of wells in the Putu and Stony Hill prospects in the Narwhal trend. Additional appraisal is required for both discoveries, but current discovered resource is estimated to be between 100-350 MMbbl of oil equivalent gross.