ANCHORAGE – ConocoPhillips Alaska today announced that its CD5 drill site began producing oil. CD5, part of the Alpine Field, is the first commercial oil development on Alaska Native lands within the boundaries of the National Petroleum Reserve-Alaska (NPRA). CD5 is the second new ConocoPhillips North Slope drill site to come on stream this month. First oil was announced at Kuparuk Drill Site 2S on Oct. 12.
“First oil at CD5 is a landmark for our company, Kuukpik Corporation, Arctic Slope Regional Corporation and for Alaska. This announcement is the culmination of more than 10 years of work and collaboration with key stakeholders, including the residents of the nearby village of Nuiqsut,” said Joe Marushack, president of ConocoPhillips Alaska. “I am thankful to all the stakeholders and hundreds of workers who contributed to the safe and successful completion of this project.”
Click here for the full news release which is also available in the newsroom atwww.conocophillipsalaska.com
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