4-18-13 COP To Increase Production
Fairbanks News Miner/AP. Just days after the Alaska Legislature lowered taxes on the oil industry, ConocoPhillips announced plans to boost investment on North Slope fields. ConocoPhillips is planning to bring an additional rig to the Kuparuk field this spring and working with co-owners to fund a new drill site on the Kuparuk River field, the company said in a Wednesday announcement. According to Energy & Natural Resources communications staff, Keith Chu, Energy and Natural Resources Committee Chairman Ron Wyden (NGP Photo) today announced that the committee voted to favorably report the nomination [...]