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ConocoPhillipsAlaska
@COP_Alaska
Unlocking Alaska's Energy Resources - Tweets from the Alaska communications team. Community policy: bit.ly/3mrTG4d
Anchorage, AKconocophillipsalaska.comJoined February 2014

ConocoPhillipsAlaska’s Tweets

Happy 30-year anniversary to Habitat for Humanity Anchorage. We're proud to have supported several projects over the years, including the ConocoPhillips Alaska Make It Classroom.
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ConocoPhillips Alaska is proud to support the Seward Chamber of Commerce Mount Marathon Race. We wish all the participants – both racers and spectators – a fun and safe race!
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ConocoPhillips Alaska is proud to support the 2022 North Slope Nalukataqs. Nalukataqs, or spring whaling festivals, are joyful events held by whaling captains and crew members. Thank you, Nuiqsut, for inviting ConocoPhillips to celebrate these events with your community.
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On this day of remembrance, we pause to honor those who have sacrificed their lives in service to our country. ConocoPhillips is honored to support Gold Star Peak, Inc., an organization bringing families and veterans together, in nature, to honor the fallen and bring healing.
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ConocoPhillips Alaska achieved first oil production at Fiord West! Made possible by an incredible team and Doyon Rig 26. This rig set a new record for the largest mobile land rig in North America, reaching 35,526 feet. The first well is already exceeding production expectations.
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Food Bank of Alaska is an organization ConocoPhillips Alaska believes in, and one we know is making a sustained positive impact in Alaska. Congratulations on finding and creating your new home where we know you will continue to nourish Alaska’s future.
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Today our GMT2 project was awarded the Project of the Year Award for Environmental Stewardship. We are committed to protecting the environment and are continually seeking to reduce environmental impact, and we are proud to be the recipients of this award!
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EI at the 2021 Winter Forum: In Nov, we ran a matching campaign to benefit the Clare House. Thanks to your efforts & the generosity of Alaskans, donations to Clare House totaled $159,927.40. With the $150,000 match, that means that a total of $309,927.40 was raised!
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EI at the 2021 Winter Forum: Alaska’s risk premium - Why does Alaska cost more? 1) #NorthSlope costs are twice the second most costly region (Latin America/Caribbean) 2) Regulatory risk 3) Political risk 4) Unstable business economy - 12 tax changes in the last 15 years.
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EI at the 2021 Winter Forum: est for Willow = over $10B in public revenue over the life of the project. $2.3B to state, $1.2B to the NSB in property taxes, $7.6B to the Fed Gov't of which $2.6B goes to NPR-A Impact Mitigation Grant Fund for impacted communities.
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EI at the 2021 Winter Forum: GMT2 is on track for Q4 first oil - this is our second major development within the Greater Mooses Tooth Unit. Over 600,000 direct construction manhours with excellent safety performance. Really proud of everyone who has contributed to this success!
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EI at the 2021 Winter Forum: Alpine was discovered in 1994 with an expected ultimate recovery just over 400MMBO. We have now produced over 600 MMBO and we estimate another 600MMBO of remaining resources to be produced though Alpine facilities.
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EI at the 2021 Winter Forum: In addition to Willow, we are planning significant investments for our core assets. Through the coming decade, the estimated capital investments at Alpine Unit, Kuparuk Unit, and Prudhoe Bay Unit is an estimated $10+B capital.
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EI at the 2021 Winter Forum: Exploration prospects could lead to further growth in Alaska and there are potentially more opportunities ahead of us beyond what we know today. All that we are currently doing and looking at pursuing are contingent on a stable fiscal regime.
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EI at the 2021 Winter Forum: Dec. 13 is Kuparuk's anniversary! Congratulations to Kuparuk for 40 years of responsible development. Original estimates for recoverable oil were 1.6 billion barrels. More than 2.5 billion barrels have been recovered to-date.
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EI at the 2021 Winter Forum: Through Q3 of 2021, invested $698MM in capital in AK (on target to invest ~$1B in 2021), incurred $807MM in taxes and royalties to AK and an additional $173MM in federal taxes and royalties.
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