12 ALASKA RESOURCE REVIEW FALL 2024 ConocoPhillips, Santos on track to achieve milestones on projects BY TIM BRADNER IT WILL BE ANOTHER BUSY WINTER ON ALASKA’S NORTH SLOPE. ConocoPhillips and Santos are continuing construction of their new Willow and Pikka fields. Santos aims to complete all pipeline installation this winter and is commissioning its new seawater treatment plant delivered this summer to Oklitok Point, where it will operate on a shore-fast barge. ConocoPhillips will also finish installation and commissioning of a new production module for its small Nuna project, which will produce an undeveloped deposit in the Kuparuk River field. Nuna is to begin production in 2025 with a peak rate of 20,000 barrels per day. Santos is still on track to begin production at Pikka in mid-2026, with a first phase peak rate of 80,000 barrels per day. Phase two development at Pikka is expected to follow the start of phase one, Santos has said. ConocoPhillips’ Willow development is expected to start up in 2029 with a peak rate of 180,000 barrels per day. All three projects will add new oil to North Slope production, which has been declining for years. The pace of work on Willow and Pikka ANOTHER BUSY WINTER SET FOR NORTH SLOPE ConocoPhillips’ production module for its Nuna project being delivered to Oliktok dock.
RkJQdWJsaXNoZXIy MTcxMjMwNg==