Page 14 Hilcorp Energy increases workload Hilcorp Energy plans to spend $900 million in 2025 on North Slope projects, up from $870 million in 2024, amid an increased drilling outlook. Page 24 ConocoPhillips eyes further discoveries ConocoPhillips is seeking out new prospects in the National Petroleum Reserve-Alaska, including one discovery that it has touted as “Willow West.” Page 30 Exhibit honors TAPS milestone at Tonsina Please join the Alaska Oil & Gas Historial Society for the upcoming exhibit “The First Pipe Laid at Tonsina,” which runs March 27-April 27. Page 38 Rising costs, declining revenue in spotlight State legislators are facing a $500 million deficit for the current and upcoming budget years and must find a way to bridge the gap by July. FEATURES The Link is published in partnership with the Alaska Support Industry Alliance by Fireweed Strategies LLC, 4849 Potter Crest Circle, Anchorage, AK 99516. We actively seek contributions from Alliance members and the oil and gas and mining industry. For advertising information and story inquiries, email Lee.Leschper@FireweedStrategies.com. Our magazine is mailed at no charge throughout Alaska to those interested in resource development and a healthy Alaska economy. To subscribe, email Admin@FireweedStrategies.com. Publisher: Lee Leschper | Editor: Tim Bradner | Production, Design: Will Leschper Contributing Photographer: Judy Patrick ON THE COVER The Trans Alaska Pipeline continues to play a vital role to the lifeblood of Alaska’s oil industry. The 800-mile pipeline is celebrating 50 years of operation this year. Photo by Lee Leschper ON THIS PAGE The Dalton Highway remains a critical link to the state’s natural resource industries. Read more about Alaska’s transportation funding outlook on Page 34. THE LINK: MARCH 2025 6
RkJQdWJsaXNoZXIy MTcxMjMwNg==