CP busy with NPRA development

 

Cook Inlet Cosmopolitan Unit

BlueCrest Energy is full-speed ahead with an ambitious development plan on its Cosmopolitan Unit off Anchor Point.

The three major producers all said tax reform would lead to more investment.

And it has; some $5 billion pledged to date.

One of the most active is ConocoPhillips Alaska, which recently staked seven well locations in its Greater Mooses Tooth Unit in the National Petroleum Reserve-Alaska (NPR-A).

ConocoPhillips has also begun development drilling at its CD5 drill site on the North Slope. CD5 is the first oil development within the boundaries of the NPR-A and first oil is expected in the fourth quarter of 2015.

Click here to read more.