Houston, Texas (KINY) ConocoPhillips 2018 winter exploration and appraisal program did better than expected.
The original plan was to drill five wells on the Western North Slope that includes two appraisal wells of the Willow Discovery announced in January, 2017. They also planned to drill three exploration wells.
The company announced that due to improved drilling efficiencies, the company was able to drill six wells, including an additional Willow appraisal well.
The new wells have a production potential of 300 million barrels of oil
The three exploration wells represent new discoveries for the company and further extend the play concept across the Western North Slope.
As part of the exploration program, a total of five production flow tests were conducted. Results from all five tests were encouraging.
The company will assess the extensive information and results from this winter’s activities in anticipation of another active exploration and appraisal season in 2019.
ConocoPhillips is the world's largest independent E&P company based on production and proved reserves. They currently employ 11,400 employees.
More from News of the North
Game On to Reopen at New Nugget Mall Location
Juneau, AK (KINY) - The only video game dedicated store in Juneau will soon open up at the Nugget Mall.
Capital Brewfest Bolsters Food, Drink, and Dance for a Good Cause
Juneau, AK (KINY) - The Rotary Club of Juneau and Bartlett Regional Hospital will be hosting the 7th Annual Capital Brewfest this Saturday, offering food, drink, and music all for a good cause.
City of Juneau name Area around SHI Heritage Square
Juneau, AK (KINY) - The City and Borough of Juneau passed a resolution on Monday night that names the intersection of Front and Seward Streets "Heritage Square" in an effort to further recognize the Sealaska Heritage Institute's efforts to make Juneau the Northwest Coast art capital of the world.
From Petersburg to Istanbul - Peter Kenyon of NPR
Juneau, AK (KINY) - University of Alaska students and various members of the community all packed into a lecture hall at UAS in Juneau to hear the stories and wisdom of Peter Kenyon, an International Correspondent for NPR.
Judge Holland calls CBJ vs CLIA on Passenger Fees a Complicated Case
Juneau, AK (KINY) - The lawsuit between the City and Borough of Juneau and the Cruise Lines International Association continues as Judge H. Russel Holland has taken the case under advisement.
Ribbon cutting planned for new road
Juneau, Alaska (KINY) A celebration is planned for the West Douglas Road on September 28.
Emergency test postponed
Anchorage, Alaska (KINY) A nationwide test was postponed by the Federal Emergency Management Agency due to ongoing relief efforts due to Hurricane Florence.
Pets save home owner
Ketchikan, Alaska (KINY) Three fire companies responded to a structure fire in the 400 block of Pond Reef Road.
CBJ Assembly meets
Juneau, Alaska (KINY) An expansion for the Forget Me Not Manor, and honors for Project Playground volunteers highlighted the agenda of the CBJ Assembly Monday.
Water Break Affecting Residents on Glacier Highway
Juneau, AK (KINY) - Residents along the Glacier Highway just before Fred Meyer could experience low or no water pressure.
Juneau Makerspace Opens on Douglas Offering Ceramics, Carpentry, Electronics, and More
Juneau, AK (KINY) - The Maker Space held their Grand Opening at the new Douglas location over the weekend. Visitors toured the space and were treated with some homemade food.
Community helps fire victims
Hoonah, Alaska (KINY) About $300,000 in property damage was reported after a fire at a duplex owned by the US Forest Service.