ConocoPhillips Alaska
  • Who We Are
  • What We Do
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    What We Do

    ConocoPhillips has a long and proud history in Alaska as the state’s largest oil and gas producer.

    Oil Production

    Policy reform leading to new investment, a stronger economy, and a more prosperous future. GO

    Transportation

    Safely transporting oil and natural gas by pipeline & tanker to bring Alaska's resources to market. GO

    Natural Gas

    Before we drill, drilling and extraction, processing, what is oil used for? GO

    Exploration

    Dedicated to developing energy solutions for today and tomorrow . GO

    Arctic Operations

    Operating in the Arctic presents great opportunities along with great challenges. GO

    Vendor Information

    ConocoPhillips Alaska Vendor Information. GO

  • Sustainable Development
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    Sustainable Development

    Conducting our business in a way that promotes economic growth, a healthy environment, and vibrant communities, now and in the future.

    Environment

    Committed to protecting the environment we share with all Alaskans. GO

    Safety

    At ConocoPhillips Alaska, safety is our first priority. GO

  • In Communities
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    In Communities

    Helping improve the quality of life in the communities where we live and work is a fundamental value for us.

    Community Engagement

    Working diligently to build respectful relationships with our stakeholders. GO

    Volunteerism & the Community

    Our employees believe strongly in being involved in Alaska’s communities. GO

    Community Investment

    We donate millions of dollars to community organizations annually. GO

    Grant Applications

    We believe strongly in neighbors helping neighbors. GO

Our History

History of ConocoPhillips Alaska

ConocoPhillips can trace its heritage back to the greatest oil discoveries in Alaska history, and today the company continues its tradition of exploring new prospects on the Alaska frontier.

Kenai Peninsula/Cook Inlet

Richfield Oil Co., a predecessor of ARCO, which was later acquired by Phillips Petroleum Co., was involved in the early discoveries of oil and gas on Alaska’s Kenai Peninsula and in Cook Inlet. Richfield drilled the first well at Swanson River in July 1957 and struck oil. Alaska’s first governor, Bill Egan, later credited Swanson River with providing the economic justification for statehood. On June 8, 1969, production of liquefied natural gas began at the Kenai LNG Facility for export to Japan. The Plant was for many years the only LNG export facility in the United States. The export license for the plant expired March 31, 2013. ConocoPhillips is evaluating the possibility of applying for a new license. To this day, ConocoPhillips is one of the major natural gas suppliers to the local Anchorage utility market.

Prudhoe Bay

On the North Slope, a different story was being played out. In 1966, ARCO almost gave up on its leases after drilling a number of dry holes. But their last effort, the Prudhoe Bay StateNo. 1 well, struck oil and gas in April 1967. The completion of a second well in March 1968 confirmed the discovery of the super-giant Prudhoe Bay Field, the largest oil field in North America. Today, ConocoPhillips owns 36.1 percent of the Prudhoe Bay Unit and 28.3 percent of the trans-Alaska pipeline, which transports North Slope oil to Valdez for delivery, mostly to West Coast markets.

Kuparuk

ConocoPhillips also owns 55.3 percent of North America’s second-largest oil field, the Kuparuk River Field. The field, located 40 miles west of Prudhoe Bay, was discovered in 1969 by Sinclair Oil Corp., acquired that year by ARCO. ConocoPhillips operates the field and continues to develop it.

Alpine/NPR-A

In March 2000 Phillips Petroleum purchased ARCO Alaska’s assets for $7 billion. Two years later, in August 2002, Conoco Inc. merged with Phillips Petroleum to form ConocoPhillips – and ConocoPhillips Alaska became Alaska’s largest oil and gas producer. The company’s newest field is in the Colville River Unit, also known as Alpine, located 34 miles west of Kuparuk. Since 2000, ConocoPhillips has developed Alpine and a group of satellite fields using horizontal well technology. One of those satellites, CD5, is located inside the National Petroleum Reserve-Alaska, and is expected to produce the first oil from NPR-A when it goes online in 2015. ConocoPhillips owns 78 percent of Alpine.

Exploration

The company also holds 1.2 million acres in state and federal exploration leases on the North Slope, in NPR-A, in Cook Inlet and in the Outer Continental Shelf. These leases represent a major asset for ConocoPhillips and are tangible proof of the company’s commitment to Alaska’s future.​