The company reported Oct. 29 third-quarter 2019 earnings of $3.1 billion, up from $1.9 billion a year earlier.
ConocoPhillips’ Kuparek unit on Alaska’s North Slope is shown on a cold winter day. It is located about 40 miles west of Prudhoe Bay. (Source: ConocoPhillips)
First-half 2019 work in Alaska included drilling seven appraisal wells, a series of horizontal production wells, injectivity and interference tests. Third-quarter 2019 results included completed turnarounds at Prudhoe, West and North Slope and Kuparuk.
Details on the upcoming winter program are expected when ConocoPhillips presents its 10-year capital and financial plan during its annual analyst and investor meeting in November.