ConocoPhillips moves forward with exploratory wells

Posted: Tuesday, September 24, 2002

ANCHORAGE (AP) -- ConocoPhillips (Alaska) Inc. is moving forward with plans to drill exploratory wells in the National Petroleum Reserve-Alaska, the company said Monday.

Plans call for drilling wells this winter south of Smith Bay near the Puviaq site. The company stored a drilling rig this summer on an insulated ice pad at the site.

Drilling is expected to take place between December 2002 and June 2004.

Drilling would not begin until the well pad is accessible by ice road or trail, and not before an airstrip is operational in the area.

If the company gets regulatory approval, ice roads and pads may be constructed in some areas on private lands in Barrow as soon as mid to late November to early December.

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