- ConocoPhillips' (COP -1.9%) planned $1.5B oil development on Alaska's North Slope west of Prudhoe Bay wins approval from the U.S. Bureau of Land Management in a joint decision with the U.S. Army Corps of Engineers.
- COP says the Greater Mooses Tooth 2 drill site 20 miles southwest of the company's existing Alpine Central facility could produce as much as 40K bbl/day of oil; the company aims to begin construction this winter and complete the project by 2021.
- West of the Greater Mooses Tooth sites, COP also is pursuing the Willow project, which the company estimates could produce as much as 100K bbl/day.