ConocoPhillips Alaska.

• Author: Slaten, Russ
• Position: INSIDE ALASKA BUSINESS

ConocoPhillips Alaska announced in January its decision to slow the pace of investment on the Greater Mooses Tooth 1 project, or GMT1. ConocoPhillips says the project is challenged by permitting delays and requirements, as well as the current oil price environment. In 2015, ConocoPhillips will continue to shoot seismic over the GMT1 area and progress engineering.

In 2015, ConocoPhillips will continue construction of the CD-5 and Drill Site 2S projects, both of which are expected to reach first production at the end of 2015. ConocoPhillips also intends to...