ConocoPhillips, Anadarko approve Alpine Satellites.

• Author: Pilkington, Steve
• Position: Anadarko Petroleum Corp. - Oil fields - Brief Article

ConocoPhillips and Anadarko Petroleum Corp. recently announced that the companies have approved the development of two Alpine satellite oil fields on Alaska's North Slope. The project was sanctioned following recent favorable Record of Decision rulings from the Bureau of Land Management and the Corps of Engineers on the Alpine Satellites Environmental Impact Statement.

The project will include two satellite drill sites-CD 3 on the Fiord oil field, and CD 4 on the Nanuq oil field. Both will be located within an 8-mile radius from the Conoco-Phillips-operated Alpine oil field on the border of the National Petroleum Reserve-Alaska.

Plans call for the drilling of approximately 40 wells, with first production scheduled for late 2006 and peak production of...