ConocoPhillips Seeks Approval to Expand Drilling Near $7.5 Billion Willow Arctic Project

ConocoPhillips has submitted regulatory filings seeking approval to expand its Arctic drilling operations adjacent to the massive $7.5 billion Willow project in Alaska’s North Slope region. The proposed expansion aims to increase production capacity and extend the lifespan of the company’s Arctic portfolio amid growing global energy demand.

The Willow project, already one of the largest new oil developments in the U.S., has faced extensive environmental scrutiny and regulatory hurdles since its approval. ConocoPhillips’ latest filing outlines plans for additional wells and infrastructure improvements to tap into nearby reserves, potentially boosting output by tens of thousands of barrels per day.

Company officials emphasize the economic benefits of the expansion, citing job creation and increased energy security. “This is a strategic investment that supports domestic production and helps meet America’s energy needs responsibly,” said a spokesperson for ConocoPhillips.

However, environmental groups and some Alaska Native communities continue to oppose further Arctic drilling, highlighting the risks to fragile ecosystems and Indigenous livelihoods. The project is expected to undergo thorough review by federal agencies before any construction activities can proceed.

With energy prices fluctuating amid geopolitical uncertainties, ConocoPhillips’ push to expand Arctic operations signals its commitment to unlocking domestic oil resources despite mounting opposition and regulatory complexities.

Ruth Forbes

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