2023 Production Mix
Full-year 2023 production in the Alaska segment was 195 MBOED.
Alaska
Committed to Alaska
ConocoPhillips Alaska is the state’s largest oil producer with a history stretching back more than 50 years.
CPAI holds major ownership interests in two of North America’s largest legacy conventional oil fields, both located on Alaska’s North Slope: Kuparuk, which the company operates, and Prudhoe Bay. Additionally, CPAI operates several fields on the Western North Slope.
Significant oil exploration and development opportunities still exist on the North Slope, with active programs underway. More than 75% of the company’s North Slope exploration portfolio is undrilled.
Alaska at a Glance
As of December 31, 2023
195 MBOED
Production
1.5 BBOE
Proved Reserves
$1.7 B
Capital Spend
1.6 MM
Net Acreage
5
Double-hulled Tankers
