COP · News · 20260812N
Kuparuk Development Drilling
CONOCOPHILLIPS · 2026-08-12 · Importance 52 · Surprise 42 · In source text
ConocoPhillips Alaska’s $800 million Coyote 3SX project in the Kuparuk River Unit achieved first oil on August 7, ahead of schedule and under budget. The development is the 50th drill site in the Greater Kuparuk Area and comprises 19 development wells. Production is expected to reach a peak rate of 12,000 barrels per day. The project uses existing North Slope infrastructure to increase output and support Alaska royalties, tax revenue, and local jobs.
Key facts
- The Coyote project is expected to reach a peak oil rate of 12,000 barrels per day from nineteen development wells. source
- ConocoPhillips Alaska's Coyote project in the Kuparuk River Unit delivered first oil on August 7. source
- ConocoPhillips brought its Coyote 3SX development on the North Slope online and achieved first oil ahead of schedule and under budget. source
- The Coyote project was a $800 million project. source
- The Coyote project is the fiftieth drill site in the Greater Kuparuk Area. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | The Coyote project is expected to reach a peak oil rate of 12,000 barrels per day from nineteen development wells. |