COP · News · 20260813N

Kuparuk Development Drilling

CONOCOPHILLIPS · 2026-08-13 · Importance 52 · Surprise 42 · In source text

ConocoPhillips Alaska achieved first oil on August 7, 2026, from the Coyote 3SX development in the Kuparuk River Unit on Alaska’s North Slope. The approximately $800 million project includes a pad expansion, more than 20 miles of pipeline, and 19 development wells. Coyote 3SX is expected to reach peak gross production of 12,000 barrels per day and was completed ahead of schedule and under budget, using existing infrastructure to support the Trans-Alaska Pipeline System.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositivecommitted+0.5%ConocoPhillips Alaska's Coyote 3SX development in the Kuparuk River Unit is a $800-million project.
cashnegativecommitted-0.5%ConocoPhillips Alaska's Coyote 3SX development in the Kuparuk River Unit is a $800-million project.
revenuepositiveprobable—The Coyote 3SX development is expected to reach a peak production of 12,000 b/d (barrels per day) gross.