COP · News · 20260814N
Alaska Development Strategy
CONOCOPHILLIPS · 2026-08-14 · Importance 52 · Surprise 42 · In source text
ConocoPhillips started production at the Coyote 3SX project on Alaska’s North Slope on August 14, 2026. The project is expected to add up to 12,000 barrels per day, with output delivered through the Trans-Alaska Pipeline System. Development cost approximately $800 million and was completed ahead of schedule and under budget. The project complements ConocoPhillips’ Alaska portfolio, including Nuna and the future Willow project.
Key facts
- ConocoPhillips commenced production at its new Coyote 3SX project on Alaska's North Slope, expected to add up to 12,000 barrels per day. source
- The Coyote 3SX project was completed ahead of schedule and under budget at approximately $800 million. source
- Production from the Coyote 3SX project will be delivered to the Trans-Alaska Pipeline System. source
- ConocoPhillips said the Coyote 3SX initiative complements other Alaskan projects like Nuna and the future Willow project. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +0.6% | The Coyote 3SX project was completed ahead of schedule and under budget at approximately $800 million. |
| cash | negative | realized | -0.6% | The Coyote 3SX project was completed ahead of schedule and under budget at approximately $800 million. |
| revenue | positive | realized | — | ConocoPhillips commenced production at its new Coyote 3SX project on Alaska's North Slope, expected to add up to 12,000 barrels per day. |