COP · News · 20260821N

Alaska Development Strategy

CONOCOPHILLIPS · 2026-08-21 · Importance 52 · Surprise 42

ConocoPhillips Alaska achieved first oil from the Coyote 3SX development in the Kuparuk River Unit on Alaska’s North Slope. The approximately US$800 million project was completed ahead of schedule and under budget, making it financially material under the stated threshold. Coyote 3SX is projected to reach a gross peak production rate of 12,000 barrels per day and is expected to support throughput on the Trans-Alaska Pipeline System.

Key facts

• ConocoPhillips contributed $1 million to Ducks Unlimited’s Gulf Coast Initiative in 2026. source