ConocoPhillips · NYSE:COP
ConocoPhillips — The Alliance (December 2013)
13 slides from ConocoPhillips's conference presentation, Dec 12, 2013
Slide 1: The Alliance: Western North Slope Developments
The Alliance December 12, 2013 Western North Slope Developments Nick Olds, Vice President North Slope Operations & Development
Slide 2: Cautionary Statement
Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues, earnings, business strategies, competitive position or other aspects of our operations or operating results. Actual outcomes and results may di
Slide 3: ConocoPhillips North Slope Assets
ConocoPhillips North Slope Assets CD5 NPR-A Western North Slope (“WNS”) – 78% WI Kuparuk – 52-55% WI Prudhoe – 36% WI 3
Slide 4: Historical Western North Slope Development
Historical Western North Slope Development Drilling Rig ACF Camp CD3 CD4 Alpine Alpine Satellite Satellite Discovery Start-up Start-up Start-up 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 4
Slide 5: Minimizing Footprint Through Technology
Minimizing Footprint Through Technology 5 5
Slide 6: What Makes Alpine Unique
What Makes Alpine Unique Native Land Surface and royalty owner, Kuukpik Native Corporation Royalty owner ASRC (Arctic Slope Regional Corporation) Close proximity to Nuiqsut (~8 miles) Very Small Footprint (~163 acres total gravel) Extended reach drilling, horizontal wells Single-train
Slide 7: NPR-A Development Phasing
NPR-A Development Phasing Sequential Level Loaded Development Strategy: Efficient use of limited 6 Miles to company and agency CD4N resources (personnel) 8 Miles to Efficient use of existing CD5 Alpine infrastructure Apply lessons learned from previous developments Reduced impact on environm
Slide 8: CD5 Project Scope
CD5 Project Scope 1 Mile Existing Infrastructure New Infrastructure CD1/ACF CD2 6 Mile CD5 Road 1,405’ Bridge CD4 Facilities: Drilling: 6-mile gravel road Drill and complete 15 wells (7 producers 11.7 acre gravel well pad and 8 water/ miscible gas injectors) Niqliq Channel bridge and 3 addit
Slide 9: CD5 Development Progress
CD5 Development Progress CD5: On Schedule – On Budget 36 of 56 Contracts Executed Long-lead Material Procured Fabrication of Bridges On Schedule Infrastructure in Place for 2014 Construction Activities Barge Offloading 2014 Winter – Planned Activity Build ice roads: November-January
Slide 10: Nigliq Channel Bridge Launch – Fall 2014
Nigliq Channel Bridge Launch – Fall 2014 Launch Track Bridge Assembly Launch Girders • Rig Mats • Use tandem gantry cranes • 8 separate launches • Track and Trolley Beams • Longest = 220 LF Launch Hydraulics Jack Down Process Panels and Guardrail • 2 each – 170 ton cylinders • Jack up and remove rol
Slide 11: Greater Mooses Tooth 1 (GMT1) – Development Overview
Greater Mooses Tooth 1 (GMT1) – Development Overview Potential Project Scope Would be first development in Greater Mooses Tooth Unit Development would be on Alaska Native and Federal leases Proposed Facilities 8-mile gravel road with 2 bridges 11.8 acre gravel well pad Pipeline, valve
Slide 12: CD5 and NPRA Growth Impacts
CD5 and NPRA Growth Impacts CD5 3D Model Adding Production To TAPS 500+ North Slope Jobs Required During Winter Construction Seasons 2014 and 2015 100+ Alaska Engineering Jobs Nigliq Bridge Expansion Joint More Than 20 Alaska Contract Companies Currently Engaged on CD5 Pipeline installatio
Slide 13: Passage of SB21 Signals Progress for the Future
Passage of SB21 Signals Progress for the Future Senate Bill 21 Increases the Likelihood of More Projects Moving Ahead Rig in Kuparuk Added in Late May Supporting 100 direct jobs and hundreds more indirect jobs* New production already brought online >1,600 BOPD Kuparuk Drill Site 2S Peak wo