Buoyed by big projects and a big lease sale, Alaska oil companies project optimism

By: Yereth Rosen

Outlets: Alaska Beacon

Published: March 20, 2026

Words: 1,052

Last Updated: 17 hours, 56 minutes ago

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Representatives of major oil field operators on Alaska’s North Slope said Thursday they are bullish on the region’s future as a major producer for decades to come. Their optimism was reinforced in part by a record-breaking oil and gas lease sale held this week by the U.S. Bureau of Land Management.

For ConocoPhillips, Alaska’s largest oil producer, the most prominent source of future development is the company’s massive Willow project, said Marc Lemons, the …

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