Happy Wednesday! Welcome back to another week of ESC News Blog, if you are just making it back from the holiday break!
Did anyone
happen to read the Oil & Gas Journal’s Daily Update Newsletter on January
2, 2024, their article titled, “ConocoPhillips to continue Willow Project”? In the article, it speaks about ConocoPhillips
oil lease in Alaska’s North Slope called the Willow Project. The U.S. Department of Interior’s Record
Decision approved them to develop their oil lease in the National Petroleum
Reserve-Alaska west of the village of Nuiqsut. The Nineth Circuit Court of Appeals ruled
against the Plaintiffs in their effort to stop work on the project while the
lawsuit plays out in appellate court. This
ruling means work will be ongoing while the lawsuit plays out in the appeals court.
Their opening briefs were due December
2023, and consolidating answering briefs are due two weeks later. The Willow project has undergone the lengthy
approval process and environmental review and is expected to produce around 600
million bbl. during its lifetime and bring in $8-17 billion in funds to the
local, state, and federal government. Stay
tuned for more on this project! If you
would like to read more of the Oil & Gas Journal’s article, please
click the link: ConocoPhillips
to continue Willow project | Oil & Gas Journal (ogj.com).
If you would
like help in looking into how to transport your product efficiently, safely, and
with less of a carbon footprint or just find out what is underneath your feet
to help with your emission reduction goals, contact us via email in the blog
and check out our ESC's website!
We hope you have a wonderful evening and a productive week!
**Disclaimer: You may be charged a fee to read The Oil
and Gas Journal’s article. **