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CLAIM #16227 · ConocoPhillips (COP) · 2023Q3 earnings call · Nov 2, 2023 · due Jun 30, 2024

And we expect the fourth one to come online as planned in Q2 '24.

Andy O'Brien · SVP Global Operations

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
we expect the fourth one to come online as planned in Q2 '24
Reported
production continued to ramp up at ... 4 subsea tiebacks in Norway

In context

ndful of international project start-ups that you touched on in the release. If you could give us some more color on these projects, that would be helpful. And maybe if you could tie that into a growth outlook for the international business in '24 as well, that would be helpful. Andrew O’Brien: John, this is Andy. I can take that one. It's a little early to be getting into full year guidance for 2024. As you mentioned, we have had some pretty good news across our Alaskan international projects. So we've made some pretty significant progress across the portfolio, and it really is nice to see so many of those projects achieved major milestones on or ahead of schedule and budget. Ryan touched on Norway, where there we achieved first production ahead of schedule on 3 of our 4 subsea tiebacks. And we expect the fourth one to come online as planned in Q2 '24. So we expect those 4 projects in aggregate to add about 20,000 barrels a day of production next year, which should more than offset normal decline in '24. We also had some good news in China where our partner-operated Bohai Phase 4b achieved first production ahead of schedule from the first platform. Now that's going to be 2 platforms tied back to a central processing facility, and we'd expect the second platform to come on in the first quarter. And then with that, we'll then have the opportunity to drill new wells in Bohai for the next 4 to 5 years. And then we also had some pretty big major milestones in Canada with CPF2 in the Montney and Pad 267 in Surmont. So CPF2 has successfully started up in September, and that's going to add to about 100 million cubic feet a day of gas processing

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SEC filings for COP · Claim quote is verbatim from the 2023Q3 earnings call.