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CLAIM #16460 · ConocoPhillips (COP) · 2024Q4 earnings call · Feb 6, 2025 · due Feb 6, 2026

We are in fact expecting know, that production to enable us to more than offset decline. As we look at Alaska's production profile for the next year.

Kirk Johnson · SVP Global Operations

PENDING
graded after results covering Feb 6, 2026 are reported

In context

out Nuna and you pointed some of this out. You know, this is a project in which we have built out a new pad. The first one in roughly a decade, and it shows you know, the great work that the teams are doing in exploring and appraising new targets and taking advantage of the infrastructure that we have up there. First oil was in December. That came on after drilling and completing and bringing on a couple of wells. We do have plans of eight more wells here this year in 2025. And all of that, as you point out, has actually come on on the heels if you will of having drilled over ten wells from existing gravel. So again, it shows the pragmatism that the team has really deployed of ensuring that we understand what these targets are, we derisk those, before we actually put new gravel out there. We are in fact expecting know, that production to enable us to more than offset decline. As we look at Alaska's production profile for the next year. And then we have a number of other targets that exist out there for us. And you've heard me speak to some of these before. In Caparic, in addition to Nuna, we have Coyote. Coyote is a really interesting parallel to Willow. And then in WNS and our Alpine asset, we've gotten our wall in Minky. And so these brookie and topsets put us in a really nice position of using these wells to advance technology to advance, certainly, our capital efficiency knowing that these some of these are a great analog or a parallel to Willow which gives us again that much more of an opportunity as we stand which in 2027. So really pleased with how that's taken shape for us. On our base business in Alaska. Operator: Our next question comes from the line of Josh Silverstein with UBS. Josh Silverstein: Yeah. Thanks

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SEC filings for COP · Claim quote is verbatim from the 2024Q4 earnings call.