Conoco agrees to process Oooguruk oil
Historic deal gives Texas independent access to Kuparuk facilities; Crockett says could open door to other North Slope explorers
After several months of silence, the first independent operator in northern Alaska and the largest oil producer in the state have signed a precedent-setting, North Slope facilities sharing agreement, the companies said Feb. 25.
The agreement allows Pioneer Natural Resources Alaska, operator of the B....
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New legislation and operational issues delayed deal
Deal first with third party
Majors back the deal
Deal was final obstacle to Oooguruk production
Pioneer made $75 million from tax credits in 2007
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