Oil Patch Insider: More ACES trivia: Conoco’s state tax jumps from $537 million in 2005 to $3.4 billion in 2008
Petroleum News recently reported that Alaska oil and gas production makes up about 12 percent of ConocoPhillips’ worldwide output, but yielded more than 55 percent of the company’s E&P profit in the second quarter.
In the first quarter, Alaska production yielded 29 percent of the company’s total E&P....
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