In this morning's news bulletin we said "The $200 million in North Slope spending cuts by ConocoPhillips for the rest of this year will be half in the Kuparuk River unit, primarily around the laying down of two rigs, and the other half in cuts ‘across the board' on the North Slope."
That is incorrect. The $200 million from Alaska will come from drilling programs in Kuparuk and the western North Slope Alpine area, including the laying down of two rigs.
- KAY CASHMAN
See full story in March 22 issue, available online Friday, March 20, at www.PetroleumNews.com
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