Alyeska Pipeline Service Company

06/02/2026

CNBC's Morgan Brennan sits down with ConocoPhillips CEO and chairman Ryan Lance to discuss its latest project in Alaska, the push for U.S. oil production and more.

06/02/2026

Big investments follow stability.

The Pikka project is Alaska’s first major new oil development in decades and represents more than $3 billion in investment and a strong vote of confidence in Alaska’s future.

When companies know Alaska is committed to responsible resource development, they invest for the long term: creating jobs, strengthening communities, and supporting our economy for generations to come.

Alaska continues to show the world it’s a place worth investing in.

https://www.adn.com/business-economy/energy/2026/05/24/all-in-oil-production-at-pikka-project-underway-after-years-of-construction/

06/02/2026

Less than five years after arriving in the Alaska oil patch, Australia's no. 2 oil and gas producer joined the elite ranks of North Slope producers.

Santos announced first oil from its Pikka phase 1 development over the weekend. The company is the operator of the project and holds a 51% interest, with partner Repsol holding the remaining 49%. Production will ramp up to 20,000 bbl/day over the next few weeks, capping at 80,000 bbl/day (gross) during the third quarter. Some 28 development wells have been drilled, of which 21 have been stimulated and flowed back in line with pre-drill expectations. First sales revenue is expected to be approximately two to three months following first oil, with Santos and its partner alternating tanker shipments from the Port of Valdez.

Santos Managing Director and Chief Executive Officer, Kevin Gallagher, said Pikka is a tier-one asset in one of the world's super basins. "Alaska has a huge runway ahead of it, which will underpin value-accretive production growth for Santos.

"The Pikka phase 1 project has demonstrated Santos' capability to develop this world-class resource safely, responsibly and efficiently. We are already implementing technical drilling improvements that save time and cost, and we will continue to drive improved performance into the future.

"As we now take Pikka phase 1 into operations, we are transitioning from project ex*****on to our disciplined, low-cost operating model, which will maximize the project's value for our shareholders for the long term,” he said.

Photo Credit: Monica Sterchi-Lowman | Alaska Business

06/02/2026

It was all smiles when ConocoPhillips held its first quarter earnings conference call.

- Willow construction now 50% complete
- All four of the planned winter exploration wells complete
- High-priority acreage secured in the National Petroleum Reserve - Alaska lease sale

In Alaska, ConocoPhillips is winding down another successful winter construction season. ... "Our teams have completed the project’s gravel scope, an important milestone, and mobilization for summer work is underway. We also recently completed our four-well exploration program in Alaska, the first in a multiyear program to leverage existing infrastructure to unlock additional low cost of supply resource consistent with our long-term track record,” said CEO Ryan Lance.

“It’s still early days but we are excited about the opportunity and the results and more low cost of supply resources coming to the greater Willow area,” he said.

“As the broader industry increasingly recognizes Alaska’s unique resource potential, we believe our long-standing position, legacy infrastructure investments and technical expertise provide us with a meaningful competitive advantage,” Lance said.

Photo Credit: © ConocoPhillips Company. 2026. All rights reserved.

06/02/2026

The more than $3 billion investment from Australian company Santos is Alaska’s first new oil project in decades.

06/01/2026

Love that view and love that drive, especially when the road is smooth and the ruts minimal. Thanks for sharing, I Love Nature.

The Dalton Highway in Alaska stretches through some of the most isolated and breathtaking wilderness in North America, cutting across rugged mountains, frozen tundra, and endless northern landscapes. One of the highway’s most dramatic sections passes through the Brooks Range, where towering peaks and deep valleys create a striking backdrop for travelers heading toward the Arctic Circle. The road is known for its harsh conditions, with gravel surfaces, sudden weather changes, and long distances between services, making every journey both challenging and unforgettable.

As the highway climbs into the Brooks Range, drivers encounter Atigun Pass, the highest mountain pass in Alaska that stays open throughout the year. Snowstorms and icy winds can appear even during summer months, while wildlife such as caribou, moose, and grizzly bears roam freely across the surrounding tundra. During autumn, the landscape transforms into vivid shades of red, gold, and orange, offering one of the most spectacular displays of Arctic scenery in the world.

Originally constructed to support the Trans-Alaska Pipeline, the Dalton Highway has become a symbol of adventure and endurance. Its remote setting and vast silence attract travelers seeking an experience far removed from crowded cities and busy highways. Driving through the Brooks Range allows visitors to witness the raw beauty of Alaska’s wilderness, where nature remains largely untouched and the feeling of isolation is both humbling and inspiring.

06/01/2026

TAPS throughput roundup:
5/31: 452,609 barrels
5/30: 451,583
5/29: 457,269
5/28: 452,131
5/27: 451,057
5/26: 448,927
5/25: 440,236

Find historic TAPS throughput at https://alyeska-pipe.com/historic-throughput/.

06/01/2026

On this day in 1977, construction of the 800-mile Trans-Alaska Pipeline System was completed with the final weld near Pump Station 3.

As Alaska marks the 49th anniversary of this historic achievement, we’re reminded of the vision and determination that helped connect our vast natural resources to the world.

TAPS remains one of the most ambitious infrastructure projects in U.S. history and an enduring example of Alaska's ability to deliver world-class projects that support economic opportunity and responsible resource development.