COP Makes Oil DIscovery North Slope Alaska -- January 13, 2017

COP announces:

• Greater Mooses Tooth Unit, northeast region of National Petroleum Reserve Alaska
• Willow discovery wells: Tinmiaq 2 and 6
• drilled early 2016
• Tinmiaq: 72 feet of net play
• Tinmiaq: 42 feet of net play; 300M bbls or more EUR
• Willow: as much as 100,000 bopd
• initial commercial production as early as 2023
• COP: 78%
• Anadarko: 22% 

Peak oil? What peak oil?