ConocoPhillips has submitted a formal application to federal regulators seeking approval to drill four new exploratory wells and conduct seismic testing west of its $7.5 billion Willow oil development in Alaska’s National Petroleum Reserve, Bloomberg reports. The proposal, filed with the Bureau of Land Management, would significantly extend the company’s Arctic footprint and marks its most ambitious exploration effort in the region since 2020. The plan outlines new access roads, well pads, and 3D seismic surveys across the Bear Tooth…
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