In documents filed Tuesday in Anchorage, international oil company ConocoPhillips said an ongoing federal court case is likely to make or break Alaska’s largest planned oil development in decades.
The federal government is opposing the environmental groups’ lawsuit and is backed by ConocoPhillips, the state of Alaska, the North Slope Borough, and a variety of companies and industry groups who hope to see the project developed.
As many as 1,200 people would be involved in direct construction, the company said, with another 600 offering support.Willow is expected to hold as much as 600 million barrels of recoverable oil and would generate billions for the state of Alaska in the long term but The environmental groups are scheduled to reply to ConocoPhillips and other defendants by mid-September, allowing Gleason to decide the case before the start of the winter construction season.
Willow would be the first large project constructed in the National Petroleum Reserve-Alaska, and ConocoPhillips’ 30-year lease was signed in 1999. It’s possible that the federal government allows a lease extension, he said, but that’s not guaranteed.
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