Despite challenges, oil exec says Alaska’s prospects are looking up
Contrary to projections from as recently as five years ago, oil production on Alaska’s North Slope is trending up. Scott Jepsen, a vice-president with ConocoPhillips based in Anchorage, told the Sitka Chamber of Commerce this week (9-5-18) that improvements in drilling technology, new discoveries, and a favorable tax structure had all combined to steadily increase oil production.
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