Before ConocoPhillips’ massive Willow project emerged as a subject of excitement and controversy, a different North Slope oil project promised to open a new Alaska oil frontier. Via AlaskaBeacon
— including Liberty — to Hilcorp. That sale was made final in 2020.
“It was just, technologically, a bridge too far,” said Myers, a geologist who serves on the U.S. Arctic Research Commission and previously also served as a chancellor for research at the University of Alaska Fairbanks. Despite the stall, there are still factors weighing in favor of Hilcorp eventually developing the Liberty project, Myers said.
On the negative side is Liberty’s location, Myers said. “Offshore is always more tricky than onshore,” he said. Arctic ice — which can gouge underwater oil structures 3 is one of the major complications, he said.of remaining Beaufort Sea territory from future oil and gas leasing schedules. The action putting the unleased portions of the Beaufort off-limits to future development came at about the same time the administration approved the Willow project.
Though they were both seen at different times as groundbreaking Arctic Alaska developments, there are some important differences between Willow and Liberty.
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Liberty, an ambitious offshore oil project that once sparked excitement, is now in limboBefore ConocoPhillips’ massive Willow project emerged as a subject of excitement and controversy, a different North Slope oil project promised to open a new Arctic oil frontier. (via AlaskaBeacon)
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