ConocoPhillips is suing the state of Alaska to stop it from publicly releasing well data associated with its huge Willow oil discovery:
ConocoPhillips is suing the state of Alaska to stop it from publicly releasing well data associated with its huge Willow oil discovery, located on the western edge of the state’s North Slope oil fields.requires that data associated with wells be made public after two years, with minimal exceptions.
But ConocoPhillips is arguing that the wells were drilled in the National Petroleum Reserve-Alaska, and are therefore subject to federal laws around confidentiality, not state laws, said the 17-pageThe Alaska Oil and Gas Conservation Commission, the state agency that permitted the wells in the reserve, will publicly release the data unless it is stopped from doing so by a court decision, the complaint says.
In its lawsuit, the oil company says it has spent tens of millions of dollars to acquire its leases and could lose its competitive advantage if the well data is released. The data contains valuable trade secrets and other proprietary information, the company argues.The release of the well data has been in dispute after ConocoPhillips asked the Alaska Department of Natural Resources to extend the state’s confidentiality period. The agency denied the request.
Federal law would allow the well information to be kept confidential for a longer period, the life of the leases that ConocoPhillips acquired from the federal government, the company argues. The federal government
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