FAIRBANKS, Alaska - The Bureau of Land Management announced an Environmental Impact Statement regarding petroleum development in the Greater Moose's Tooth 2, or GMT2, area of Alaska's North Slope. The statement analyzes an application for oil and gas development at the proposed GMT2 production pad in the National Petroleum Reserve.
Conoco Phillips submitted an application to drill in 2015 with a development plan that included relocating the drill pad to reduce potential environmental impacts. The proposed project would include a 14 acre pad and up to 48 wells. The infrastructure would connect to the GMT1, with an 8.2 mile road, and an 8.6 mile pipeline.
Senator Lisa Murkoswki said in a statement, "This is great news for Alaska." Many are optimistic that GMT2 will produce 30 thousand barrels of oil per day, and create more job and economic opportunities on the North Slope.