Annual review 2015–2016

Natural resources – showcase projects
Assessing time and cost consequences
in the Arctic for ConocoPhillips
In October 2015 first oil was
announced at ConocoPhillips’ CD5
project, the first oil development
on Alaska Native lands in the National
Petroleum Reserve-Alaska. CD5,
an extension of the Alpine field, is
expected to produce up to 16,000
gross barrels of oil per day.
The project involved the addition of
a new drill site, a six mile gravel road,
four bridges, 32 miles of pipelines and
numerous miles of communications
and electrical infrastructure, as well
as additional modular office and
bed-spaces.
We were commissioned to support
on-budget delivery at every stage
of this major construction project,
with estimating, cost assurance and
comparative analysis services. With
over 30 years of technical and
conceptual experience in the Arctic
and an extensive, fully maintained
project cost database for the region,
we were able to help inform decisionmaking
and manage costs in line with
budget parameters.
We also supported ConocoPhillips
with their sustainability objectives,
providing estimates for the location
of drill sites and infrastructure to
minimize project effects on wildlife,
waterfowl and the subsistence lifestyle
of residents of the nearby village.
Making the difference
• Data-driven intelligence: using our
database for the region to provide
clarity on costs for the facilities and
large-scale infrastructure required
to develop the drill site.
• Anticipating challenges: working
closely with ConocoPhillips to
accurately assess time and cost
consequences of work in a tough
Arctic environment.
• Defining and reducing costs: our
experts were involved in identifying
cost savings throughout the
definition phase, helping the project
to remain economically sustainable.
©ConocoPhillips
15
wells in initial drilling program
16,000
anticipated peak gross barrels
of oil per day
$1bn
total investment in CD5
32
miles of pipeline laid
30 Turner & Townsend