ConocoPhillips’ is reporting $1.5 billion in net income through the third quarter from its exploration and production activities in Alaska.
ConocoPhillips reported $1.7 billion in net income related to Alaska activities for all of 2010.
Net income from Alaska totaled $501 million for the most recent July-September quarter.
ConocoPhillips said production for the quarter in Alaska was down from a year earlier. It cited unplanned downtime.