Business Services Industry
BP Seeks Approval to Drill at Badami Oil Field on Alaska's North Slope.(Originated from Anchorage Daily News)
Knight Ridder/Tribune Business News, February, 1997 by Jones, Stan
Feb. 6--BP Exploration (Alaska) Inc. this month will seek permission from its London headquarters to develop the Badami oil field on the North Slope. Spokesman Paul Laird said British Petroleum's new Capital Allocation Committee will make the decision, but he didn't know how long before an answer will be announced.
Badami, expected to yield 120 million barrels of oil, lies along and under Mikkelsen Bay, between Prudhoe Bay and the Arctic National Wildlife Refuge. About two-thirds of the oil is offshore, Laird said, but the entire deposit will be drilled from a single onshore drill pad.
Laird said development of Badami is expected to cost about $300 million, and the field should begin producing next year if BP headquarters is prompt in giving...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
