HOME PAGE SUBSCRIPTIONS, Print Editions, Newsletter PRODUCTS READ THE PETROLEUM NEWS ARCHIVE! ADVERTISING INFORMATION EVENTS PETROLEUM NEWS BAKKEN MINING NEWS

Providing coverage of Alaska and northern Canada's oil and gas industry
July 2009

Vol. 14, No. 28 Week of July 12, 2009

BP in Alaska: Advancing technology maximizes light oil production

Extracting as much oil as possible from Prudhoe Bay and other mature North Slope fields remains a top priority for BP, ConocoPhillips and others. Using advanced imaging technology, BP remapped much of Prudhoe Bay in 2003, and in 2009 completed more 3-D and 4-D seismic surveys.

New data acquired through these surveys has helped the company reach small pockets of oil through sidetrack wells, which are wells drilled directionally with great precision through existing wellbores. BP drills more than 100 new well penetrations each year and the program has significantly reduced production declines at Prudhoe Bay. As summer comes to the North Slope in 2008, a total of 13 drilling rigs were operating in and around Prudhoe Bay.

A key element of sustaining oil production is developing satellite accumulations around the Slope’s major fields. These relatively small oil pools can be produced from existing facilities and could yield millions of barrels of recoverable oil. New drilling technologies, sophisticated enhanced oil recovery programs and new, innovative well maintenance techniques are coaxing more oil from existing fields.

A collaborative effort among the North Slope producers to drive down costs and add hundreds of millions of barrels of recoverable oil is making significant progress.

—Frank Baker






Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.