BP in Alaska: Bidding around the edgesBP attains strong lease position, waits on neighbors, drills to confirm Prudhoe discovery Frank Baker For Petroleum News
In 1964 the first state land at Prudhoe Bay was put up for auction. By that time, other oil companies were beginning to take more interest in BP’s lonely quest.
Disheartened by the failures in the Brooks Range, Sinclair opted out of the sale, which proved to be a fateful decision.
Short of dollars....
[additional news subjects in this story]
Difficult conditions BP makes Prudhoe Bay confirmation
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