BP in Alaska: Bidding around the edges
BP attains strong lease position, waits on neighbors, drills to confirm Prudhoe discovery
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....
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BP makes Prudhoe Bay confirmation
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