THE EXPLORERS 2004: BP investing in innovation
North Slope operator opts out of exploration game, focuses on developing known conventional and heavy oil resources, with eye on future gas
While no longer an exploration player on Alaska’s North Slope, BP Exploration (Alaska) remains a dominant developer as it targets known light oil accumulations around its existing infrastructure, and puts what it calls “risk dollars” into technology development aimed at producing at least a portion....
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Five billion barrels
Drilling expected to continue
Kuparuk approved; Liberty MOU signed
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