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Vol. 10, No. 51 Week of December 18, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


$1.4B capex for Alaska from BP, Conoco

Conoco shows ‘modest’ increase from ’05; BP funds down, but with less to tankers, TAPS reconfig and more to North Slope

Kristen Nelson

Petroleum News Editor-in-Chief

Both ConocoPhillips and BP have released their 2006 capital budgets for Alaska, and ConocoPhillips plans to spend some $60 million more this year than last, BP some $100 million less. BP’s capital spend plan for Alaska for 2006 is $600 million, BP Exploration (Alaska) spokesman Daren Beaudo told Pe....

    [additional news subjects in this story]

BP will spend more on the slope

Overall ConocoPhillips budget $10.5 billion


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