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Vol. 14, No. 28 Week of July 12, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


Managing lifting costs at Prudhoe Bay

The Prudhoe Bay field faces the same cost issue as any other aging oil field: As production declines, total field and oil transportation costs are spread across fewer barrels of oil, thus potentially increasing the per-barrel cost of “lifting” the oil and making the oil less profitable, with the oil....


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