Oilwatch Alaska calls on state to track North Slope owner profitsReport by Richard Fineberg for watchdog group uses public data to show profitability even at low oil prices; “How Much Is Enough?” says 1998 first year state take exceeds that of companies Kristen Nelson PNA News Editor
The North Slope is profitable for oil companies, even at low crude oil prices. That is the conclusion of a report, completed in December, which looks at North Slope oil and pipeline revenues, including revenues from the trans-Alaska pipeline system.
How profitable? Drawing on a model he developed f....
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Fineberg model uses public data to estimate profits Production costs extrapolated Models by field Break-even at $7.35 a barrel
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