| |
| | Prudhoe Bay owners finalize alignment of interests - 09/04/2002 |
 | | BP Exploration (Alaska) Inc. said Sept. 3 that all of the companies holding state oil and gas leases within the Prudhoe Bay unit on the North Slope have reached final agreement to align their respective working interests. |
 | | The area of common interest encompasses the entire Prudhoe Bay unit, and is expected to further optimize operations, reduce costs and streamline operating decisions, including development of satellite oil accumulations and enhanced oil recovery projects within the unit, for the benefit of the owners, the state of Alaska and its residents, BP said. |
 | | The approximate working interests for all areas and reservoirs in the Prudhoe Bay Unit are as follows: ExxonMobil 36.40 percent, Phillips 36.07 percent, BP 26.35 percent, ChevronTexaco 1.16 percent, Forest 0.02 percent. |
| www.petroleumnews.com /nbarch/08-92-2.html (259 words) |
|