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- W27857568 abstract "Production and revenues from America's largest oil field are declining. The cost of operating it is rising. If both trends were to continue unchecked, oil production at Prudhoe Bay on Alaska's North Slope could become uneconomic in the next decade. Simply maintaining operating expenditures at current levels - barring a dramatic, lasting increase in oil prices - would postpone the day of reckoning by only a few years. Despite ongoing investments in tempering the decline - gas and water handling expansions, development drilling, enhanced oil recovery, and well maintenance and repair programs - production will continue to decline. That's why it's imperative we reverse the tide of rising costs. This paper reports that to continue to produce oil at Prudhoe well into the 21st century, we must immediately - and continually - cut costs to reflect declining production and revenues." @default.
- W27857568 created "2016-06-24" @default.
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- W27857568 date "1992-08-03" @default.
- W27857568 modified "2023-09-23" @default.
- W27857568 title "Alliancing process helps BP control Prudhoe Bay costs" @default.
- W27857568 hasPublicationYear "1992" @default.
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