- AustraliaNorth AmericaWorld
BP Heavy Oil Pilot Project Well Starts Production
Forbes reports that BP Alaska officials are likely to invest about a $100 million for the trans-Alaska pipeline.
Forbes reports that BP Alaska officials optimistic about a $100 million investment for the trans-Alaska pipeline.
The market news is quoted as saying:
For more than a week, the company has produced about 350 barrels per day of new heavy crude oil – petroleum with the viscosity of molasses or cold honey – from a test well in the Ugnu Formation in the Milne Point lease area on Alaska’s North Slope.