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B P PRUDHOE BAY U, (BPT) Stock Research Free Stock Rating
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BP Prudhoe Bay Royalty Trust operates as a grantor trust in the United States. The trust holds overriding royalty interest in the Prudhoe Bay Unit located on the North Slope in Alaska. The royalty interest constitutes a non-operational interest in minerals, which entitles the trust to a royalty on 16.4246 % of the first 90,000 barrels of the average actual daily net production of oil and condensate per quarter. The trust was created as a Delaware business trust pursuant to a trust agreement dated February 28, 1989, among the Standard Oil Company; BP Exploration (Alaska), Inc.; The Bank of New York as the trustee; and The Bank of New York (Delaware) as co-trustee.
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B P PRUDHOE BAY U Related |
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BP in Alaska BP Exploration (Alaska) Inc. is second only to Russia in terms of known oil and gas resources in the company's global portfolio.
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Prudhoe Bay: News & Videos about Prudhoe Bay - CNN.com ... at Chevron's operations in Nigeria and a fire at BP's Alaska oil field. ... Oil production at BP's Prudhoe Bay oilfield in Alaska, already running at half ...
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Global Insight // Same-Day Analysis BP Shuts Production at Prudhoe Bay. The U.K.-based oil and gas major BP has announced that it ... Prudhoe Bay follow on from a long list of safety and ...
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