Six rigs to two

March 11, 2016

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At the request of the Prudhoe Bay working interest owners, BP Exploration (Alaska) Inc. said March 7 it was cutting back spending in BP-operated Greater Prudhoe Bay by shutting down three out of five drilling rigs.
One of the three rigs the Prudhoe owners are cutting, Doyon 16, was put on standby at…

Category: Oil & Gas