Did BP shut down the Prudhoe Bay oil field because of declining oil

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Did BP shut down the Prudhoe Bay oil field because of declining oil

BP said that they had to shut down the Prudhoe Bay oil field because of rusty pipes.

However this interesting article suggests that the rusty pipes may have been an excuse.

The article says that BP has not been maintaining the site because of declining output as it runs out. The question posed is: "What is the minimum level of oil needed to run the site?"

Maybe it just passed that economic threshold so they turned off the tap.

cryptogon.com

G sent in a short email telling me to start Googling Prudhoe Bay whistleblowers, and that BP is running the operation there into the ground (no pun intended!) because the fields are running dry. Why sink more money into a drying up hole?

Or, as recent events may indicate, a dry hole.

This is from an Anchorage Daily News article, Workers Convince BP Valve is Faulty, dated, January 9, 2002:
Some workers believe BP, which runs Prudhoe, is finally replacing the valve only after facing criticism for poorly maintaining the pipes, valves and other machinery that handle more than a half-million barrels of oil a day.

These valves are like the brakes on your car, and the brakes don't work right now, said Marc Kovac, vice chairman of a union that represents about 200 BP workers on the western side of Prudhoe Bay.

...

The matter was dropped until last year, when workers publicly criticized BP for not keeping up with maintenance at Prudhoe as production has fallen. Production at the 24-year-old Prudhoe -- North America's largest oil field -- peaked 13 years ago.

BP has wanted to run the same equipment until the field runs dry, but we need this stuff in top shape for the life of the field. Otherwise, we're going to have problems, Kovac said.
By netchicken: posted on 9-8-2006








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