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Keyword: oilfieldsafety

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  • BP launches shutdown to improve oil-field safety

    09/29/2005 5:43:59 PM PDT · by akdonn · 23 replies · 625+ views
    Anchorage Daily News ^ | 09-29-05 | By WESLEY LOY
    Oil giant BP, rattled by a string of industrial accidents, said Wednesday it will shut down and refurbish dozens of North Slope oil wells as part of a multimillion-dollar campaign to improve safety. The shutdown will knock out a big chunk of North Slope production -- about 20,000 barrels a day -- at a time when oil prices are running at historic highs in excess of $60 a barrel. Slope production has averaged 811,000 barrels per day so far this month. But oil field safety trumps high oil prices, and a review of some 2,000 wells in the huge Prudhoe...