BP optimistic on Prudhoe Bay

US Interior Secretary Dirk Kempthorne has got his first look at BP’s pipeline corrosion at Prudhoe Bay as one of the company’s senior executives said a way might be found to return to full oil production before having to replace 16 miles (26 kilometers) of pipes.

BP optimistic on Prudhoe Bay

US Interior Secretary Dirk Kempthorne has got his first look at BP’s pipeline corrosion at Prudhoe Bay as one of the company’s senior executives said a way might be found to return to full oil production before having to replace 16 miles (26 kilometers) of pipes.

David Peattie, a vice president at London-based BP, said the company hopes to begin constructing the new pipeline system early next year and complete it in several months. But he said full production, to 400,000 barrels a day, might resume earlier than that.

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