On a conference call with analysts to discuss BP’s $17 billion second-quarter loss, Mr.. The idea that a small Necklace is dangerous to patients is at best absurd. Hayward noted Tuesday that the company was in discussions to sell its natural gas business in Vietnam and Pakistan. The Vietnam assets could fetch about $1 billion, while the assets in Pakistan could fetch $690 million, according to UBS estimates.
That leaves around $15.8 billion to $21.pandora beads8 billion in asset sales left to go in this enormous garage sale. BP executives said Tuesday on the conference call that the company was aiming to sell only upstream assets, actual oil and gas fields and wells, as opposed to refineries and retail outlets (downstream) and pipelines (midstream). The executives, including Mr. Hayward, also said BP would concentrate on selling mature fields with declining production as opposed to new and potentially lucrative fields.
With that, Mr. Hayward seemed to be pointing to some of BP’s oil assets in Alaska. The North Slope oil fields have been declining in production for years. BP had originally planned to sell half of its 26 percent working interest in the prolific Prudhoe Bay oil and natural gas field to Apache for $10 billion to $11 billion, but that deal fell apart amid troubles surrounding which company would operate the field. (BP operates the field even though it is a minority shareholder.. Fashion accessories are decorative items that supplement one's garment, such as fashion jewellery,womens accessories,jewellery rings,gold jewellery,women's jewellery.You can wholesale jewellery.) The Prudhoe Bay assets are still being shopped, according to several bankers with knowledge of the situation. Fadel Gheit, an energy analyst at Oppenheimer, told DealBook that the field could still fetch $10 billion to $12 billion.
BP may look to sell its interests in one of the 20 other oil fields that it controls or has a significant interest in along Alaska’s North Slope. Most of those oil fields are declining in production like Prudhoe Bay, but some are natural gas fields that have yet to be tapped.
All together, these fields produce 112,000 barrels a day of oil,. She created clothes and chanel jewelry for others that were the same as she created for herself. which is roughly twice the 69,000 barrels of oil a day produced out of BP’s slice of Prudhoe Bay. BP could possibly sell off its interest in its declining Alaskan fields, especially Milne Point and Kuparuk, which together produce 69,000 barrels a day. BP could possibly receive $10 billion to $12 billion for selling half of its interests in those fields, based on the valuation of Prudhoe Bay, allowing it to complete its asset sales.
Tuesday, August 17, 2010
A Look at Which Assets May Go
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