ARCO Persists in North Slope Oil Output Goal: 'No Decline after '99'

Pipelaying is shown under way on the 120 miles of pipeline being laid on Alaska's North Slope to transport oil from ARCO Alaska Inc.'s latest major development project on the slope, Alpine oil field, to the Prudhoe Bay infrastructure. Photo courtesy of ARCO.Click here to enlarge imageThe recent collapse in oil prices and the impending disappearance of one of the two main Alaskan North Slope operators into the bowels of another has had a surprisingly modest effect on plans to halt the decline in North Slope oil production.ARCO Alaska Inc., soon to disappear as a result of its parent's acquisition by new supermajor BP Amoco plc, insists that its recent battle cry of "No decline after ...

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