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...well is shown in this undated photo. Oil was discovered by Richfield Oil Corp. and drilled by Coastal Drilling. Buildings are...Drilling's foreman Bud Fletcher describes the exciting moment when Richfield Oil Corp.'s wildcat unit struck oil. **"It was right...
JUNEAU (AP) -- Spurred by the company's move to block the BP Amoco-Atlantic Richfield Co. deal, the House passed a resolution Tuesday urging Exxon Mobil Corp. to pay a massive court judgment stemming from the Exxon...
...The state of Alaska can join the defense of the $30 billion merger between oil companies BP Amoco PLC and Atlantic Richfield Co., a federal judge ruled Tuesday. U.S. District Judge Susan Illston granted Alaska's request to enter the case over...
...signed the agreement with the Knowles administration in 1999 in return for state approval of BP's plan to acquire Atlantic Richfield. Federal regulators balked at the buyout because it would have concentrated most of Alaska's North Slope oil holdings in...
...by the Oil Pollution Act of 1990, passed after the Exxon Valdez spill. The tankers were designed by the former Atlantic Richfield Co. They passed on to Phillips Alaska after its Oklahoma-based parent company Phillips Petroleum Co. bought Arco's Alaska...
...Charter for Development agreement was reached with the Knowles administration last fall, BP, through its takeover of Atlantic Richfield, was poised to become the majority owner of every producing oil field on the North Slope. The charter's nonbinding provision...
...It all boils down to people." Starting as a doodlebug Slater brought his family north to Alaska in 1959, two years after Richfield's discovery of the Swanson River Field. At the time, Slater said, he had never even thought about working in the oil...
...Therefore, the market value of Prudhoe gas is only a fraction of Prudhoe oil's. Prudhoe oil was a bonanza. As BP, Atlantic Richfield and Exxon developed the field and built the pipeline in the mid-1970s, an energy crisis gripped the United States and oil...
...history in Alaska and is familiar with the state. It isn't widely known, but Shell made an aggressive offer for Atlantic Richfield Co.'s Alaska asset, Arco Alaska, before those were sold to Phillips Petroleum. According to sources familiar with that...
...Peninsula while the natural gas helps supply Anchorage. The Kenai refuge began as the Kenai National Moose Range in 1941. Richfield Oil Corp. filed for leases on the refuge in 1954 and struck oil in 1957. In 1958, Interior Secretary Fred Seaton announced...