Stock Report: BP Prudhoe Bay Royalty Trust (BPT) Report Updated: May 20, 2013 | Print This Page

BP Prudhoe Bay Royalty Trust operates as a grantor trust in the United States. The company holds overriding royalty interests constituting a non-operational interest in minerals in the Prudhoe Bay oil field located on the North Slope in Alaska. The Prudhoe Bay field extends approximately 12 miles by 27 miles and contains approximately 150,000 gross productive acres. As of December 31, 2011, its estimated net remaining proved reserves were 82.304 million barrels of oil and condensate, of which 73.476 million barrels were proved developed reserves, and 8.828 million barrels were proved undeveloped reserves. The company was founded in 1989 and is based in Austin, Texas.