How operators are benefiting from Level 3 multilaterals in Alaska ///

espite its mature status, the North Slope of Alaska, with more than 15 billion bbl OOIP still untapped, remains an attractive prospect. The combination of unstable oil prices and drilling costs – typically three to five times those of drilling comparable wells in the lower 48 states or Canada – have dashed development hopes for some operators and seriously frustrated others. Now, however, BP has implemented a development strategy based on Level 3 multilateral completion technology, and other operators are following suit.

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