That was my Queston?
Yes, right. Should BP be replaced, it could be a plus for BPT.
BP owns 26% of the Prudhoe Bay Oil Field. Exxon owns 36% and Inperial Oil Canada etc. own the rest. BPT is a grantor trust formed by BP to get the first 90,000 barrels a day from BP 26% ownership in the field.
Correction: BP owns 26%, ExxonMobil 36%, ConocoPhillips 36% and Others 2% In the Prudhoe Bay Oil Field. Not in BPT