Has the operator in the oil fields which comprise BPT's holdings started fracking the old wells or do they plan to do it ?
You guys are all wrong here. There will be no fracking or any other enhanced recovery treatment of the wells for the BPTrust production per the Prospectus. Current primary oil production revenue will cease in accordance with terms of the Prospectus.
I believe you have a valid question pardner, have they got into the shale yet? If so is that an adder? The lack of knowledgeable replies is deafening.
No, that was not a valid question. The trust prospective clearly states that BP is under no obligation to implement any enhanced recovery methods on the Trust oil wells.
How much secondary and tertiary recovery do they do? For example, are they doing CO2 injection on any north slope fields?