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BP production down in third quarter - operational problems centered around Alaskan shutdown blamed
Peter Oberois
Oct. 4, 2006
The problems arise when these companies try to pump at 100% capacity levels.BP production is down in third quarter - operational problems centered around Alaskan shutdown.
The operational, maintenance and production caosts are higher, capacity output in terme of millions of barrels of output per day is lower by 5%.
On the news, BP stock took a hammering and went 52 week low.
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