Description

BP Prudhoe Bay Royalty Trust operates domestically as a grantor trust, holding an overriding royalty interest in the substantial Prudhoe Bay oil field. This significant Alaskan resource is located on the North Slope, spanning approximately 12 miles by 27 miles and encompassing an estimated 150,000 gross productive acres. The trust itself was established in 1989 and maintains its headquarters in Houston, Texas.