BP Prudhoe Bay Royalty Trust (BPRT) is a US based oil and gas grantor trust in which The Bank of New York Mellon is the trustee and F. James Hutchinson is the co-trustee. The Prudhoe Bay field, located on the North Slope in Alaska is operated by BP Alaska and contains nearly 150,000 productive acres. As of December 31, 2009, production of oil and condensate from the Prudhoe Bay field stood at 68.144 billion barrels, of which 57.077 are proved developed reserves. The Prudhoe Bay field is one of four contiguous North Slope oil fields that are operated by BP Alaska, Prudhoe Bay Unit. In addition, BPRT has non-operating mineral assests in Prudhoe Bay oil field in Alaska. BPRT is headquartered at NewYork, the US.