HOME PAGE SUBSCRIPTIONS, Print Editions, Newsletter PRODUCTS READ THE PETROLEUM NEWS ARCHIVE! ADVERTISING INFORMATION EVENTS PETROLEUM NEWS BAKKEN MINING NEWS

Providing coverage of Alaska and northern Canada's oil and gas industry
July 2008

Vol. 13, No. 30 Week of July 27, 2008

State puts modeling projects out to bid

The Alaska Department of Natural Resources has begun looking for companies to conduct modeling projects on North Slope oil and gas reservoirs.

The state is looking to spend $3 million over the next three years on up to two “term contracts,” which set up a working relationship between the state and a contractor, but do not actually authorize any work up front.

The state recently completed a term contract for similar work issued in 2006.

During the regular legislative session earlier this year, state lawmakers approved a $4 million allocation for evaluating the best use of North Slope natural gas resources. The goal is to put as much gas into a pipeline as possible while still keeping gas for oil recovery.

The scope of the new contract covers that modeling effort as well as a range of other possible jobs related to geologic and engineering data.

The contract went out for bid on July 14 and will close on Aug. 5. The contract is set to begin on Aug. 25 and run through the end of June 2011.

—Eric Lidji






Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.