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
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