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Vol. 5, No. 4 Week of April 28, 2000
Providing coverage of Alaska and northern Canada's oil and gas industry


Early trades created two participating areas at Prudhoe

Oil, gas interests not aligned; litigation over Phillips Petroleum’s acquisition of ARCO Alaska was opportunity to solve problem

Kristen Nelson

PNA News Editor

When the major Prudhoe Bay owners aligned their interests in mid-April, they solved a problem which has existed since the Prudhoe Bay unit was formed. Because there was no agreed-upon price for the field’s natural gas — because there was no way to get the gas to market — the field owners formed two....

    [additional news subjects in this story]

Balance couldn’t hold up over time

Quite an opportunity


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