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Vol. 8, No. 21 Week of May 25, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry

Gulf producers to work together on development

Huge risks for Shell, Chevron, Unocal in ultra-deepwater Alaminos Canyon

Petroleum News Houston Staff

Major players in the Gulf of Mexico’s ultra-deepwater Alaminos Canyon, faced with enormous financial risks, now say they are going to work together on how best to proceed with developing combined reserves that could exceed 1 billion barrels of oil equivalent. But field operators Shell, ChevronTexac....

    [additional news subjects in this story]

Faster development closer to pipelines

Floating production, storage and offloading system


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