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A wave of independent oil and gas companies has swept into Alaska's Cook Inlet region in recent years.

Next year will be an active one for Forest Oil Corp.'s Alaska business unit, as roughly 20-25% of the Denver-based independent's exploration and production budget for 2003 is targeted for operations in that state's Cook Inlet area.

Installation of the LEOS leak-detection system on the Northstar crude oil pipeline project in Alaska's Beaufort Sea was in response to a US Army Corp. of Engineers' requirement for a system to protect the subsea oil line against small, hard-to-detect leaks during winter months of continuous ice cover.

US congressional lawmakers still want to pass a sweeping energy reform bill that streamlines federal clean fuel rules and imposes a fuel ethanol mandate, according to oil and farm interests.

Industry reemphasized its support for pipeline safety reauthorization legislation that passed Congress last month by unanimous consent.

Because of oil price fluctuations and terrorist threats, the issue of energy security is back on the public agenda with renewed focus on nonconventional sources, says Robert Priddle, executive director of the International Energy Agency.

The White House wants industry's help reshaping climate change policy.

Energy poverty, although concentrated in developing countries, challenges governments around the world, says an official of the International Energy Agency.

Williams Cos. Inc. reported late last month signing a definitive agreement to sell its Memphis refinery and other related operations to Old Greenwich, Conn.-based independent refiner Premcor Inc. for $465 million in cash.

Houston-based Dynegy Inc. announced that Nick J. Caruso has been named executive vice-president and chief financial officer. In his new position, Caruso will be responsible for Dynegy's financial affairs, including treasury, tax, investor relations, risk management, internal audit, and lender and credit rating agency relationships.

Exploration activity the past 5 years has done much to heighten the petroleum potential of Portugal's Lusitanian basin. A new, subsalt petroleum system involving Triassic synrift sandstone reservoirs has been documented, significant volumes of gas in place have been confirmed in a 700-m column of fractured and vuggy Jurassic limestones, and Upper Jurassic reefs analogous to recent discoveries in the offshore of Eastern Canada have been delineated.

ConocoPhillips said it expects government approval in 2003 of its planned development of giant Corocoro field in the southwestern Gulf of Paria.

Horizontal wells, multilateral wells, solvents, steam-assisted gravity drainage (SAGD), on site upgrading, in situ upgrading, and alternative fuels are some existing and emerging technologies that are improving the prospects for producing economically the world's vast heavy oil and bitumen resources

A group of operating companies with gas well completions in South Texas participated in a 400-well drilling costs and practices benchmarking study. The 12 companies, of all sizes from independents to majors, had drilled the wells in Texas Railroad Commission Districts 1, 2, 3, and 4 during 2001.

The National Iranian South Oil Co. (NISOC), Ahwaz, Iran, has applied horizontal drilling technology to the country's carbonate and sandstone reservoirs to increase recoverable reserves, well productivity, and production efficiency.

Alternative-orientation hydraulic refracturing successfully stimulated low-permeability reservoirs in the Maling oil field, China.

A new cubic molecular-based equation of state (MMM) accurately calculates pressure, volume, temperature (PVT) and vapor-liquid equilibrium (VLE) data for pure and mixed fluids.

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