Special Report: Independents now dominating E&D action in Alaska's Cook Inlet

12/09/2002
A wave of independent oil and gas companies has swept into Alaska's Cook Inlet region in recent years.Once rare even in this lower-cost of Alaska's two producing provinces—the North Slope and adjacent waters being the other—independents now dominate exploration and development action in this still-prospective region.As with any maturing oil province, major oil and gas companies tend to pull back E&Dt efforts while independents move in and fill the void. Alaska has witnessed this trend, with the number of independents operating in the state having grown from about 6 companies 5 years ago to more than 20 independents today.Cook Inlet changes"Cook Inlet has changed. It ha...
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