ARCO OFFERS CALIFORNIA SWAP OF OIL PROJECTS

01/28/1991
ARCO has made a novel proposal to California that will enable the two to resolve a dispute over an offshore project while the company proceeds with a significant secondary recovery project elsewhere in the state. ARCO wants to implement an improved waterflood in the Long Beach Unit (LBU). It would result in an added 50-80 million bbl of recoverable oil and net the state and the city of Long Beach another $200-650 million in revenues. ARCO would commit as much as $100 million to the LBU project. In return for approval on the project, ARCO will dismiss all claims against the state in a lawsuit related to its stymied Coal ...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected