Special expenditures

Oil & Gas Journal's 2000 Capital Spending Outlook, beginning on p. 44, shows recent trends in oil company spending and estimated expenditures for the current year.Outside of the daily expenses involved in exploration and production, refining, and pipelines that are covered in the report, several large companies with deepwater interests are helping to fund a research project in the North Sea.An experiment will be conducted this June off the coast of Norway to show how oil and gas behave when released in deepwater as the result of a blowout or pipeline leak. Chevron Corp. is spearheading the project, dubbed Deep Spill, with funding coming from the US Minerals Management Service and a nu...

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