PTTC focusing on survival plan for U.S. independent producers

The Petroleum Technology Transfer Council is redirecting most of its efforts in 1999 to help U.S. independent oil operators survive low oil prices. PTTC's board and regional directors ordered the effort at a Dec. 6 meeting in Salt Lake City. The group was formed in 1994 to accelerate the dissemination of technology to independent exploration and production companies, and to communicate industry's needs to the research and development community.

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