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Article: Independents and big three unite on North Slope: exploration and production are 'more robust' this year than recent past.(OIL & GAS)
- Article from:
- Alaska Business Monthly
- Article date:
- May 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Alaska Business Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Alaska's North Slope oil fields are entering a new phase of increased activity--one in which independents are working beside and with the three majors that currently produce the flow of oil from the maturing resource-rich region.
"It's certainly looking more robust than it has for a number of years," said Paul Laird, general manager of the Alaska Support Industry Alliance. "Look at the difference in oil price and the oil price outlook versus five years ago."
Recent new players to the North Slope fields include Shell Offshore, Talisman Energy's subsidiary FEX, Kerr-McGee, Chevron, Pioneer Natural Resources, a subsidiary of Italy's based Eni SpA, and a ...