97-31304. Notice Pursuant to the National Cooperative Research and Production Act of 1993Petroleum E&P Research Cooperative

[Federal Register Volume 62, Number 229 (Friday, November 28, 1997)]
[Notices]
[Page 63389]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-31304]


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DEPARTMENT OF JUSTICE

Antitrust Division


Notice Pursuant to the National Cooperative Research and 
Production Act of 1993--Petroleum E&P Research Cooperative

    Notice is hereby given that, on August 26 and September 9, 1997, 
pursuant to Section 6(a) of the National Cooperative Research and 
Production Act of 1993, 15 U.S.C. Sec. 4301 et seq, (``the Act''), 
Petroleum E&P Research Cooperative (``Cooperative'') has filed written 
notifications simultaneously with the Attorney General and the Federal 
Trade Commission disclosing changes in its membership. The 
notifications were filed for the purpose of extending the Act's 
provisions limiting the recovery of antitrust plaintiffs to actual 
damages under specified circumstances. Specifically, Phillips Petroleum 
Company of Bartlesville, OK has become a new member of the Cooperative.
    The Cooperative intends to undertake the following research 
projects: ``Risk Assessment for Current Multilateral Systems'' to 
provide a complete overview and a risk assessment of multilateral well 
completion systems currently in use particularly focusing on the Level 
III and Level IV type lateral well systems (mechanical integrity and 
pressure-sealed lateral wells, respectively); ``Enhancing Well Value by 
Minimizing Damage from Drilling Fluids'' to test and model the damage 
and cleanup performance of various drill-in fluids in simulated oil and 
gas wells, i.e., various screen and gravel pack configurations at 
temperature and pressure, with a special emphasis on the effect of 
solids; ``Nuclear Magnetic Resonance Well Logging with Superconducting 
Magnets'' to build and test the world's first superconducting NMR 
logging tool which can extend NMR imaging and spectroscopy into native 
reservoir formations surrounding a borehole, the initial phase 
targeting to design and evaluate a prototype cryogenic system and 
prototype coil for the magnet and considering the limitations imposed 
by the logging environment and experience gained from the current 
generation of permanent magnet based tools; and ``Advanced Casing 
Lateral Juncture Technologies for Multi-Lateral Wells-Phase I'' to 
identify novel concepts and, in particular, consider advanced 
technologies from other industries that may be used to meet the 
functional performance requirements for a high-pressure hydraulic seal 
with full-bore access at the casing-to-lateral juncture in multilateral 
wells.
    The Cooperative was formed by a written agreement dated October 16, 
1996, to develop new and improved technology to meet the needs of the 
exploration and production functions of the petroleum industry in areas 
where joint research is appropriate.
    Membership in this group research project remains open, and the 
Cooperative intends to file additional written notification disclosing 
all changes in membership.
    On January 16, 1997, Petroleum E&P Research Cooperative filed its 
original notification pursuant to Section 6(a) of the Act. The 
Department of Justice published a notice in the Federal Register 
pursuant to Section 6(b) of the Act on February 13, 1997, (62 FR 6801).
    The last notification was filed with the Department on August 22, 
1997. The notice has not been published.
Constance K. Robinson,
Director of Operations, Antitrust Division.
[FR Doc. 97-31304 Filed 11-26-97; 8:45 am]
BILLING CODE 4410-11-M