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COMMERCE BUSINESS DAILY ISSUE OF JANUARY 18,1995 PSA#1264

BDM-Oklahoma, PO Box 2565, 220 N. Virginia Ave, Bartlesville, OK 74005

A -- NATIONAL OIL PROGRAM RESERVIOR MANAGEMENT DEMONSTRATION PROJECTS Contact: Lance Cole, Program Manager, 918/337-4565. BDM-Oklahoma (BDM-OK), Management & Operating contractor for DOE's National Oil and Related Programs under prime contract no. DE-AC22-94PC91008, is soliciting letters of interest from indepenent petroleum operators for participation in cost-shared Cooperative Research and Development Agreements (CRADAS) to improve the transfer of reservoir management technologies to industry. The purpose of this effort is to demonstrate that interdisciplinary reservoir management teams, using appropriate methods scaled to the size of the resource, are cost-effective in improving profitability, reducing reservoir abandonment, and enhancing log-term economic recovery. Through its regional lead organizations, the Petroleum Technology Transfer Council (PTTC) will stimulate operator interest and provide a mechanistm for nationwide technology transfer. Ultimate plans are to conduct as many as 15 different reservoir management projects, including one in each of the ten (10) PTTC regions. This synopsis relates to the 1995 Plan, which includes only the first two (2) demonstration projects. CRADAs will be initiated for thoe reservoir management demonstration projects with interested independent operators where the following program requirements can be achieved: (1) primary expression of interest must come from operators qualifying as small businesses; (2) at least 505 cost sharing; (3) all demonstration projects must involve multiple operators; (4) all demonstration projects must involve a significant regional resource and/or address a major technology need; (5) all demonstration projects must include frequent workshops for transferring hands-on experience to industry; (6) all demonstration projects must be oil-production oriented; (7) the use of interdisciplinary reservoir management teams; and (8) priority will be given to those demonstration projects in the following PTTC regions; Appalachia, Central Gulf, Eastern Gulf, Midwest, New Mexico, Northern Mid-Continent, Southern Mid-Continent, and Texas. Overall demonstration project selection will be based on the subjective assessment by BDM-OK of the ability of proposed projects to meet the above program requirements. For those projects selected, the independent opertator proposing the demonstration project will lead the reservoir management team with membership from other independent operators, BDM-OK, and other industry parties, including vendors, consultants, service companies, and university research organizations. Project start dates are planned for the Summer of 1995. Independant operators interested in working with BDM-OK on a multiple-party CRADA in reservoir management should contact Mr. Lance Cole at (918) 337-4565 to obtain a program information package, which describes the program in more detail and defines the information (text, project, and graphical data) that operators must submit with their letters of interest. To be considered for this year's program, all letters of interest must be received by BDM-Oklahoma, Inc., P.O. Box 2565, 220 N. Virginia, Bartsville, OK 74005, by Close-Of-Business, March 15, 1995. (012)

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