Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF APRIL 26,1995 PSA#1333

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

A -- NATIONAL OIL PROGRAM RESERVOIR MANAGEMENT DEMONSTRATION PROJECTS, DUE 093095. Contact: Lance Cole, Program Manager, 918/337-4665. 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 independent petroleum operators for participation in cost-shared Cooperative Research and Development Agreements (CRADAs) to improve the transfer of those technologies necessary to enhance the future management of new and existing oil reservoirs. 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 long-term economic recovery. Through the regional lead orginazations, the Petroleum Technologyy Transfer Council (PTTC) will stimulate operator interest and provide a mechanism 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 with the interested independent operators for those reservoir management demonstration projects meeting the following qualifications: (1) operators qualify as a small business; (2) projects must propose at least 50% cost sharing using available resources (people, equipment, technology, technology, and money); (3) projects must involve multiple operators; (4) projects must involve a significant regional resource and/or address a major technology need; (5) projects must include frequent workshops for transferring hands-on experience to industry; (6) projects must be oil-production oriented; (7) projects must demonstrate the use of interdisciplinary reservoir management teams; and (8) priority will be given to those demonstration projects in the following PTTC regions: Central Gulf, Eastern Gulf, Midwest, New Mexico, Northern Mid-Continent, Southern Mid-Continent, Rocky Mountain, 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 operator 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 encouraged. Project start dates are planned for the Summer of 1995. Independent 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 letter of interest. To be considered for this year's program, letters of interest should be sent to BDM-Oklahoma, Inc., P.O. Box 2565, 220 N. Virginia, Bartlesville, OK 74005. This solicitation will be held in an open status through September 30, 1995. Any letters of interest received by September 30, 1995 which are not selected for 1995 CRADA participation will be considered for the 1996 Plan unless located in a PTTC region that is no longer eligible due to prior awards. (111)

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