Quote:
Originally Posted by baddog
What connection would that be?
.
|
former chairman of Alaska Oil and gas Conservation Commission
The State of Alaska and other interested parties are engaged in determining how best to bring North Slope gas to market. The Alaska Oil and gas Conservation Commission ("AOGCC") has a very important role in this process ? to protect the public?s interest by preventing waste and
insuring greater ultimate recovery of both oil and gas. To fulfill this role, the AOGCC will decide what gas offtake rates should be allowed from Prudhoe Bay and other North Slope oilfields. Considering only the laws of science, these decisions are very simple; to prevent waste and
insure a greater ultimate hydrocarbon recovery, produce all of the commercially recoverable oil in a reservoir first, and then ?blow down? its gas cap. The AOGCC recognizes, however, that many other factors will ? and should ? be considered in exercising its regulatory powers.