[Federal Register Volume 62, Number 30 (Thursday, February 13, 1997)]
[Notices]
[Page 6801]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-3639]


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DEPARTMENT OF JUSTICE

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

    Notice is hereby given that, on January 16, 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 (1) the identities of the parties and (2) the 
nature and objectives of the venture. The notifications were filed for 
the purpose of invoking the Act's provisions limiting the recovery of 
antitrust plaintiffs to actual damages under specified circumstances. 
Pursuant to Section 6(b) of the Act, the identities of the parties are: 
Texas Engineering Experiment Station, a component of the Texas A&M 
University System; Amoco Production Company, Houston, TX; ARCO 
Exploration and Production Technology, Plano, TX; Exxon Production 
Research Company, Houston, TX; Mobil Technology Company, Farmers 
Branch, TX; Shell E&P Technology Company, Houston, TX; and Texaco Group 
Inc., Houston, TX. 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 is 
open to other companies that (directly or through affiliates) derive 
substantial revenues from petroleum exploration and production 
activities and do not receive significant revenues from involvement in 
the petroleum service industry.
Constance K. Robinson,
Director of Operations, Antitrust Division.
[FR Doc. 97-3639 Filed 2-12-97; 8:45 am]
BILLING CODE 4410-11-M