[Federal Register Volume 84, Number 178 (Friday, September 13, 2019)]
[Notices]
[Page 48377]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-19840]


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DEPARTMENT OF JUSTICE

Antitrust Division


Notice Pursuant to the National Cooperative Research and 
Production Act of 1993--Cooperative Research Group on Mechanical 
Stratigraphy and Natural Deformation in the Permian Strata of Texas and 
New Mexico: Implications for Exploitation of the Permian Basin--Phase 2

    Notice is hereby given that, on August 15, 2019, pursuant to 
Section 6(a) of the National Cooperative Research and Production Act of 
1993, 15 U.S.C. 4301 et seq. (``the Act''), Southwest Research 
Institute--Cooperative Research Group on Mechanical Stratigraphy and 
Natural Deformation in the Permian Strata of Texas and New Mexico: 
Implications for Exploitation of the Permian Basin--Phase 2 (``Permian 
Basin--Phase 2'') has filed written notifications simultaneously with 
the Attorney General and the Federal Trade Commission disclosing (1) 
the identities of the parties to the venture 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 
to the venture are: Noble Energy, Houston, TX; and Chevron U.S.A. Inc., 
Midland, TX. The general area of Permian Basin--Phase 2's planned 
activity will involve building on research conducted in Phase 1 of the 
Consortium, continued analysis of deformation and mechanical 
stratigraphy in Permian strata exposed in and around the Permian Basin 
of Texas and New Mexico. Planned activity involves intensive data 
collection and quantitative analysis of systematic fracture networks 
and associated deformation related to lithostratigraphy and mechanical 
stratigraphy. This work will develop datasets based on outcrop and 
core, that can be used to inform predictive models of fracturing in the 
Permian Basin. Subsurface investigations include numerical 
geomechanical modeling of deformation related to tectonic activity and 
hydraulic fracturing within productive and potentially productive 
portions of the Permian Basin.

Suzanne Morris,
Chief, Premerger and Division Statistics Unit, Antitrust Division.
[FR Doc. 2019-19840 Filed 9-12-19; 8:45 am]
BILLING CODE 4410-11-P