Petroleum News by Alan Bailey. James Watt (NGP Photo), president and COO of Buccaneer Alaska, told the Alaska Oil and Gas Congress on Sept. 18 that new exploration and development in the Cook Inlet basin are solving the local utility gas supply problems and that the time has come to focus on expanding the gas market beyond the Southcentral region. Market growth “We need growth in the market to really allow that additional activity to move forward,” Watt said. “Just meeting local demand should not be the goal of development for our industry.”
Leave A Comment