01/23/2001 10:02 AM House O&G

                    ALASKA STATE LEGISLATURE                                                                                  
             HOUSE SPECIAL COMMITTEE ON OIL AND GAS                                                                           
                        January 23, 2001                                                                                        
                           10:02 a.m.                                                                                           
                                                                                                                                
                                                                                                                                
COMMITTEE CALENDAR                                                                                                            
                                                                                                                                
"SEVEN SNAPSHOTS  OF OIL &  GAS IN ALASKA,"  PART 1, AK OIL  & GAS                                                              
ASSOCIATION                                                                                                                     
                                                                                                                                
TAPES                                                                                                                         
                                                                                                                                
01-3, SIDES A & B                                                                                                               

01-4, SIDE A                                                                                                                    
                                                                                                                                
CALL TO ORDER                                                                                                                 
                                                                                                                                
REPRESENTATIVE  SCOTT  OGAN,  Chair,   called  the  House  Special                                                              
Committee on Oil and Gas meeting to order at 10:02 a.m.                                                                         
                                                                                                                                
PRESENT                                                                                                                       
                                                                                                                                
Committee  members  present  were   Representatives  Ogan,  Dyson,                                                              
Chenault,  Fate, Kohring,  Guess, and  Joule.   Also present  were                                                              
Representatives Lancaster and Green.                                                                                            
                                                                                                                                
SUMMARY OF INFORMATION                                                                                                        
                                                                                                                                
There was a  basic introduction to  oil and gas by the  Alaska Oil                                                              
&  Gas  Association   (AOGA).    Handouts  were   provided.    All                                                              
presentations were followed by questions from committee members.                                                                
                                                                                                                                
GARY  CARLSON,  Senior  Vice-President,  Forest  Oil  Corporation,                                                              
presented Snapshot  1 -  Oil and Gas  in Cook Inlet:   Why  It Is,                                                              
Who Produces It?                                                                                                                
                                                                                                                                
DAN  KRUSE, Development  Manager  for  the Greater  Kuparuk  Area,                                                              
Phillips Alaska, Inc.,  presented Snapshot 2 - Oil  and Gas On the                                                              
North Slope:  Why It Is; Where It Is; Who Produces?                                                                             
                                                                                                                                
TOM WILLIAMS,  Alaska Tax Counsel,  BP Exploration  (Alaska) Inc.,                                                              
presented  Snapshot 3  - Taxes  and Royalties:   How  Much and  To                                                              
Whom - the State, Local and Federal Share.                                                                                      
                                                                                                                                
ANNOUNCEMENTS                                                                                                                 
                                                                                                                                
Members were  asked to keep their  packets for the second  half of                                                              
AOGA's presentation, to be held the following Thursday.                                                                         
                                                                                                                                
COMMITTEE ACTION                                                                                                              
                                                                                                                                
The committee took no action.                                                                                                   
                                                                                                                                
ADJOURNMENT                                                                                                                   
                                                                                                                                
CHAIRMAN OGAN  adjourned the  House Special  Committee on  Oil and                                                              
Gas meeting at 11:38 a.m.                                                                                                       
                                                                                                                                
                                                                                                                                
NOTE:   The meeting  was recorded and  handwritten log  notes were                                                              
taken.   A copy of the  tape(s) and log  notes may be  obtained by                                                              
contacting  the House  Records Office  at State  Capitol, Room  3,                                                              
Juneau,  Alaska   99801  (mailing  address), (907)  465-2214,  and                                                              
after  adjournment  of the  second  session of  the  Twenty-Second                                                              
Alaska  State Legislature  this  information  may  be obtained  by                                                              
contacting the Legislative Reference Library at (907) 465-3808.