[Federal Register: June 2, 1999 (Volume 64, Number 105)]
[Notices]               
[Page 29669]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr02jn99-82]

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DEPARTMENT OF JUSTICE

Antitrust Division

 
Notice Pursuant to the National Cooperative Research and 
Production Act of 1993--DeepVision L.L.C.

    Notice is hereby given that, on March 12, 1999, pursuant to Section 
6(a) of the National Cooperative Research and Production Act of 1993, 
15 U.S.C. 4301 et seq. (``the Act''), Baker Hughes DeepVision Holdings, 
Incorporated has filed written notification simulataneously 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 Baker Hughes DeepVision 
Holdings, Inc., Houston, TX; Baker Hughes Oilfield Operations, Inc., 
Houston, TX; Transocean Offshore Inc., Houston, TX; and Transocean 
Offshore D.V. Inc., Houston, TX. In addition, each of the following 
companies, none of which has an equity or other ownership interest in 
DeepVision L.L.C. (``DeepVision''), has agreed to fund a portion of the 
costs required to determine the feasibility of, and to develop, certain 
technology to be used in the services proposed to be offered by 
DeepVision: Amoco Production Company, New Orleans, LA; Mobil Technology 
Company, Dallas, TX; EEX Corporation, Houston, TX; and Chevron 
Petroleum Company, Houston, TX (collectively, the Operator 
participants). In return for such funding, the Operator Participants 
will have preferential rights to contract with DeepVision for such 
services, if such technology is developed and is determined to be 
commercially feasible.
    The nature and objectives of the venture are for the purpose of 
marketing and selling services (and developing technology to provide 
those services) for offshore oil and gas wells that have all of the 
following elements: (1) The services are provided to offshore wells and 
for offshore operations; (2) the services utilize reeled systems 
technology that DeepVision has developed or acquired; and (3) the 
services consist of services for one or more of the following 
activities: (a) the drilling and/or completion of new subsea wellbores; 
(b) the intervention and/or workover of existing subsea wellbores; or 
the installation, maintenance and repairs of subsea oilfield facilities 
associated with subsea wellbores. As used herein, ``subsea wellbores'' 
means offshore wellbores having a subsea wellhead at or near the sea 
bottom. However, the scope of DeepVision's operations does not extend 
to services provided by Transocean Offshore Inc.'s (and its 
affiliates') existing fleet of conventional coiled tubing drillling 
vessels and systems for semi-submersibles and offshore platforms, nor 
to Baker Hughes Incorporated's (and its affiliates') coil tubing 
services of the type corresponding to their existing services that 
operate (a) Onshore, (b) through surface completions or (c) through 
conventional subsea workover, drilling or production risers.
Constance K. Robinson,
Director of Operations, Antitrust Divison.
[FR Doc. 99-13275 Filed 6-1-99; 8:45 am]
BILLING CODE 4410-11-M