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Santa Fe Energy Resources Inc (SFER) has increased the oil production of its Kern River project with a $5 million, 5-year redevelopment project. Oil production has rising to 4,000 barrels per day (b d), from 1,600 b d. Operating costs have also dropped to $4 b d, from $8 b d. To achieve these goals, SFER has implemented a cyclic steam project, using innovative operating techniques, such as the use of steam generators that are able to run on both natural gas or crude oil., Santa Fe Energy Resources Inc.'s aggressive redevelopment of it's Kern River operations increased oil production from 1,600 b/d to over 4,000 b/d, reduced operating costs from over $8 to about [...]

The 1990s ushered in the era of deregulation, bringing the disposition of generation assets by utilities, the decline or end of rate cases, and the reluctance of state commissions to [...]