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Reserve-Growth Assessment Project

Assessment of Potential Additions to Conventional Oil and
Gas Resources in Discovered Fields of the United States from
Reserve Growth, 2012
         The U.S. Geological Survey estimated volumes of technically recoverable, conventional petroleum
     resources that have the potential to be added to reserves from reserve growth in 70 discovered oil and gas
     accumulations of the United States, excluding Federal offshore areas. The mean estimated volumes are
     32 billion barrels of crude oil, 291 trillion cubic feet of natural gas, and 10 billion barrels of natural gas
     liquids.

Introduction                                                                 efficiency, and recalculation of reserves due to
     The U.S. Geological Survey (USGS) estimated                             changing economic and operating conditions.
volumes of technically recoverable, conventional oil                              Unlike past estimates of reserve growth that relied
and gas resources that have the potential to be added                        entirely on statistical extrapolations of growth trends,
to reserves (called “reserve growth” hereafter) in                           this assessment is based in part on detailed analysis of
70 discovered accumulations of the United States,                            geology and engineering practices used in the assessed
excluding Federal offshore areas. Most reserve                               producing accumulations. The assessment used pub-
growth results from delineation of new reservoirs,                           lished and commercial, proprietary sources of geologic
field extensions, improved technology that enhances                          information and field production data.




                       Pumps at Santa Fe Springs field, Los Angeles, California, U.S.A. Photograph by Ken Takahashi,
                       U.S. Geological Survey, January 2011.
U.S. Department of the Interior                                                                                         Fact Sheet 2012–3108
U.S. Geological Survey                                                                                                          August 2012
Methodology                                                     Reserve growth of oil was assessed for oil accu-
                                                           mulations (accumulations having a gas-to-oil ratio
     In the past, the USGS estimated reserve growth        of less than 20,000 cubic feet of recoverable natural
by statistical curve-fitting, regression methods using     gas per barrel of recoverable crude oil), and nonas-
historical data on known recoverable oil and gas
                                                           sociated gas was assessed for only gas accumulations
(cumulative production plus remaining reserves).
                                                           (20,000 cubic feet of recoverable natural gas per bar-
Those regression methods were based on growth rates
                                                           rel of recoverable crude oil or more). Reserve growth
averaged by the number of years since accumulation
                                                           of coproducts was calculated by statistical combina-
discovery. Accumulations within mature petroleum
                                                           tion (multiplication) using Monte Carlo simulation
provinces that exhibit volumetrically significant
                                                           of the reserve growth of the primary commodity (oil
reserve growth, however, cause bias regression models
of the data. Therefore, accumulations that have grown      or gas) with the volumetric coproduct ratios. The
by greater proportions than other accumulations of         growth of associated and dissolved gas, along with
similar age are best analyzed separately from those        natural gas liquids in the associated and dissolved
with only minor reserve growth. Reserve growth             gas, was calculated for oil fields. The growth of oil
in fields of the United States was analyzed to deter-      plus natural gas liquids (total liquids) was calcu-
mine which fields contributed most to reserve growth       lated for nonassociated gas fields. Coproduct reserve
between 1982 and 2006, using field- and reservoir-         growth was not estimated for fields having unre-
production data from a commercial, proprietary             ported coproduct volumes.
database.                                                       Growth of oil reserves in the 68 assessed indi-
     	 The assessment methodology used to assess           vidual oil accumulations accounts for about 70 per-
reserve growth in conventional accumulations of U.S.       cent of the potential reserve growth of the United
fields is described in Klett and others (2011). The        States; the other 30 percent attributed to smaller
primary data used to estimate reserve growth are origi-    accumulations was estimated by regression methods.
nal in-place volumes and recovery factors. Identified      Almost all of the reserve growth of nonassociated gas
unconventional (continuous) oil and gas accumula-          and liquids in gas accumulations was estimated by
tions were excluded from the assessment.                   regression methods. Although identified unconven-
     Fifty-five large oil fields and 35 large gas fields   tional accumulations were not included in the assess-
significantly contributed to reserve growth during         ment, unrecognized unconventional accumulations,
the time of the dataset. Within the 55 oil fields, 68      particularly gas in tight reservoirs, might have been
individual conventional accumulations (reservoirs or       included. Inclusion of unconventional accumulations
groups of reservoirs) were identified and assessed. Of     greatly affects the assessment results by providing
the 35 gas fields, only 2 accumulations were individu-     unrealistically large estimates.
ally assessed. Unconventional accumulations contrib-
uted to reserve growth in the remaining 33 gas fields,     Assessment Results
which were excluded from the assessment. Once the
identified unconventional reservoirs were removed,             Estimated mean volumes of technically recover-
many of the 33 gas fields showed little significant        able, conventional oil and gas resources of the United
reserve growth and were assessed by regression             States that have the potential to be added to reserves
methods.                                                   from reserve growth are listed in table 1. The esti-
     Probability distributions were assigned to reported   mates are about 32 billion barrels (BB) of crude oil,
original in-place volumes and to reported recovery         291 trillion cubic feet (TCF) of natural gas (50 TCF
factors. The original in-place and recovery factor         of associated and dissolved natural gas and 241 TCF
distributions assigned to a given accumulation were        of nonassociated natural gas), and 10 BB of natural
statistically combined (multiplied) by Monte Carlo         gas liquids (3 BB of natural gas liquids in oil accu-
simulation, and known recoverable volumes were             mulations and 7 BB of total liquids in nonassociated
subtracted to provide a probability distribution of        gas accumulations). No attempt was made to estimate
estimated reserve growth. Estimates of reserve growth      economically recoverable resources. Continuous, or
for each accumulation were aggregated together and         unconventional, oil and gas accumulations, such as
aggregated with estimates of reserve growth calcu-         shale gas, tight gas, tight oil, and tar sands, were not
lated by regression methods.                               included in this study.
Table 1.  Estimated reserve growth of discovered accumulations of the United States (technically recoverable, conventional
    petroleum resources).
    [BB, billion barrels; TCF, trillion cubic feet. For gas fields, all liquids are included under the natural gas liquids (NGL) category. Accums.,
    accumulations. F95 denotes a 95-percent chance of at least the amount tabulated. Other fractiles are defined similarly. Negative values
    indicate the possibility that reported reserves could decrease. Fractiles are not additive except under the assumption of perfect positive
    correlation. Gray shading indicates not applicable]

      Reserve growth by assessment                 Number                                Estimated reserve growth
     method for discovered fields of the   Field                   Oil (BB)                     Gas (TCF)                       NGL (BB)
                                                      of
               United States               type                                                F50     F5 Mean                 F50    F5     Mean
                                                   accums. F95    F50     F5    Mean     F95                           F95
                                           Oil        68                          22                            32                             2
     Individual accumulation analysis
                                           Gas         2                                                         0.3                          -0.2

                                           Oil      9,168                         10                            18                             1
     Regression method
                                           Gas      5,169                                                      241                             7



     Aggregated reserve growth             Oil      9,236   23     31      41     32      39      50     62     50      2       3      4       3
       by commodity                        Gas      5,171                                187    240     298    241      6       7      9       7

     Total reserve growth                          14,407                         32                           291                            10




     Estimated mean volumes of technically recov-                                   4. For the Gulf Coast region, about 3,448 MMB
erable, conventional oil and gas resources of U.S.                              of crude oil, 143,557 BCF of natural gas (8,576 BCF
regions that have the potential to be added to reserves                         of associated and dissolved natural gas and 134,981
from reserve growth are listed in table 2. They are as                          BCF of nonassociated natural gas), and 4,814 MMB
follows:                                                                        of natural gas liquids (412 MMB of natural gas
     1. For the combined Alaska and the Pacific
                                                                                liquids in oil accumulations and 4,402 MMB of total
regions, about 20,210 million barrels (MMB) of
crude oil, 31,921 billion cubic feet (BCF) of natural                           liquids in nonassociated gas accumulations).
gas (23,717 BCF of associated and dissolved natural                                 5. For the combined Midcontinent and Eastern
gas and 8,204 BCF of nonassociated natural gas), and                            regions, about 1,522 MMB of crude oil, 45,318 BCF
1,466 MMB of natural gas liquids (1,443 MMB of                                  of natural gas (1,561 BCF of associated and dis-
natural gas liquids in oil accumulations and 23 MMB                             solved natural gas and 43,757 BCF of nonassociated
of total liquids in nonassociated gas accumulations).                           natural gas), and 788 MMB of natural gas liquids
     2. For the Colorado Plateau and Basin and Range                            (89 MMB of natural gas liquids in oil accumulations
region, which was combined with the Rocky Moun-                                 and 699 MMB of total liquids in nonassociated gas
tains and Northern Great Plains region, about 1,730                             accumulations).
MMB of crude oil, 18,434 BCF of natural gas (2,359
                                                                                    The combined Alaska and the Pacific Coast
BCF of associated and dissolved natural gas and
16,075 BCF of nonassociated natural gas), and 561                               regions should have the greatest amount of oil reserve
MMB of natural gas liquids (149 MMB of natural                                  growth, whereas the Gulf Coast region should have
gas liquids in oil accumulations and 412 MMB of                                 the greatest amount of gas reserve growth.
total liquids in nonassociated gas accumulations).
     3. For the West Texas and Eastern New Mexico                               For Further Information
region, about 4,855 MMB of crude oil, 51,721 BCF
                                                                                    Supporting geologic studies of total petroleum
of natural gas (13,601 BCF of associated and dis-
solved natural gas and 38,120 BCF of nonassociated                              systems and assessment units, and reports on the
natural gas), and 2,699 MMB of natural gas liquids                              methodology used in this assessment of the world
(881 MMB of natural gas liquids in oil accumula-                                outside the United States, as well as the assessment
tions and 1,818 MMB of total liquids in nonassoci-                              results, are available at the USGS Energy website:
ated gas accumulations).                                                        http://energy.usgs.gov/.
Table 2.  Estimated reserve growth of discovered accumulations in regions of the United States (technically recoverable,
conventional petroleum resources).
[MMB, million barrels; BCF, billion cubic feet. For gas fields, all liquids are included under the natural gas liquids (NGL) category. F95
denotes a 95-percent chance of at least the amount tabulated. Other fractiles are defined similarly. Negative values indicate the possibility
that reported reserves could decrease. Fractiles are not additive except under the assumption of perfect positive correlation. Gray shading
indicates not applicable]

                                          Number                                       Estimated reserve growth
 Regions of the United States     Field                      Oil (MMB)                        Gas (BCF)                         NGL (MMB)
                                             of
                                  type                                                       F50     F5 Mean                    F50   F5 Mean
                                           fields    F95     F50    F5       Mean      F95                               F95
                                   Oil      296     12,849 19,894 28,603 20,210 15,347 23,439 33,016 23,717              900    1,426   2,043   1,443
 Alaska and Pacific Coast
                                  Gas       154                                        4,021   7,867 13,479      8,204    11      22      38      23

 Total                                      450                              20,210                             31,921                          1,466


 Colorado Plateau and Basin and    Oil     1,402     1,287   1,712   2,223    1,730    1,823   2,335   2,961     2,359   116     148     186     149
   Range, and Rocky Mountains
   and Northern Great Plains      Gas       243                                        6,541 14,810 29,529 16,075        168     379     756     412

 Total                                     1,645                              1,730                             18,434                           561



 West Texas and Eastern            Oil     2,511     2,952   4,786   6,983    4,855 10,181 13,521 17,319 13,601          607     873    1,184    881
   New Mexico                     Gas       774                                       25,407 37,256 53,613 38,120 1,212         1,777   2,557   1,818

 Total                                     3,285                              4,855                             51,721                          2,699


                                   Oil     2,239     2,671   3,422   4,310    3,448    6,766   8,515 10,555      8,576   320     409     514     412
 Gulf Coast
                                  Gas      2,712                                      98,050 134,783 172,103 134,981 3,195      4,395   5,612   4,402

 Total                                     4,951                              3,448                            143,557                          4,814


                                   Oil     2,788     1,146   1,503   1,962    1,522    1,228   1,546   1,944     1,561    -22     79     230      89
 Midcontinent and Eastern
                                  Gas      1,288                                      28,738 43,055 61,280 43,757        409     687    1,032    699

 Total                                     4,076                              1,522                             45,318                           788



                                  Reference Cited
                                  Klett, T.R., Attanasi, E.D., Charpentier, R.R., Cook,
                                   T.A., Freeman, P.A., Gautier, D.L., Le, P.A., Ryder,
                                   R.T., Schenk, C.J., Tennyson, M.E., and Verma,
                                   M.K., 2011, New U.S. Geological Survey method
                                   for the assessment of reserve growth: U.S. Geolog-
                                   ical Survey Scientific Investigations Report 2011-
                                   5163, 8 p., accessed August 1, 2012, at http://pubs.
                                   usgs.gov/sir/2011/5163/.


                                  Reserve Growth Assessment Team
                                      Timothy R. Klett (tklett@usgs.gov), Troy A.
                                  Cook, Ronald R. Charpentier, Marilyn E. Tennyson,
                                  Emil D. Attanasi, Phil A. Freeman, Robert T. Ryder,
                                  Donald L. Gautier, Mahendra K. Verma, Phuong A.
                                  Le, and Christopher J. Schenk.

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Fs12 3108

  • 1. Reserve-Growth Assessment Project Assessment of Potential Additions to Conventional Oil and Gas Resources in Discovered Fields of the United States from Reserve Growth, 2012 The U.S. Geological Survey estimated volumes of technically recoverable, conventional petroleum resources that have the potential to be added to reserves from reserve growth in 70 discovered oil and gas accumulations of the United States, excluding Federal offshore areas. The mean estimated volumes are 32 billion barrels of crude oil, 291 trillion cubic feet of natural gas, and 10 billion barrels of natural gas liquids. Introduction efficiency, and recalculation of reserves due to The U.S. Geological Survey (USGS) estimated changing economic and operating conditions. volumes of technically recoverable, conventional oil Unlike past estimates of reserve growth that relied and gas resources that have the potential to be added entirely on statistical extrapolations of growth trends, to reserves (called “reserve growth” hereafter) in this assessment is based in part on detailed analysis of 70 discovered accumulations of the United States, geology and engineering practices used in the assessed excluding Federal offshore areas. Most reserve producing accumulations. The assessment used pub- growth results from delineation of new reservoirs, lished and commercial, proprietary sources of geologic field extensions, improved technology that enhances information and field production data. Pumps at Santa Fe Springs field, Los Angeles, California, U.S.A. Photograph by Ken Takahashi, U.S. Geological Survey, January 2011. U.S. Department of the Interior Fact Sheet 2012–3108 U.S. Geological Survey August 2012
  • 2. Methodology Reserve growth of oil was assessed for oil accu- mulations (accumulations having a gas-to-oil ratio In the past, the USGS estimated reserve growth of less than 20,000 cubic feet of recoverable natural by statistical curve-fitting, regression methods using gas per barrel of recoverable crude oil), and nonas- historical data on known recoverable oil and gas sociated gas was assessed for only gas accumulations (cumulative production plus remaining reserves). (20,000 cubic feet of recoverable natural gas per bar- Those regression methods were based on growth rates rel of recoverable crude oil or more). Reserve growth averaged by the number of years since accumulation of coproducts was calculated by statistical combina- discovery. Accumulations within mature petroleum tion (multiplication) using Monte Carlo simulation provinces that exhibit volumetrically significant of the reserve growth of the primary commodity (oil reserve growth, however, cause bias regression models of the data. Therefore, accumulations that have grown or gas) with the volumetric coproduct ratios. The by greater proportions than other accumulations of growth of associated and dissolved gas, along with similar age are best analyzed separately from those natural gas liquids in the associated and dissolved with only minor reserve growth. Reserve growth gas, was calculated for oil fields. The growth of oil in fields of the United States was analyzed to deter- plus natural gas liquids (total liquids) was calcu- mine which fields contributed most to reserve growth lated for nonassociated gas fields. Coproduct reserve between 1982 and 2006, using field- and reservoir- growth was not estimated for fields having unre- production data from a commercial, proprietary ported coproduct volumes. database. Growth of oil reserves in the 68 assessed indi- The assessment methodology used to assess vidual oil accumulations accounts for about 70 per- reserve growth in conventional accumulations of U.S. cent of the potential reserve growth of the United fields is described in Klett and others (2011). The States; the other 30 percent attributed to smaller primary data used to estimate reserve growth are origi- accumulations was estimated by regression methods. nal in-place volumes and recovery factors. Identified Almost all of the reserve growth of nonassociated gas unconventional (continuous) oil and gas accumula- and liquids in gas accumulations was estimated by tions were excluded from the assessment. regression methods. Although identified unconven- Fifty-five large oil fields and 35 large gas fields tional accumulations were not included in the assess- significantly contributed to reserve growth during ment, unrecognized unconventional accumulations, the time of the dataset. Within the 55 oil fields, 68 particularly gas in tight reservoirs, might have been individual conventional accumulations (reservoirs or included. Inclusion of unconventional accumulations groups of reservoirs) were identified and assessed. Of greatly affects the assessment results by providing the 35 gas fields, only 2 accumulations were individu- unrealistically large estimates. ally assessed. Unconventional accumulations contrib- uted to reserve growth in the remaining 33 gas fields, Assessment Results which were excluded from the assessment. Once the identified unconventional reservoirs were removed, Estimated mean volumes of technically recover- many of the 33 gas fields showed little significant able, conventional oil and gas resources of the United reserve growth and were assessed by regression States that have the potential to be added to reserves methods. from reserve growth are listed in table 1. The esti- Probability distributions were assigned to reported mates are about 32 billion barrels (BB) of crude oil, original in-place volumes and to reported recovery 291 trillion cubic feet (TCF) of natural gas (50 TCF factors. The original in-place and recovery factor of associated and dissolved natural gas and 241 TCF distributions assigned to a given accumulation were of nonassociated natural gas), and 10 BB of natural statistically combined (multiplied) by Monte Carlo gas liquids (3 BB of natural gas liquids in oil accu- simulation, and known recoverable volumes were mulations and 7 BB of total liquids in nonassociated subtracted to provide a probability distribution of gas accumulations). No attempt was made to estimate estimated reserve growth. Estimates of reserve growth economically recoverable resources. Continuous, or for each accumulation were aggregated together and unconventional, oil and gas accumulations, such as aggregated with estimates of reserve growth calcu- shale gas, tight gas, tight oil, and tar sands, were not lated by regression methods. included in this study.
  • 3. Table 1.  Estimated reserve growth of discovered accumulations of the United States (technically recoverable, conventional petroleum resources). [BB, billion barrels; TCF, trillion cubic feet. For gas fields, all liquids are included under the natural gas liquids (NGL) category. Accums., accumulations. F95 denotes a 95-percent chance of at least the amount tabulated. Other fractiles are defined similarly. Negative values indicate the possibility that reported reserves could decrease. Fractiles are not additive except under the assumption of perfect positive correlation. Gray shading indicates not applicable] Reserve growth by assessment Number Estimated reserve growth method for discovered fields of the Field Oil (BB) Gas (TCF) NGL (BB) of United States type F50 F5 Mean F50 F5 Mean accums. F95 F50 F5 Mean F95 F95 Oil 68 22 32 2 Individual accumulation analysis Gas 2 0.3 -0.2 Oil 9,168 10 18 1 Regression method Gas 5,169 241 7 Aggregated reserve growth Oil 9,236 23 31 41 32 39 50 62 50 2 3 4 3 by commodity Gas 5,171 187 240 298 241 6 7 9 7 Total reserve growth 14,407 32 291 10 Estimated mean volumes of technically recov- 4. For the Gulf Coast region, about 3,448 MMB erable, conventional oil and gas resources of U.S. of crude oil, 143,557 BCF of natural gas (8,576 BCF regions that have the potential to be added to reserves of associated and dissolved natural gas and 134,981 from reserve growth are listed in table 2. They are as BCF of nonassociated natural gas), and 4,814 MMB follows: of natural gas liquids (412 MMB of natural gas 1. For the combined Alaska and the Pacific liquids in oil accumulations and 4,402 MMB of total regions, about 20,210 million barrels (MMB) of crude oil, 31,921 billion cubic feet (BCF) of natural liquids in nonassociated gas accumulations). gas (23,717 BCF of associated and dissolved natural 5. For the combined Midcontinent and Eastern gas and 8,204 BCF of nonassociated natural gas), and regions, about 1,522 MMB of crude oil, 45,318 BCF 1,466 MMB of natural gas liquids (1,443 MMB of of natural gas (1,561 BCF of associated and dis- natural gas liquids in oil accumulations and 23 MMB solved natural gas and 43,757 BCF of nonassociated of total liquids in nonassociated gas accumulations). natural gas), and 788 MMB of natural gas liquids 2. For the Colorado Plateau and Basin and Range (89 MMB of natural gas liquids in oil accumulations region, which was combined with the Rocky Moun- and 699 MMB of total liquids in nonassociated gas tains and Northern Great Plains region, about 1,730 accumulations). MMB of crude oil, 18,434 BCF of natural gas (2,359 The combined Alaska and the Pacific Coast BCF of associated and dissolved natural gas and 16,075 BCF of nonassociated natural gas), and 561 regions should have the greatest amount of oil reserve MMB of natural gas liquids (149 MMB of natural growth, whereas the Gulf Coast region should have gas liquids in oil accumulations and 412 MMB of the greatest amount of gas reserve growth. total liquids in nonassociated gas accumulations). 3. For the West Texas and Eastern New Mexico For Further Information region, about 4,855 MMB of crude oil, 51,721 BCF Supporting geologic studies of total petroleum of natural gas (13,601 BCF of associated and dis- solved natural gas and 38,120 BCF of nonassociated systems and assessment units, and reports on the natural gas), and 2,699 MMB of natural gas liquids methodology used in this assessment of the world (881 MMB of natural gas liquids in oil accumula- outside the United States, as well as the assessment tions and 1,818 MMB of total liquids in nonassoci- results, are available at the USGS Energy website: ated gas accumulations). http://energy.usgs.gov/.
  • 4. Table 2.  Estimated reserve growth of discovered accumulations in regions of the United States (technically recoverable, conventional petroleum resources). [MMB, million barrels; BCF, billion cubic feet. For gas fields, all liquids are included under the natural gas liquids (NGL) category. F95 denotes a 95-percent chance of at least the amount tabulated. Other fractiles are defined similarly. Negative values indicate the possibility that reported reserves could decrease. Fractiles are not additive except under the assumption of perfect positive correlation. Gray shading indicates not applicable] Number Estimated reserve growth Regions of the United States Field Oil (MMB) Gas (BCF) NGL (MMB) of type F50 F5 Mean F50 F5 Mean fields F95 F50 F5 Mean F95 F95 Oil 296 12,849 19,894 28,603 20,210 15,347 23,439 33,016 23,717 900 1,426 2,043 1,443 Alaska and Pacific Coast Gas 154 4,021 7,867 13,479 8,204 11 22 38 23 Total 450 20,210 31,921 1,466 Colorado Plateau and Basin and Oil 1,402 1,287 1,712 2,223 1,730 1,823 2,335 2,961 2,359 116 148 186 149 Range, and Rocky Mountains and Northern Great Plains Gas 243 6,541 14,810 29,529 16,075 168 379 756 412 Total 1,645 1,730 18,434 561 West Texas and Eastern Oil 2,511 2,952 4,786 6,983 4,855 10,181 13,521 17,319 13,601 607 873 1,184 881 New Mexico Gas 774 25,407 37,256 53,613 38,120 1,212 1,777 2,557 1,818 Total 3,285 4,855 51,721 2,699 Oil 2,239 2,671 3,422 4,310 3,448 6,766 8,515 10,555 8,576 320 409 514 412 Gulf Coast Gas 2,712 98,050 134,783 172,103 134,981 3,195 4,395 5,612 4,402 Total 4,951 3,448 143,557 4,814 Oil 2,788 1,146 1,503 1,962 1,522 1,228 1,546 1,944 1,561 -22 79 230 89 Midcontinent and Eastern Gas 1,288 28,738 43,055 61,280 43,757 409 687 1,032 699 Total 4,076 1,522 45,318 788 Reference Cited Klett, T.R., Attanasi, E.D., Charpentier, R.R., Cook, T.A., Freeman, P.A., Gautier, D.L., Le, P.A., Ryder, R.T., Schenk, C.J., Tennyson, M.E., and Verma, M.K., 2011, New U.S. Geological Survey method for the assessment of reserve growth: U.S. Geolog- ical Survey Scientific Investigations Report 2011- 5163, 8 p., accessed August 1, 2012, at http://pubs. usgs.gov/sir/2011/5163/. Reserve Growth Assessment Team Timothy R. Klett (tklett@usgs.gov), Troy A. Cook, Ronald R. Charpentier, Marilyn E. Tennyson, Emil D. Attanasi, Phil A. Freeman, Robert T. Ryder, Donald L. Gautier, Mahendra K. Verma, Phuong A. Le, and Christopher J. Schenk.