ARCO Oil & Gas
The first of many assignments for ARCO was Program Management's 1982 analysis of ARCO's Exploration and Production Research operations in North Texas. Program Management studied ARCO's use of it's suburban 65 acre R&D site, together with its 45 story downtown Dallas tower and other facilities to determine the company's best portfolio strategy.
New facility requirements were defined according to anticipated changes in the source and price of oil, plus new recovery methods, and corresponding technical space and employment projections. An initial decision was made in 1982 to expand the R&D site by 350,000 GSF based upon management's review of alternate development and/or leasing options, and the economic savings ($39 M) offered by that Facility Scenario.
Subsequently, Program Management completed (and/or updated) Strategic Facility Plans for ARCO Chemical, ARCO International, ARCO Transportation and Four Corners Pipeline, as well as ARCO Oil & Gas. ARCO International's operations were later relocated from Los Angeles to the Dallas R&D site in 1988. Following a 1991 SFP study which identified significant savings from a revised operational pattern, the Dallas ARCO Tower was sold in 1994.
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