Naval Petroleum and Oil Shale Reserves annual report of operations, Fiscal year 1991
During FY 1991 the Reserves generating $654 million in revenues, a $52 million increase from the Fy 1990 revenues, reflecting the increase in FY 1991 oil prices during the Gulf War. Total costs were $200 million, resulting in net cash flow of $454 million, compared with $423 million in FY 1990. Revenues for FY 1992 are expected to decrease, reflecting a decrease in production and prices. In FY 1991, production at the NPRs at maximum efficient rates yielded 28 million barrels of crude oil, 125 billion cubic feet of natural gas, and 183 million gallons of natural gas liquids. Additional highlights on the following topics are included: legislative change, Naval Petroleum Reserve-1 (NPR-1) exploration, NPR-1 horizontal drilling, NPR-1 shallow oil zone gas injection project, NPR-1 FY 1991-1997 long range plan, NPR-1 environment and safety, NPR-2 exploration drilling, NPR-3 steamflood, Naval Oil Shale Reserves gas migration prevention.
- Research Organization:
- USDOE Assistant Secretary for Fossil Energy, Washington, DC (United States). Office of Naval Petroleum and Oil Shale Reserves
- Sponsoring Organization:
- USDOE; USDOE, Washington, DC (United States)
- OSTI ID:
- 5120319
- Report Number(s):
- DOE/FE-0254P; ON: DE92016369
- Country of Publication:
- United States
- Language:
- English
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04 OIL SHALES AND TAR SANDS
29 ENERGY PLANNING
POLICY AND ECONOMY
US NAVAL OIL SHALE RESERVES
COMPILED DATA
US NAVAL PETROLEUM RESERVES
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040800 - Oil Shales & Tar Sands- Economics
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