skip to main content
OSTI.GOV title logo U.S. Department of Energy
Office of Scientific and Technical Information

Title: Naval Petroleum and Oil Shale Reserves annual report of operations, Fiscal year 1991

Technical Report ·
OSTI ID:5120319

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