Skip to main content
U.S. Department of Energy
Office of Scientific and Technical Information

Annual report of operations. Fiscal year 1979

Technical Report ·
OSTI ID:5631038
Naval Petroleum Reserve No. 1, known as Elk Hills, has become one of the largest producing oil fields in America. Output is approaching 160,000 barrels each day from recoverable reserves of over one billion barrels of crude oil. Crude oil production at Elk Hills is expected to reach approximately 200,000 barrels per day by 1982. At that time over 900 new wells will have been drilled. Total production in FY 1979 was 52.6 million barrels, bringing revenues to the US Treasury of over $677 million. Production from the two other Naval Petroleum Reserves, No. 2 (Buena Vista Hills) in California and No. 3 (Teapot Dome) in Wyoming have also been adding to the Nation's energy supplies. The three Naval Oil Shale Reserves in Colorado and Utah contain over four billion barrels of economically recoverable shale oil. DOE is proceeding with a congressionally approved multi-year plan to prepare the reserves for commercial scale production.
Research Organization:
Department of Energy, Washington, DC (USA). Assistant Secretary for Resource Applications
OSTI ID:
5631038
Report Number(s):
DOE/RA-0011(79)
Country of Publication:
United States
Language:
English