Unit formed to commercialize IGT's eastern shale process

Journal Article · · IGT GaScope; (United States)

OSTI ID:5941680

HYCRUDE Corporation was formed as a wholly-owned subsidiary of GDC, Inc., the commercialization and licensing unit of IGT, to concentrate solely on oil shale development and commercialization. The program will be concentrated on the vast Devonian shale deposits of the eastern United States. A survey conducted by IGT indicates that more than 400 billion barrels of oil could be recovered from known resources of Devonian shales by surface mining followed by above ground Hytort processing. The surface mineable shale, alone, exceeds estimated total remaining recoverable energy in US resources of crude oil, natural gas and uranium. Attractive aspects of eastern shale are that it lies near major markets, water for processing is more plentiful in the east, and greater flexibility in land reclamation procedures will be allowed by the eastern climate. (DP)

• OSTI ID: 5941680
• Journal Information: IGT GaScope; (United States), Journal Name: IGT GaScope; (United States) Vol. 54; ISSN GASCD
• Country of Publication: United States
• Language: English

Related Subjects

04 OIL SHALES AND TAR SANDS
040402* -- Oil Shales & Tar Sands-- Surface Methods
BITUMINOUS MATERIALS
BLACK SHALES
CARBONACEOUS MATERIALS
CHATTANOOGA FORMATION
COMMERCIALIZATION
DEVONIAN PERIOD
ENERGY SOURCES
FOSSIL FUELS
FUELS
GEOLOGIC AGES
GEOLOGIC FORMATIONS
HYDROGEN COMPOUNDS
HYTORT PROCESS
LAND RECLAMATION
MARKET
MATERIALS
MINING
OIL SHALES
OXYGEN COMPOUNDS
PALEOZOIC ERA
PRODUCTION
RESOURCE POTENTIAL
ROCKS
SEDIMENTARY ROCKS
SHALES
SURFACE MINING
WATER