Strategic Petroleum Reserve. Quarterly report

Technical Report · Tue May 15 04:00:00 EDT 1984

OSTI ID:7179478

This quarterly report is presented in five sections. The introduction and summary briefly discuss the SPR program background and major activities during the first quarter of 1984. Site development is described in Section II and oil acquisition activities are reported in Section III. Other program topics are discussed in Section IV. Section V contains information on the budget and cost of the Reserve. During the first quarter of 1984, the Department of Energy continued its progress in the development of the SPR underground storage facilities. The SPR continues to be developed in three phases. Phase I, consisting of the St. James marine terminal and approximately 260 million barrels of storage capacity at five sites, was completed in 1980. Phase II capacity development, which consists of the expansion of storage capacity at three Phase I sites by a total of 290 million barrels, is 71 percent complete. Phase III development consists of the construction of a new 140-million-barrel site at Big Hill, Texas, and further expansion of Bryan Mount, West Hackberry, and Bayou Choctaw by a total of 60 million barrels. Phase III development is proceeding on schedule. During this quarter, the total inventory of oil stored in the SPR reached 391,793,070 barrels. The average fill rate was approximately 139,607 barrels per day bringing the average fill rate thus far in FY 1984 to 168,285 barrels per day. The weighted average delivered price of crude oil during this quarter was $29.81 per barrel. A successful drawdown exercise was conducted at the West Hackberry site on February 28 and 29, 1984. A total of 1,053,080 barrels were pumped from West Hackberry to the Sun Terminal over a 24-hour period, exceeding a test design level of 1,000,000 barrels per day. 2 tables.

• Research Organization: USDOE Assistant Secretary for Environmental Protection, Safety and Emergency Preparedness, Washington, DC. Office of the Deputy Assistant Secretary for Strategic Petroleum Reserve
• OSTI ID: 7179478
• Report Number(s): DOE/FE-0037/1; ON: DE84012794
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
024000* -- Petroleum-- Storage-- (-1989)
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
ATLANTIC OCEAN
CAPACITY
CARIBBEAN SEA
CAVITIES
DISSOLUTION
ENERGY SOURCES
FEDERAL REGION VI
FOSSIL FUELS
FUELS
GULF OF MEXICO
LEACHING
LOUISIANA
NORTH AMERICA
PETROLEUM
PROCUREMENT
RESERVES
RESOURCES
SALT CAVERNS
SEAS
SEPARATION PROCESSES
STORAGE
STORAGE FACILITIES
STRATEGIC PETROLEUM RESERVE
SURFACE WATERS
TEXAS
UNDERGROUND STORAGE
USA