94-644. Future Use of the Naval Oil Shale Reserves Numbers 1 and 2; Meeting

[Federal Register Volume 59, Number 7 (Tuesday, January 11, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-644]


[[Page Unknown]]

[Federal Register: January 11, 1994]


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DEPARTMENT OF ENERGY
 

Future Use of the Naval Oil Shale Reserves Numbers 1 and 2; 
Meeting

AGENCY: Office of Fossil Energy, DOE.

ACTION: Notice of meeting.

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SUMMARY: The Department of Energy plans to evaluate options for future 
use of Naval Oil Shale Reserves Numbers 1 and 2, including options for 
development of the conventional oil and natural gas resources that may 
be contained within these Reserves. Reserve Number 1 occupies 41,000 
acres in Garfield County, Colorado, and Reserve Number 2 occupies 
90,000 acres in Carbon and Uintah Counties, Utah. Approximately 40 
percent of the Utah Reserve is included within the Uintah and Ouray 
Indian Reservation. Two open hearings are planned to provide 
opportunity for public comment on possible, future uses for these 
properties.

DATES and ADDRESSES: The meeting will be held on January 25, in Salt 
Lake City, Utah, the Airport Holiday Inn, 1-4 p.m.; and on January 27, 
in Denver, Colorado, Red Lion Inn, Quebec Ave., 1-4 p.m..

FOR FURTHER INFORMATION CONTACT:
Gary V. Latham, U.S. Department of Energy, Office of Naval Petroleum 
and Oil Shale Reserves, 1000 Independence Ave., SW., Washington, DC 
20585, Ph: [phone], FAX: [phone].

SUPPLEMENTARY INFORMATION: Naval Oil Shale Reserves Numbers 1 and 2 
originally were set aside by Congress to furnish the Navy with a supply 
of fuel in the event of a national emergency. Naval Oil Shale Reserve 
No. 1 is estimated to have more than 18 billion barrels of oil in 
place, with approximately 2.5 billion barrels of oil recoverable from 
shale rated at 30 gallons or more per ton. Naval Oil Shale Reserve No. 
2 is estimated to have almost 4 billion barrels of shale oil in place. 
No estimate of recoverable shale oil has been made. The Department of 
Energy has no current plans to develop the oil shale resources of 
either Reserve No. 1 or Reserve No. 2.
    The Naval Petroleum and Oil Shale Reserves' Strategic Plan 
recognizes that although development of shale oil has been deferred, 
the potential for conventional oil and gas resources within the Naval 
Oil Shale Reserves properties must be assessed and plans formulated to 
develop these resources in the near to mid-term. Based upon current and 
past production from oil and gas fields located in the vicinities of 
the Naval Oil Shale Reserves, the potential for recovery of substantial 
quantities of oil and natural gas from within the Reserves' boundaries 
is quite high. Options for development of these resources includes 
partnerships with industry (lease or farmout), Federal development, or 
simply deferring development, maintaining all or a portion of the 
properties as wilderness areas. Attendance at each of the two scheduled 
hearings will be limited to sixty persons. Oral and/or written 
presentations are invited. Oral presentations will be limited to five 
minutes each.

    Dated: January 4, 1994.
Jack S. Siegel,
Acting Assistant Secretary for Fossil Energy.
[FR Doc. 94-644 Filed 1-10-94; 8:45 am]
BILLING CODE 6450-01-M