Final report study of alternatives for future operations of the naval petroleum and oil shale reserves NPR-2, California

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Description

The US Department of Energy (DOE) has asked Gustavson Associates, Inc. to serve as an Independent Petroleum Consultant under contract DE-AC01-96FE64202. This authorizes a study and recommendations regarding future development of Naval Petroleum Reserve No. 2 (NPR-2) in Kern County, California. The report that follows is the Phase II Final Report for that study. Additional details are provided in the Addendum (the Phase I Property Description and Fact Finding Report). The key property elements that positively affect the estimated value of NPR-2 include the following: royalty income from producing oil and gas leases, rental income from non-producing oil and gas ... continued below

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119 p.

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Creator: Unknown. December 1, 1996.

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Description

The US Department of Energy (DOE) has asked Gustavson Associates, Inc. to serve as an Independent Petroleum Consultant under contract DE-AC01-96FE64202. This authorizes a study and recommendations regarding future development of Naval Petroleum Reserve No. 2 (NPR-2) in Kern County, California. The report that follows is the Phase II Final Report for that study. Additional details are provided in the Addendum (the Phase I Property Description and Fact Finding Report). The key property elements that positively affect the estimated value of NPR-2 include the following: royalty income from producing oil and gas leases, rental income from non-producing oil and gas leases, income from grazing or leasing of grazing rights, potential income from oil and gas leasing on exploratory (or nonprospective) acreage, potential value of trading surface real estate as ranch land for sheep grazing (10,044 acres), and town lots for residential or commercial development (16.7 acres). Key elements that negatively impact the estimated value include: environmental assessment costs, operating budgets, and lease sale expenses.

Physical Description

119 p.

Notes

OSTI as DE97005397

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  • Other Information: PBD: Dec 1996

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  • Other: DE97005397
  • Report No.: DOE/FE/64202--T3
  • Grant Number: AC01-96FE64202
  • DOI: 10.2172/471462 | External Link
  • Office of Scientific & Technical Information Report Number: 471462
  • Archival Resource Key: ark:/67531/metadc685969

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  • December 1, 1996

Added to The UNT Digital Library

  • July 25, 2015, 2:21 a.m.

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  • Nov. 10, 2015, 8:57 p.m.

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Final report study of alternatives for future operations of the naval petroleum and oil shale reserves NPR-2, California, report, December 1, 1996; United States. (digital.library.unt.edu/ark:/67531/metadc685969/: accessed September 22, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.