An evaluation of known remaining oil resources in the state of Texas: Project on advanced oil recovery and the states. Volume 8

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The Interstate Oil and Gas Compact Commission (IOGCC) has conducted a series of studies to evaluate the known, remaining oil resource in twenty-three (23) states. The primary objective of die IOGCC`s effort is to examine the potential impact of an aggressive and focused program of research, development, and demonstration (RD&D) and technology transfer on future oil recovery in the United States. As part of a larger effort by the IOGCC, this report focuses on the potential economic benefits of improved oil recovery in the state of Texas. Individual reports for seven other oil producing states and a national report have ... continued below

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97 p.

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Creator: Unknown. November 1, 1993.

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Description

The Interstate Oil and Gas Compact Commission (IOGCC) has conducted a series of studies to evaluate the known, remaining oil resource in twenty-three (23) states. The primary objective of die IOGCC`s effort is to examine the potential impact of an aggressive and focused program of research, development, and demonstration (RD&D) and technology transfer on future oil recovery in the United States. As part of a larger effort by the IOGCC, this report focuses on the potential economic benefits of improved oil recovery in the state of Texas. Individual reports for seven other oil producing states and a national report have been separately published by the IOGCC. Several major technical insights for state and Federal policymakers and regulators can be reached from this analysis. Overall, well abandonments and more stringent environmental regulations could limit economic access to Texas` known, remaining oil resource. The high risk of near-term abandonment and the significant benefits of future application of improved oil recovery technoloy, clearly point to a need for more aggressive transfer of currently available technologies to domestic oil producers. Development and application of advanced oil recovery technologies could leave even greater benefits to the nation. A collaborative, focused RD&D effort, integrating the resources and expertise of industry, state and local governments, and the Federal government, is clearly warranted. With effective RD&D and a program of aggressive technology transfer to widely disseminate its results, Texas oil production could be maximized. The resulting increase and improvement in production rates, employment, operator profits, state and Federal tax revenues, energy security will benefit both the state of Texas and the nation as a whole.

Physical Description

97 p.

Notes

OSTI as DE95017209

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  • Other Information: PBD: Nov 1993

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  • Other: DE95017209
  • Report No.: DOE/MT/91006--T2-Vol.8
  • Grant Number: FG22-91MT91006
  • DOI: 10.2172/93520 | External Link
  • Office of Scientific & Technical Information Report Number: 93520
  • Archival Resource Key: ark:/67531/metadc793731

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Office of Scientific & Technical Information Technical Reports

Reports, articles and other documents harvested from the Office of Scientific and Technical Information.

Office of Scientific and Technical Information (OSTI) is the Department of Energy (DOE) office that collects, preserves, and disseminates DOE-sponsored research and development (R&D) results that are the outcomes of R&D projects or other funded activities at DOE labs and facilities nationwide and grantees at universities and other institutions.

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  • November 1, 1993

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  • Dec. 19, 2015, 7:14 p.m.

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  • Jan. 4, 2016, 4:18 p.m.

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An evaluation of known remaining oil resources in the state of Texas: Project on advanced oil recovery and the states. Volume 8, report, November 1, 1993; United States. (digital.library.unt.edu/ark:/67531/metadc793731/: accessed November 25, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.