Copyright 2008 by The McGraw-Hill Companies, Inc Click here for terms of use in C#

Scanning Code 128A in C# Copyright 2008 by The McGraw-Hill Companies, Inc Click here for terms of use

Copyright 2008 by The McGraw-Hill Companies, Inc Click here for terms of use
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CHAPTER SIX
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as other parts of the world reduced the foreseeable need for shale oil and interest and associated activities again diminished Lower-48 US crude oil reserves peaked in 1959 and lower-48 production peaked in 1970 By 1970, oil discoveries were slowing, demand was rising, and crude oil imports, largely from Middle Eastern states, were rising to meet demand Global oil prices, while still relatively low, were also rising reflecting the changing market conditions Ongoing oil shale research and testing projects were reenergized and new projects were envisioned by numerous energy companies seeking alternative fuel feedstocks (Table 61) These efforts were significantly amplified by the impacts of the 1973 Arab Oil Embargo which demonstrated the nation s vulnerability to oil import supply disruptions, and were underscored by a new supply disruption associated with the 1979 Iranian Revolution
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TABLE 61 Timeline of Oil Shale Projects in the United States 1909 US Government creates US Naval Oil Shale Reserve 1910 Oil shale lands claim-staked 1916 US Geological Survey (USGS) estimates 40 billion barrels of shale oil in Green River Formation in Colo, Wyo, and Utah 1917 First oil shale retort kiln in DeBeque, Co 1918 First oil shale boom begins with over 30,000 mining clams; lasts until 1925 1920 Mineral Leasing Act requires shale lands be leased through the Secretary of Interior 1929 Test retort at Rulison stops at 3600 bbl after oil discoveries in Calif, Tex, and Okla 1944 US Synthetic Liquid Fuels Act provides $18 million for experiments at Anvil Points 1950s Gulf Oil and Shell Oil both purchase oil shale lands in Green River Formation 1956 Anvil Points operations cease after testing three experimental retort processes 1961 Unocal shuts down Parachute Creek Union A retort after 18 months and 800 bbl/day due to cost 1964 Colorado School of Mines leases Anvil Points facility to conduct research on US Bureau of Mines Gas Combustion Retorts 1967 CER and US AEC abandon plans for Project Bronco atomic subsurface retort 1972 Tosco, Sohio, and Cleveland Cliffs halt Colony oil shale project begun in 1964 after 270,000 bbl of production 1972 Occidental Petroleum conducts first of six in situ oil shale experiments at Logan Wash 1972 Paraho is formed as a consortium of 17 companies, obtains a lease of Anvil Points facility and builds and operates 24 ton/day pilot plant and 240 ton/day semi-works plant 1970s Shell researches Piceance Creek in situ steam injection process for oil shale and nahcolite 1974 Four oil shale leases issued by BLM under Interior s Prototype Leasing Program 1974 Unocal develops new Union B retort process; Shell and Ashland join Colony Project 1976 Navy contracts with Paraho to produce 100,000 bbl of shale oil for testing as a military fuel 1976 Unocal begins planning commercial scale plant at Parachute Creek to be built when investment is economic; imported oil prices reach $41 per barrel 1977 Superior Oil abandons plan for Meeker oil shale plant planned since 1972 1979 Shell, Ashland, Cleveland Cliffs, and Sohio sell interests in Colony to ARCO and Tosco; Shell sells leases to Occidental and Tenneco 1979 Congress passes Energy Security Act, establishing US Synthetic Fuels Corporation; authorizes up to $88 billion for synthetic fuels projects, including oil shale 1980 Exxon buys Arco s Colony interest and in 1981 begins Colony II construction, designed for 47,000 bbl/day using Tosco II retort process 1980 Congress approves $14 billion for synthetic fuels development 1980 Unocal plans Long Ridge 50,000 bbl/day plant applying Union B retort; begins construction in 1981 1980 Amoco Rio Blanco produces 1900 bbl of in situ oil at C-a tract 1981 Exxon begins to build Battlement Mesa company town for oil shale workers 1981 Second Rio Blanco in situ retort demonstration produces 24,400 bbl of shale oil
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