NOSR 2 Oil and Gas Leasing Study. Naval Oil Shale Reserves Management Support and Systems Engineering Project

摘要

This task involved the development and investigation of alternative provisions to be included in leases for NOSR 2 oil and gas tracts. Recognizing the special objectives and constraints in leasing NOSR properties, the terms of the leases must reflect the mission of the Naval Petroleum and Oil Shale Resource Office (NPOSR). In addition, the special provisions imposed by Indian Reservation lands and the Desolation Canyon area of the Green River on NOSR 2 must be considered. Two types of government controls over NOSR 2 lessees are investigated: production controls, and preemptive government purchase of the resource produced. For each form of control, the analysis considers the situations resulting from the discovery of producible oil or gas (or both) in the Reserve. The effects of the different controls on the lessees and other affected parties are described, followed by suggested mechanisms to mitigate the effects of the controls and make the NOSR 2 land attractive for leasing. Recommendations for the special terms to be included in NOSR 2 oil or gas leases are summarized. (ERA citation 10:001930)