Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

BLM - Bureau of Land Management : BLM Plan Emphasizes Continued Oil Shale and Tar Sands Research, Demonstration and Development

11/09/2012 | 02:15pm US/Eastern
Recommend:
0

U.S. DEPARTMENT OF THE INTERIOR

BUREAU OF LAND MANAGEMENT NEWS RELEASE



Two RD&D leases issued for oil shale resources in Colorado

Washington, D.C. - The Bureau of Land Management (BLM) today published a proposed plan to promote research, demonstration and development (RD&D) of oil shale and tar sand resources on BLM-administered land in Colorado, Utah and Wyoming.  

The final programmatic environmental impact statement (PEIS) and plan amendments would make nearly 700,000 acres in Colorado, Utah and Wyoming available for research and development of oil shale, and about 130,000 acres in Utah for activities related to tar sands.

Colorado BLM also signed two leases for RD&D oil shale proposals to encourage industry to develop and test technologies aimed at developing oil shale resources on a commercial scale. The leases will go into effect on December 1, 2012. The approved leases were awarded to ExxonMobil Exploration Company and Natural Soda Holdings, Inc., each of whom submitted proposals for the in-situ development of oil shale, on adjacent 160-acre parcels in Rio Blanco County near Meeker, Colorado.

"Today's leases demonstrate our continued commitment to encouraging research and development that will help fill in some of the existing knowledge gaps when it comes to technology, water use and potential impacts of commercial-scale oil shale development," said BLM Colorado State Director Helen Hankins. "To date, technological and economic conditions have not combined to support a sustained commercial oil shale industry, and this plan lays a strong foundation to explore oil shale's potential."

The final PEIS amends 10 resource management plans and identifies areas that will be made available for potential leasing, exploration, and development of oil shale and tar sands resources. The final PEIS applies the same criteria used in the draft PEIS to identify lands that will be made available for activities. Additional acreage identified in the final PEIS reflects BLM's correction of the acreage identified in the draft PEIS as lands with wilderness characteristics in Wyoming, re-evaluation of some lands designated as Areas of Critical Environmental Concern, and refinements to management of Greater Sage-grouse habitat to reflect information from State Wildlife agencies.

Under the proposed BLM plan, Federal lands that would be open to oil shale development would first be available for RD&D leases.  The BLM could issue a commercial lease after a lessee satisfies the conditions of its RD&D lease and meets all federal regulations for conversion to a commercial lease. The final PEIS also includes provisions for wildlife habitat conservation including Greater Sage-grouse habitat.

Oil shale is a fine-grained sedimentary rock containing kerogen; it should not be confused with "shale oil." When extracted from the surrounding rock, kerogen can be processed using extremely high heat and pressure to yield petroleum-like liquid.

Tar sands are sedimentary rocks containing a heavy hydrocarbon compound called bitumen, which can be refined into oil. Unlike the oil sands deposits in Canada, oil is not currently produced from tar sands on a significant commercial level in the United States. U.S. tar sands are hydrocarbon wet, whereas the Canadian oil sands are water wet, meaning that U.S. tar sands would require different processing techniques.

New land allocation decisions made on the basis of the Final PEIS replace previous land allocation decisions made in 2008. Some western communities argued that the 2008 PEIS and Record of Decision would have prematurely allowed commercial leasing without proven viable technologies and without a clear understanding of impacts on scarce western water supplies. In response to those concerns and in settlement of litigation, the agency agreed to reconsider the 2008 land allocation decisions.

The lease related documents, plan of operations, map, and other details can be viewed on the White River Field Office website at: http://www.blm.gov/co/st/en/fo/wrfo/Oil_Shale_-_Round_2.html.

Publishing the Notice of Availability in the Federal Register of the Final PEIS initiates a 30-day protest period for the proposed plan amendment decisions. The period closes on December 10, 2012. Publication of the Notice of Availability also begins a 60-day period for Governor's Consistency review which closes on January 9, 2013. For more information on the requirements for filing a valid protest click here.

All protests, including the follow-up letter to emails or faxes, must be in writing and mailed to one of the following addresses:

Regular Mail:Overnight Mail:

Director (210)Director (210)                                    

Attn: Brenda Hudgens-WilliamsAttn: Brenda Hudgens-Williams      

P.O. Box 7138320 M Street SE, Room 2134LM

Washington, D.C. 20024-1383Washington, D.C. 20003



distributed by
Recommend :
0
React to this article
Latest news
Date Title
<1m ago CISCO SYSTEMS : Combine Solicitation - Cisco Catalyst
<1m ago CISCO SYSTEMS : Amendment to Combined Synopsis/Solicitation - Cisco Catalyst
<1m ago GENERAL ELECTRIC : The Africa-America Institute Announces 30th Annual Awards Gala: "Powering Africa's Future through Regional and Global Partnerships"
<1m ago LIONS GATE ENTERTAINMENT USA : SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action against Lions Gate Entertainment Corp. and Certain Officers - LGF
1m ago F5 NETWORKS : Combine Solicitation - F5 Load Balancer
1m ago HARRIS : Combine Solicitation - 58-- Portable Handheld Radios and Accessories
1m ago HARRIS : Presolicitation Notice - 58-- Portable Handheld Radios and Accessories
1m ago HARRIS : Modification to a Previous Presolicitation Notice - 58-- Portable Handheld Radios and Accessories
1m ago SHAREHOLDER ALERT : Pomerantz Law Firm Reminds Shareholders With Losses on Their Investments in Galectin Therapeutics, Inc. of Class Action Lawsuit and Upcoming Deadline -- GALT
2m ago ALTIN : Combine Solicitation - 51-- Lockshop supplies OSMS; Oregon National Guard
Latest news
Advertisement
Hot News 
SPORTECH : hit by bad US weather
TANFIELD : upbeat about Snorkel ; BUSINESS BRIEFING
HELIOCENTRIS ENERGY SOLUTIONS : Heliocentris Chief Financial Officer presents on DVFA Small Cap Conference (DGAP News)
MARWYN VALUE INVESTORS II NDA : Net Asset Value
EMPIRIC STUDENT PROPERTY : Hibernia REIT And Empiric Student Property Add To Portfolios
Most Read News
1d agoDJCROWN RESORTS : in Deal With Australia State to Extend License
1d ago HOME DEPOT : names U.S. retail head Craig Menear as CEO
1d ago ALLERGAN : Federal court denies Allergan bid to speed insider trading suit
1d ago CITIGROUP : facing restrictions on sales of hedge fund investments: WSJ
1d ago INTEL : Technology Helps Small Farmers Support Cambodia's Export Goals
Most recommended articles
1m ago Insight - Brazil's slump hits job market as election approaches
5m agoDJTreasury Bonds Claw Back Losses as Ukraine Overshadows Yellen
16m ago RBC raises dividend as profits rise, lifted by capital markets
28m agoDJUK Mortgage Market Approvals Expected to Slow
31m ago Dovish comments from Yellen could kickstart a new rally - Gallagher
Dynamic quotes  
ON
| OFF