Production
Planning for US Tar Sands
Bunger, James W.1, Anton R.
Dammer2 (1) Bunger and Associates, Inc, Salt Lake City, UT (2) US
Dept. of Energy, Washington, DC
The Energy Policy Act of 2005 designated
US tar sands as a Strategic Unconventional Resource and called upon federal and
state agencies to prepare a 5 year Program Plan for accelerating development of
US tar sands. An aggressive production goal has been framed and studies have
been made to determine what government and private sector action is needed to
achieve those goals.
A number of impediments to development
have been identified including poor resource characterization, lack of federal
lands leasing regulations, uncertainties with technology efficiency and
reliability, uncertain permitting timelines, regressive fiscal regimes, and
immature mechanisms for socioeconomic impact mitigation. Strategies designed to
stimulate private sector investment have been developed that address each of
these impediments.
Some strategies are currently being implemented
and others will require further Congressional and Administration action. The
various considerations and activities will be presented.
AAPG Search and Discover Article #90063©2007 AAPG Annual Convention, Long Beach, California