Show TOSCO safes asks for block lease approval Officials of The Oil Shale Corporation TOSCO appeared before a hearing of the Utah State Land Board here Wednesday Wednesday Wednesday Wed Wed- to outline their proposal for future construction of a commercial oil shale complex on tin state stat le leased sed lands 35 miles youth The board Is Is considering TOSCO's request filed in August 1974 to unitize five noncontiguous noncontiguous noncontiguous non non- contiguous blocks of property totaling acres UNDER TilE THE Unit Agreement the land board is being asked to approve the five blocks of Utah leases would be treated as a single tract TOSCO says it needs approval of the plan in order to establish an area of development large enough to make the project economically feasible and to ensure its continua continuation tion as a single entity over the life of the project The property called the Sand SandWash SandWash SandWash Wash Plan Area is seven miles west of the federal oil shale lease tracts U-a U and U-b. U The nearest town is the Ute trading post of Ouray which is 12 miles northwest northwest nor nor- of TOSCO's lands IF TilE THE request if approved TOSCO officials said a minimum of 8 million will be spent for exploration and predevelopment predevelopment pre pre- development work including environmental studies over the next nine years Plant construction however could not begin until at least several years of work and studies are completed they emphasized TilE THE IP COI COMPANY ANY hopes eventually to build a single per day retorting facility to process res reserves from all five of the tracts over a 20 year period Between 2000 and construction workers would be needed to build the Complex and about 1500 per pert permanent manent jobs would be created once operations are underway with an annual payroll of about 25 million Underground room-and-pillar room mining would be used to extract the shale which would then be conveyed to the surface and processed in a facility using the TOSCO II ll r retorting system The TOSCO II U process has been beep extensively tested in IQ in a pilot research facility and a 1000 ton-per-day ton plant located in northwestern Colorado The Oil Shale Corporation Isan is isan isan an independent publicly-owned publicly energy company organized in 1955 to develop a commercial shale technology SINCE 1970 it has also become a petroleum refiner and marketer with the acquisition of conventional refineries in 1 California and Arkansas The company ranks on for Tor- 1 M 0 V Vernal r 1 Mc b V i r J 0 If i J i j 0 S SI I 55 Red Fid Oi Red Wash h Oil Feld VRed V- V r Ouray O OI Whit Ri er erm I CLO p b bU m U I U Ua Q TOSCO'S Utah Ulah State Stat Stale Oil Shale Looses Leases m I Naval I l j t. t scale Q Q 6 miles 3 Eastern Uinta Basin showing TOSCO's leases I tunes tune's current list of the largest U. U S S. S industrial cor Earlier this month TOSCO contracted with Phillips Petroleum Company to purchase purchase pur chase its refining terminating and marketing properties in California Oregon Washington and western Nevada for million in cash and securities The acquisition contingent upon several conditions conditions conditions con con- would increase TOSCO's total refinery capacity to barrels per day TilE THE COMPANY is major a owner of oil shale reserves reserves in Colorado and Utah and owns the TOSCO II oil shale retorting process and related technologies which have been licensed for use on both Colorado federal oil shale lease tra tracts ts C-a C and C-b C and the private Colony project TOSCO and its partners in Colony have spent more than 55 million in technology development At their site north of Grand Valley Colorado 1 12 million millio tons of oil shale have been mined from an underground underground underground un un- mine and crushed and retorted to produce barrels of shale oil The companies have also developed advanced en en- control measures including spent shale air and water quality c control community assistant md nd planning and protection of flora and fauna With the Goodyear Tire and Rubber Company TOSCO is adapting its oil shale technology to the recycling of scrap tires for the recovery of oil carbon black and steel TOSCO also has active research and development development develop develop- ment programs on its process a unique technology for recovering oil and petrochemicals from coal and on direct of oC oil shale |