Unconventional Energy Resources

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Unconventional Energy Resources ( unconventional-energy-resources )

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American Association of Petroleum Geologists, Energy Minerals Division Table 13. Texas Uranium Exploration Permits (By Permit Number, Company Name, and County) Permit No. 118 121A 122 A 123 A 124B-1 125A-1 126 A 127 128 129 131 132 133 134 135-1 136 Pending Pending Pending Pending Permittee URI, Inc. URI, Inc. URI, Inc. UEC S.TX Mining Venture Mestena UEC UEC UEC UEC URI, Inc. URI, Inc. URI, Inc. Signal Equities LLC Signal Equities LLC UEC Signal Equities LLC S. TX Mining Venture Manti Operating Co URI, Inc. Texas County Duval Kleberg Duval Goliad Duval Brooks & Jim Hogg Karnes Goliad Zavala Goliad Jim Wells & Duval Duval & McMullen Jim Wells & Neuces Atascosa Live Oak Briscoe Bee Brooks, Starr & Hidalgo Karnes Duval Drilling Statistics in Uranium Exploration. U.S. Energy Information Administration (2013b) reports that U.S. U exploration drilling was 5,112 holes covering 3.4 million feet (1 million m) in 2012. Development drilling was 5,970 holes and 3.7 million feet (1.12 million m). Combined, total U drilling was 11,082 holes covering 7.2 million feet (2.19 million m), 5% more holes than in 2011. Exploration has been brisk in the U.S. until recently when some exploration companies began to cut expenditures because of the uncertain future of yellowcake prices. Texas has remained active with exploration permits increasing over the past few years (see Table 13). Campbell et al. (2007, 2009) and Campbell and Wise (2010) discussed the fun- damentals of U exploration, assessment, and yel- lowcake production. The International Atomic Energy Agency (IAEA) has published a new report providing a description of geophysical methods in U explora- tion. It presents several relevant advances in geo- physics and provides some evidence of advances in airborne and ground geophysics for U exploration through selected examples from industry and gov- ernment entities (IAEA 2013). Employment in the Uranium Industry. The histori- cal total employment in the U.S. U production industry for the period 1993 through 2012 is illus- trated in Figure 25. For 2012 employment, U.S. Energy Information Administration (2013b) re- ported 1,196 person-years, an increase of less than 1% from the 2011 total. Exploration employment was 161 person-years, a 23% decrease compared with 2011. Milling and processing employment was 394 person-years in 2012, a 6% decrease from 2011. Uranium mining employment was 462 person-years in 2012, the same as in 2011, while reclamation employment increased 75% to 179 person-years from 2011 to 2012. Uranium production industry employment for 2012 was in 11 States: Arizona, Colorado, Nebraska, New Mexico, Oklahoma, Oregon, South Dakota, Texas, Utah, Washington, and Wyoming. Expenditures in the Uranium Industry. Total expenditures for land, exploration, drilling, produc- tion, and reclamation were $353 million USD in 2012, 11% more than in 2011. Expenditures for U.S. U production, including facility expenses, were the largest category of expenditures at $187 million in 2012 and were up by 11% from the 2011 level. Uranium exploration expenditures were $33 million and decreased 23% from 2011 to 2012. Expenditures for land were $17 million in 2012, a 14% decrease compared with 2011. Reclamation expenditures were $49 million, a 46% increase compared with 2011. U.S. Department of interiorÕs Budget Appro- priations Bill of November, 2012, recommended reforming Hardrock Mining on Federal Lands to a leasing program, including Au, Ag, Pb, Zn, Cu, U, and Mo. Annual claim rental fees and a royalty not

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