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Naval Petroleum Reserves: Preliminary Analysis of Future Net Revenues From Elk Hills Production

RCED-86-169BR Published: Jun 05, 1986. Publicly Released: Jun 09, 1986.
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Highlights

Pursuant to a congressional request, GAO analyzed the proposed sale of the federal interest in the Elk Hills Naval Petroleum Reserve, focusing on: (1) the present value of net revenues from Elk Hills production; and (2) the effects on Elk Hills revenues of possible variations in crude oil prices and the Treasury discount rate.

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Budget receiptsEmergency preparednessFederal propertyInterest ratesOil fieldsOil resourcesPetroleum productsReal estate salesCrude oilNatural gas