Economics

This project makes the digital spatial data produced by the Mineral Resources Program available via a web portal so that users can easily access spatial data for solving scientific and technical problems: the Mineral Resources Online Spatial Data site.

Carbon Dioxide (CO2) is utilized by industry to enhance oil recovery. Subsurface CO2 storage could significantly impact reduction of CO2 emissions to the atmosphere, but the economics and potential risks associated with the practice must be understood before implementing extensive programs or regulations. Utilization of other energy-related gases such as helium (He), if separated and concentrated...

This task conducts research to characterize or evaluate the economics of developing technologies or markets in geologic resources. Such research can analyze the relative risks, costs, and benefits from the utilization and not just the extraction of underground resource. Economic analysis builds upon the geologic resource assessment work by other tasks in the Utilization of Carbon and other Energy...

The primary objectives of this one-year scoping project are to determine the feasibility of extracting byproduct mineral commodities, such as critical minerals, from mine tailings. We plan to analyze the existing data and reports from an active mine site on the composition of their mill tailings pile, and collect preliminary reconnaissance samples to identify appropriate analytical techniques that...

Project objectives are to compile and examine mineral maps of the known lithium-bearing playas in the U.S., Chile, and Argentina using field and remote sensing data to better understand the mineralogy of these deposits. After mineral assemblages are identified, mineral maps for lithium-rich plays will be compiled using ASTER data.

Project objectives are: 1) to fully establish a comprehensive and robust geologic and geochemical framework for the occurrence of volcanic-related beryllium (Be) deposits; 2) further our understanding of the fundamental ore processes that lead to formation of volcanogenic beryllium (Be)-boron (B)-lithium (Li)-phosphorus (P) group deposits, by investigating processes favorable for enhanced...

The members of this project have prepared a number of analyses that constitute the economic components of energy resource assessments. They have also proposed enhancements to geologic assessment data and methods that make results of assessments immediately amenable to economic analysis. In addition, they apply theoretically sound valuation methodologies to assess the commercial value of currently...

During the last decade many producing countries have reassigned conventional oil and gas development rights to their national oil companies (NOCs). In fact the 13 largest energy companies, when measured by oil and gas reserves, are controlled by sovereign governments. The result is that the NOC’s will control a significant share of future oil and gas production. The international oil companies...

The U.S. Geological Survey prepares geologic assessments of undiscovered and undeveloped (identified) oil and gas resources (see National Oil and Gas Assessment website). In addition to our USGS oil and gas geologic assessments, economic research gives policymakers and analysts in the private sector additional information by scaling economic variables. Economic attributes must include the costs of...

The overall project objective is to develop a comprehensive synthesis of the tectonic, magmatic, and metallogenic evolution of the Midcontinent Rift System (MRS) through time by integrating geophysical, magmatic, and geochemical data and to create 3-D models of the rift over its evolution.

The Southeastern United States contains numerous granites of the type that contain high concentrations of rare earth elements. We are conducting studies of these granites to advance rare earth element (REE) resource identification and assessment by resulting in an improved understanding of the fundamental source rock types, modes and occurrences, and geochemical parameters necessary for the mass...

The overall objective of our project is to take the abundant geoenvironmental model research that the Mineral Resources Program has supported, and use it to refine the geoenvironmental model concept to make it more useable for our current stakeholders.