Ocean Mining Faces Problems - Push In Oceanography May Yield Solutions

Oceanographers are tooling up. Back of the build-up is Navy defense work and private business. Business is dipping toes in the ocean gingerly and not sure whether the motivation is based on logic or intuition. The problem is that new business opportunities in the oceans could explode rather than evolve. The question is when. At stake for earthlings are food supplies, mineral resources, oil and gas, weather forecasting, navigational systems, shore erosion control and sewage disposal, as primary targets. "Twenty years ago, offshore oil seemed a remote possibility for economic exploitation but today it is a reality. It became a reality largely because of the development of practical ocean seismic equipment and drilling platforms. Today the oil industry is looking at submerged-type drilling rigs. Mineral exploration in the sea is more expensive than on land now primarily because familiar land tools are being modified for sub- marine work." These were the ideas expressed by C. G. Welling of Lockheed Missiles & Space Co., at one of the many meetings that have taken place so far this year on development of marine resources. Welling's views indicate the rationale of companies that have already invested in the sea. Many companies, including those in mining, have observers who caution, "go slow." The continental shelfs and even the deep ocean floor represent to the mineral industries the age-old, enigmatic confrontation-is this the time to move? To no other industry, except Defense, are the results of correct timing so vital.