Modeling the operating costs for petroleum exploration and development projects
Author
Abstract
Suggested Citation
DOI: 10.1016/j.energy.2012.02.006
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Méjean, Aurélie & Hope, Chris, 2008.
"Modelling the costs of non-conventional oil: A case study of Canadian bitumen,"
Energy Policy, Elsevier, vol. 36(11), pages 4205-4216, November.
- Aurélie Méjean & Chris Hope, 2008. "Modelling the costs of non-conventional oil: A case study of Canadian bitumen," Working Papers EPRG 0804, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Aurélie Méjean & Chris Hope, 2008. "Modelling the costs of non-conventional oil: A case study of Canadian bitumen," Post-Print halshs-00736147, HAL.
- Méjean, A. & Hope, C., 2008. "Modelling the costs of non-conventional oil: A case study of Canadian bitumen," Cambridge Working Papers in Economics 0810, Faculty of Economics, University of Cambridge.
- Krautkraemer, Jeffrey A. & Toman, Michael, 2003.
"Fundamental Economics of Depletable Energy Supply,"
Discussion Papers
10842, Resources for the Future.
- Toman, Michael & Krautkraemer, Jeffrey, 2003. "Fundamental Economics of Depletable Energy Supply," RFF Working Paper Series dp-03-01, Resources for the Future.
- Argote, L. & Epple, D., 1990. "Learning Curves In Manufacturing," GSIA Working Papers 89-90-02, Carnegie Mellon University, Tepper School of Business.
- K. J. Arrow, 1971.
"The Economic Implications of Learning by Doing,"
Palgrave Macmillan Books, in: F. H. Hahn (ed.), Readings in the Theory of Growth, chapter 11, pages 131-149,
Palgrave Macmillan.
- Kenneth J. Arrow, 1962. "The Economic Implications of Learning by Doing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 29(3), pages 155-173.
- Kaiser, Mark J., 2009. "Hydrocarbon production forecast for committed assets in the shallow water Outer Continental Shelf of the Gulf of Mexico," Energy, Elsevier, vol. 34(11), pages 1813-1825.
- Kaiser, Mark J., 2006. "Hydrocarbon production cost functions in the Gulf of Mexico," Energy, Elsevier, vol. 31(12), pages 1726-1747.
- Cutler J. Cleveland & Robert K. Kaufmann, 1991.
"Forecasting Ultimate Oil Recovery and Its Rate of Production: Incorporating Economic Forces into the Models of M. King Hubbert,"
The Energy Journal, , vol. 12(2), pages 17-46, April.
- Cutter J. Cleveland & Robert K. Kaufmann, 1991. "Forecasting Ultimate Oil Recovery and Its Rate of Production: Incorporating Economic Forces into the Models of M. King Hubbert," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 17-46.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Nemet, Andreja & Klemeš, Jiří Jaromír & Kravanja, Zdravko, 2013. "Optimising entire lifetime economy of heat exchanger networks," Energy, Elsevier, vol. 57(C), pages 222-235.
- Jia-Yue Huang & Yun-Fei Cao & Hui-Ling Zhou & Hong Cao & Bao-Jun Tang & Nan Wang, 2018. "Optimal Investment Timing and Scale Choice of Overseas Oil Projects: A Real Option Approach," Energies, MDPI, vol. 11(11), pages 1-22, October.
- Silva, L.M.R. & Guedes Soares, C., 2023. "Robust optimization model of an offshore oil production system for cost and pipeline risk of failure," Reliability Engineering and System Safety, Elsevier, vol. 232(C).
- Wang, Wenyang & Pang, Xiongqi & Chen, Zhangxin & Chen, Dongxia & Ma, Xinhua & Zhu, Weiping & Zheng, Tianyu & Wu, Keliu & Zhang, Kun & Ma, Kuiyou, 2020. "Improved methods for determining effective sandstone reservoirs and evaluating hydrocarbon enrichment in petroliferous basins," Applied Energy, Elsevier, vol. 261(C).
- Cabrales, Sergio & Bautista, Rafael & Benavides, Juan, 2017. "A model to assess the impact of employment policy and subsidized domestic fuel prices on national oil companies," Energy Economics, Elsevier, vol. 68(C), pages 566-578.
- Wang, Wenyang & Pang, Xiongqi & Chen, Zhangxin & Chen, Dongxia & Zheng, Tianyu & Luo, Bing & Li, Jing & Yu, Rui, 2019. "Quantitative prediction of oil and gas prospects of the Sinian-Lower Paleozoic in the Sichuan Basin in central China," Energy, Elsevier, vol. 174(C), pages 861-872.
- Zhao, Xu & Luo, Dongkun & Xia, Liangyu, 2012. "Modelling optimal production rate with contract effects for international oil development projects," Energy, Elsevier, vol. 45(1), pages 662-668.
- Bo Xu & Lianyong Feng & William X. Wei & Yan Hu & Jianliang Wang, 2014. "A Preliminary Forecast of the Production Status of China’s Daqing Oil field from the Perspective of EROI," Sustainability, MDPI, vol. 6(11), pages 1-21, November.
- Wang, Wenyang & Pang, Xiongqi & Chen, Zhangxin & Chen, Dongxia & Wang, Yaping & Yang, Xuan & Luo, Bing & Zhang, Wang & Zhang, Xinwen & Li, Changrong & Wang, Qifeng & Li, Caijun, 2021. "Quantitative evaluation of transport efficiency of fault-reservoir composite migration pathway systems in carbonate petroliferous basins," Energy, Elsevier, vol. 222(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Guido Fioretti, 2007. "A connectionist model of the organizational learning curve," Computational and Mathematical Organization Theory, Springer, vol. 13(1), pages 1-16, March.
- Tat Y. Chan & Jia Li & Lamar Pierce, 2014. "Learning from Peers: Knowledge Transfer and Sales Force Productivity Growth," Marketing Science, INFORMS, vol. 33(4), pages 463-484, July.
- Maharjan, Prapti & Hauck, Mara & Kirkels, Arjan & Buettner, Benjamin & de Coninck, Heleen, 2024. "Deriving experience curves: A structured and critical approach applied to PV sector," Technological Forecasting and Social Change, Elsevier, vol. 209(C).
- Chakravorty, Ujjayant & Leach, Andrew & Moreaux, Michel, 2009. ""Twin Peaks" in Energy Prices: A Hotelling Model with Pollution Learning," Working Papers 2009-10, University of Alberta, Department of Economics.
- Strupeit, Lars & Neij, Lena, 2017. "Cost dynamics in the deployment of photovoltaics: Insights from the German market for building-sited systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 948-960.
- Lee, Shun-Chung & Shih, Li-Hsing, 2010. "Renewable energy policy evaluation using real option model -- The case of Taiwan," Energy Economics, Elsevier, vol. 32(Supplemen), pages 67-78, September.
- Jim Bessen, 1997. "Productivity Adjustments and Learning-by-Doing as Human Capital," Working Papers 97-17, Center for Economic Studies, U.S. Census Bureau.
- Gregory F. Nemet, 2006.
"How well does Learning-by-doing Explain Cost Reductions in a Carbon-free Energy Technology?,"
Working Papers
2006.143, Fondazione Eni Enrico Mattei.
- Nemet, Gregory F., 2006. "How well does Learning-by-doing Explain Cost Reductions in a Carbon-free Energy Technology?," Climate Change Modelling and Policy Working Papers 12051, Fondazione Eni Enrico Mattei (FEEM).
- Bramoulle, Yann & Olson, Lars J., 2005. "Allocation of pollution abatement under learning by doing," Journal of Public Economics, Elsevier, vol. 89(9-10), pages 1935-1960, September.
- Backus, David K. & Kehoe, Patrick J. & Kehoe, Timothy J., 1992.
"In search of scale effects in trade and growth,"
Journal of Economic Theory, Elsevier, vol. 58(2), pages 377-409, December.
- David K. Backus & Patrick J. Kehoe & Timothy J. Kehoe, 1992. "In search of scale effects in trade and growth," Staff Report 152, Federal Reserve Bank of Minneapolis.
- Fioretti, Guido, 2007. "The organizational learning curve," European Journal of Operational Research, Elsevier, vol. 177(3), pages 1375-1384, March.
- Nemet, Gregory F., 2006. "Beyond the learning curve: factors influencing cost reductions in photovoltaics," Energy Policy, Elsevier, vol. 34(17), pages 3218-3232, November.
- Koji Kotani & Makoto Kakinaka, 2017.
"Some implications of environmental regulation on social welfare under learning-by-doing of eco-products,"
Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 19(1), pages 121-149, January.
- Koji Kotani & Makoto Kakinaka, 2015. "Some implications of environmental regulation on social welfare under learning-by-doing of eco-products," Working Papers SDES-2015-23, Kochi University of Technology, School of Economics and Management, revised Sep 2015.
- Juan M. Contreras & Beomsoo Kim & Ignez M. Tristao, 2009. "Does Experience Make Better Doctors?," Discussion Paper Series 0902, Institute of Economic Research, Korea University.
- Yeh, Sonia & Rubin, Edward S., 2012. "A review of uncertainties in technology experience curves," Energy Economics, Elsevier, vol. 34(3), pages 762-771.
- Lohwasser, Richard & Madlener, Reinhard, 2013.
"Relating R&D and investment policies to CCS market diffusion through two-factor learning,"
Energy Policy, Elsevier, vol. 52(C), pages 439-452.
- Lohwasser, Richard & Madlener, Reinhard, 2010. "Relating R&D and Investment Policies to CCS Market Diffusion Through Two-Factor Learning," FCN Working Papers 6/2010, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
- Nandakumar, Karthik & Funk, Jeffrey L., 2015. "Understanding the timing of economic feasibility: The case of input interfaces for human-computer interaction," Technology in Society, Elsevier, vol. 43(C), pages 33-49.
- Ziesemer, Thomas & Michaelis, Peter, 2011. "Strategic environmental policy and the accumulation of knowledge," Structural Change and Economic Dynamics, Elsevier, vol. 22(2), pages 180-191, June.
- Méjean, Aurélie & Hope, Chris, 2013.
"Supplying synthetic crude oil from Canadian oil sands: A comparative study of the costs and CO2 emissions of mining and in-situ recovery,"
Energy Policy, Elsevier, vol. 60(C), pages 27-40.
- Aurélie Méjean & Chris Hope, 2010. "Supplying Synthetic Crude Oil from Canadian Oil Sands: A Comparative Study of the Costs and CO2 Emissions of Mining and In-situ Recovery," Working Papers EPRG 1005, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Méjean, A. & Hope, C., 2010. "Supplying Synthetic Crude Oil from Canadian Oil Sands: A Comparative Study of the Costs and CO2 Emissions of Mining and In-Situ Recovery," Cambridge Working Papers in Economics 1014, Faculty of Economics, University of Cambridge.
- Funk, Jeffrey L. & Magee, Christopher L., 2015. "Rapid improvements with no commercial production: How do the improvements occur?," Research Policy, Elsevier, vol. 44(3), pages 777-788.
More about this item
Keywords
Operating cost prediction; Production decline; Composite decline rate; Learning curves; Petroleum exploration and development projects;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:40:y:2012:i:1:p:189-195. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.