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Oil and Gas Forecasting: Reflections of a Petroleum Geologist

Author

Listed:
  • Drew, Lawrence J.

    (US Geological Survey, Reston, Virginia)

Abstract

This is the candid and often colourful account of the personal experiences of a resource analyst; experiences that led to major contributions in the modelling and forecasting of petroleum discovery rates and of potential oil and gas supply. The author's approach is largely nontechnical. He relates the difficulties encountered in integrating geoscience, economics, and statistics, and stresses the value of critically examining data before formulating theories or building formal models.

Suggested Citation

  • Drew, Lawrence J., 1990. "Oil and Gas Forecasting: Reflections of a Petroleum Geologist," OUP Catalogue, Oxford University Press, number 9780195061703.
    • Handle: RePEc:oxp:obooks:9780195061703
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    Cited by:

    1. 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.
    2. Ormazabal, Gaizka & Barth, Mary E. & Badia, Marc & Duro, Miguel, 2017. "Firm Risk and Disclosures about Dispersion in Asset Values:," CEPR Discussion Papers 12144, C.E.P.R. Discussion Papers.

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