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Elastic Oil. A primer on the economics of exploration and production

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  • Mohn, Klaus

    ()
    (University of Stavanger)

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File URL: http://www1.uis.no/ansatt/odegaard/uis_wps_econ_fin/uis_wps_2009_10_mohn.pdf
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Bibliographic Info

Paper provided by University of Stavanger in its series UiS Working Papers in Economics and Finance with number 2009/10.

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Length: 23 pages
Date of creation: 09 Apr 2009
Date of revision:
Handle: RePEc:hhs:stavef:2009_010

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Postal: University of Stavanger, NO-4036 Stavanger, Norway
Web page: http://www.uis.no/research/economics_and_finance
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Keywords: Oil; Exploration: Production;

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References

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  1. James L. Smith, 2005. "Inscrutable OPEC? Behavioral Tests of the Cartel Hypothesis," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 1), pages 51-82.
  2. John R. Moroney & M. Douglas Berg, 1999. "An Integrated Model of Oil Production," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 1), pages 105-124.
  3. Pesaran, M. Hashem & Samiei, Hossein, 1995. "Forecasting ultimate resource recovery," International Journal of Forecasting, Elsevier, Elsevier, vol. 11(4), pages 543-555, December.
  4. Guro Børnes Ringlund & Knut Einar Rosendahl & Terje Skjerpen, 2004. "Does oilrig activity react to oil price changes? An empirical investigation," Discussion Papers, Research Department of Statistics Norway 372, Research Department of Statistics Norway.
  5. Quyen, N V, 1991. "Exhaustible Resources: A Theory of Exploration," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 58(4), pages 777-89, July.
  6. 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, International Association for Energy Economics, vol. 0(Number 2), pages 17-46.
  7. Robert K. Kaufmann & Cutler J. Cleveland, 2001. "Oil Production in the Lower 48 States: Economic, Geological, and Institutional Determinants," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 1), pages 27-49.
  8. Dahl, Carol & Duggan, Thomas E., 1998. "Survey of price elasticities from economic exploration models of US oil and gas supply," Journal of Energy Finance & Development, Elsevier, Elsevier, vol. 3(2), pages 129-169.
  9. Boone, Jeff P., 1998. "The effect of the corporate alternative minimum tax on investment in oil and gas exploration and development," Journal of Energy Finance & Development, Elsevier, Elsevier, vol. 3(2), pages 101-128.
  10. Ramcharran, Harri, 2002. "Oil production responses to price changes: an empirical application of the competitive model to OPEC and non-OPEC countries," Energy Economics, Elsevier, Elsevier, vol. 24(2), pages 97-106, March.
  11. Managi, Shunsuke & Opaluch, James J. & Jin, Di & Grigalunas, Thomas A., 2005. "Technological change and petroleum exploration in the Gulf of Mexico," Energy Policy, Elsevier, Elsevier, vol. 33(5), pages 619-632, March.
  12. Finn Roar Aune & Klaus Mohn & Petter Osmundsen & Knut Einar Rosendahl, 2007. "Industry restructuring, OPEC response – and oil price formation," Discussion Papers, Research Department of Statistics Norway 511, Research Department of Statistics Norway.
  13. Kaufmann, Robert K., 1991. "Oil production in the lower 48 states : Reconciling curve fitting and econometric models," Resources and Energy, Elsevier, Elsevier, vol. 13(1), pages 111-127, April.
  14. Mohn, Klaus & Osmundsen, Petter, 2008. "Exploration economics in a regulated petroleum province: The case of the Norwegian Continental Shelf," Energy Economics, Elsevier, Elsevier, vol. 30(2), pages 303-320, March.
  15. Klaus Mohn, 2008. "Efforts and Efficiency in Oil Exploration: A Vector Error-Correction Approach," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 4), pages 53-78.
  16. Farzin, Y. H., 2001. "The impact of oil price on additions to US proven reserves," Resource and Energy Economics, Elsevier, Elsevier, vol. 23(3), pages 271-292, July.
  17. Cutler J. Cleveland & Robert K. Kaufmann, 1997. "Natural Gas in the U.S.: How Far Can Technology Stretch the Resource Base?," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 2), pages 89-108.
  18. Jeffrey A. Krautkraemer, 1998. "Nonrenewable Resource Scarcity," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 36(4), pages 2065-2107, December.
  19. Watkins, G.C., 2006. "Oil scarcity: What have the past three decades revealed?," Energy Policy, Elsevier, Elsevier, vol. 34(5), pages 508-514, March.
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