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An empirical analysis of the determinants of high bonus bids for petroleum leases in the U.S. Outer Continental Shelf (OCS)

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  • Iledare, Omowumi O.
  • Pulsipher, Allan G.
  • Olatubi, Williams O.
  • Mesyanzhinov, Dmitry V.

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Suggested Citation

  • Iledare, Omowumi O. & Pulsipher, Allan G. & Olatubi, Williams O. & Mesyanzhinov, Dmitry V., 2004. "An empirical analysis of the determinants of high bonus bids for petroleum leases in the U.S. Outer Continental Shelf (OCS)," Energy Economics, Elsevier, vol. 26(2), pages 239-259, March.
    • Handle: RePEc:eee:eneeco:v:26:y:2004:i:2:p:239-259
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    References listed on IDEAS

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    1. repec:aen:journl:1995v16-02-a03 is not listed on IDEAS
    2. repec:aen:journl:1981v02-03-a06 is not listed on IDEAS
    3. Rockwood, Alan, 1983. "The Impact of Joint Ventures on the Market for OCS Oil and Gas Leases," Journal of Industrial Economics, Wiley Blackwell, vol. 31(4), pages 453-468, June.
    4. Porter, Robert H, 1995. "The Role of Information in U.S. Offshore Oil and Gas Lease Auctions," Econometrica, Econometric Society, vol. 63(1), pages 1-27, January.
    5. Mead, Walter J & Moseidjord, Asbjorn & Sorensen, Philip E, 1984. "Competitive Bidding under Asymmetrical Information: Behavior and Performance in Gulf of Mexico Drainage Lease Sales, 1959-1969," The Review of Economics and Statistics, MIT Press, vol. 66(3), pages 505-508, August.
    6. repec:aen:journl:1983v04-04-a03 is not listed on IDEAS
    7. Thomas J. Teisberg, 1980. "Federal Management of Energy and Mineral Resources on the Public Lands," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 448-465, Autumn.
    8. C.E. Moody Jr. & W.J. Kruvant, 1988. "Joint Bidding, Entry, and the Price of OCS Leases," RAND Journal of Economics, The RAND Corporation, vol. 19(2), pages 276-284, Summer.
    9. repec:aen:journl:1994v15-04-a01 is not listed on IDEAS
    10. C. E. Moody, Jr. & W. J. Kruvant, 1990. "OCS Leasing Policy and Lease Prices," Land Economics, University of Wisconsin Press, vol. 66(1), pages 30-39.
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    Cited by:

    1. Brasil, Eric Universo Rodrigues & Postali, Fernando Antonio Slaibe, 2014. "Informational rents in oil and gas concession auctions in Brazil," Energy Economics, Elsevier, vol. 46(C), pages 93-101.

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