IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v92y2016icp214-219.html
   My bibliography  Save this article

The bundle below: Understanding unconventional oil and gas development through analysis of lease agreements

Author

Listed:
  • Bugden, Dylan
  • Kay, David
  • Glynn, Russell
  • Stedman, Richard

Abstract

Unconventional oil and gas development (UOGD) has recently become the subject of much research. However, neglected during this effort are the leases signed between landowner and industry that act as the foundation for development and may influence the distribution and intensity of associated impacts. These leases amount to an inscribed collection of rules and practices that define a wide variety of conditions related to development. The temporal and geographic distribution of lease terms may directly influence a number of phenomena of interest to scholars studying UOGD. In order to advance research on the subject, we (1) describe and outline research topics that could be addressed by applying social science methods to the analysis of leases and specific lease provisions, (2) discuss challenges and strategies for data collection and (3) review policy implications of lease related research.

Suggested Citation

  • Bugden, Dylan & Kay, David & Glynn, Russell & Stedman, Richard, 2016. "The bundle below: Understanding unconventional oil and gas development through analysis of lease agreements," Energy Policy, Elsevier, vol. 92(C), pages 214-219.
    • Handle: RePEc:eee:enepol:v:92:y:2016:i:c:p:214-219
    DOI: 10.1016/j.enpol.2016.02.012
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421516300532
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2016.02.012?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kinnaman, Thomas C., 2011. "The economic impact of shale gas extraction: A review of existing studies," Ecological Economics, Elsevier, vol. 70(7), pages 1243-1249, May.
    2. Thaler, Richard H, 1990. "Saving, Fungibility, and Mental Accounts," Journal of Economic Perspectives, American Economic Association, vol. 4(1), pages 193-205, Winter.
    3. Barbara Warner & Jennifer Shapiro, 2013. "Fractured, Fragmented Federalism: A Study in Fracking Regulatory Policy," Publius: The Journal of Federalism, CSF Associates Inc., vol. 43(3), pages 474-496, July.
    4. Charles Davis, 2012. "The Politics of “Fracking”: Regulating Natural Gas Drilling Practices in Colorado and Texas," Review of Policy Research, Policy Studies Organization, vol. 29(2), pages 177-191, March.
    5. Cheung, Steven N S, 1970. "The Structure of a Contract and the Theory of a Non-exclusive Resource," Journal of Law and Economics, University of Chicago Press, vol. 13(1), pages 49-70, April.
    6. Christa N. Brunnschweiler & Erwin H. Bulte, 2009. "Natural resources and violent conflict: resource abundance, dependence, and the onset of civil wars," Oxford Economic Papers, Oxford University Press, vol. 61(4), pages 651-674, October.
    7. Barry G. Rabe & Christopher Borick, 2013. "Conventional Politics for Unconventional Drilling? Lessons from Pennsylvania's Early Move into Fracking Policy Development," Review of Policy Research, Policy Studies Organization, vol. 30(3), pages 321-340, May.
    8. Frankel, Jeffrey A., 2010. "The Natural Resource Curse: A Survey," Scholarly Articles 4454156, Harvard Kennedy School of Government.
    9. John L. Pender & Jeremy G. Weber & Jason P. Brown, 2014. "Sustainable Rural Development and Wealth Creation," Economic Development Quarterly, , vol. 28(1), pages 73-86, February.
    10. Timothy Fitzgerald, 2010. "Evaluating Split Estates in Oil and Gas Leasing," Land Economics, University of Wisconsin Press, vol. 86(2), pages 294-312.
    11. Weijermars, Ruud, 2014. "US shale gas production outlook based on well roll-out rate scenarios," Applied Energy, Elsevier, vol. 124(C), pages 283-297.
    12. M.A. Adelman and G.C. Watkins, 2008. "Reserve Prices and Mineral Resource Theory," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 1-16.
    13. Finkel, M.L. & Law, A., 2011. "The rush to drill for natural gas: A public health cautionary tale," American Journal of Public Health, American Public Health Association, vol. 101(5), pages 784-785.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hilary S. Boudet & Chad M. Zanocco & Peter D. Howe & Christopher E. Clarke, 2018. "The Effect of Geographic Proximity to Unconventional Oil and Gas Development on Public Support for Hydraulic Fracturing," Risk Analysis, John Wiley & Sons, vol. 38(9), pages 1871-1890, September.
    2. Arnold, Gwen & Farrer, Benjamin & Holahan, Robert, 2018. "How do landowners learn about high-volume hydraulic fracturing? A survey of Eastern Ohio landowners in active or proposed drilling units," Energy Policy, Elsevier, vol. 114(C), pages 455-464.

    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.
    1. Christenson, Dino P. & Goldfarb, Jillian L. & Kriner, Douglas L., 2017. "Costs, benefits, and the malleability of public support for “Fracking”," Energy Policy, Elsevier, vol. 105(C), pages 407-417.
    2. Steven Nelson & Jonathan M. Fisk, 2021. "End of the (Pipe)Line? Understanding how States Manage the Risks of Oil and Gas Wells," Review of Policy Research, Policy Studies Organization, vol. 38(2), pages 203-221, March.
    3. Kotsadam, Andreas & Tolonen, Anja, 2016. "African Mining, Gender, and Local Employment," World Development, Elsevier, vol. 83(C), pages 325-339.
    4. Adewale Samuel Hassan & Daniel Francois Meyer & Sebastian Kot, 2019. "Effect of Institutional Quality and Wealth from Oil Revenue on Economic Growth in Oil-Exporting Developing Countries," Sustainability, MDPI, vol. 11(13), pages 1-14, July.
    5. Philip B. Whyman, 2018. "The local economic impact of shale gas extraction," Regional Studies, Taylor & Francis Journals, vol. 52(2), pages 184-196, February.
    6. Janda, Karel & Quarshie, Gregory, 2017. "Natural Resources, Oil and Economic Growth in Sub-Saharan Africa," MPRA Paper 76748, University Library of Munich, Germany.
    7. Yasminah Beebeejaun, 2017. "Exploring the intersections between local knowledge and environmental regulation: A study of shale gas extraction in Texas and Lancashire," Environment and Planning C, , vol. 35(3), pages 417-433, May.
    8. repec:oxf:wpaper:oxcarre-research-paper-131 is not listed on IDEAS
    9. Fry, Matthew & Brannstrom, Christian, 2017. "Emergent patterns and processes in urban hydrocarbon governance," Energy Policy, Elsevier, vol. 111(C), pages 383-393.
    10. Deserai A Crow & Elizabeth A Albright & Elizabeth Koebele, 2016. "Environmental rulemaking across states: Process, procedural access, and regulatory influence," Environment and Planning C, , vol. 34(7), pages 1222-1240, November.
    11. Eleanor Stephenson & Karena Shaw, 2013. "¨ A Dilemma of Abundance: Governance Challenges of Reconciling Shale Gas Development and Climate Change Mitigation," Sustainability, MDPI, vol. 5(5), pages 1-23, May.
    12. Arnold, Gwen & Farrer, Benjamin & Holahan, Robert, 2018. "How do landowners learn about high-volume hydraulic fracturing? A survey of Eastern Ohio landowners in active or proposed drilling units," Energy Policy, Elsevier, vol. 114(C), pages 455-464.
    13. Mayer, Adam, 2017. "Political identity and paradox in oil and gas policy: A study of regulatory exaggeration in Colorado, US," Energy Policy, Elsevier, vol. 109(C), pages 452-459.
    14. Pierce, Jonathan J. & Boudet, Hilary & Zanocco, Chad & Hillyard, Megan, 2018. "Analyzing the factors that influence U.S. public support for exporting natural gas," Energy Policy, Elsevier, vol. 120(C), pages 666-674.
    15. Tsvetkova, Alexandra & Partridge, Mark D., 2016. "Economics of modern energy boomtowns: Do oil and gas shocks differ from shocks in the rest of the economy?," Energy Economics, Elsevier, vol. 59(C), pages 81-95.
    16. Rian Hilmawan & Jeremy Clark, 2021. "Resource dependence and the causes of local economic growth: An empirical investigation," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 65(3), pages 596-626, July.
    17. Andres Soage & Ruben Juanes & Ignasi Colominas & Luis Cueto-Felgueroso, 2021. "The Impact of the Geometry of the Effective Propped Volume on the Economic Performance of Shale Gas Well Production," Energies, MDPI, vol. 14(9), pages 1-22, April.
    18. Joshua C. Hall & Christopher Shultz & E. Frank Stephenson, 2018. "The political economy of local fracking bans," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 42(2), pages 397-408, April.
    19. Ilia Murtazashvili & Ennio E. Piano, 2019. "Governance of shale gas development: Insights from the Bloomington school of institutional analysis," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 32(2), pages 159-179, June.
    20. Clarke, Christopher E. & Bugden, Dylan & Hart, P. Sol & Stedman, Richard C. & Jacquet, Jeffrey B. & Evensen, Darrick T.N. & Boudet, Hilary S., 2016. "How geographic distance and political ideology interact to influence public perception of unconventional oil/natural gas development," Energy Policy, Elsevier, vol. 97(C), pages 301-309.
    21. Heather Millar, 2020. "Problem Uncertainty, Institutional Insularity, and Modes of Learning in Canadian Provincial Hydraulic Fracturing Regulation," Review of Policy Research, Policy Studies Organization, vol. 37(6), pages 765-796, November.

    Corrections

    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:enepol:v:92:y:2016:i:c:p:214-219. 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.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.