IDEAS home Printed from
   My bibliography  Save this article

Environmental Compliance and Energy Exploration and Production: Application to Offshore Oil and Gas


  • Di Jin
  • DThomas A. Grigalunas


An integrated investment-production-regulatory model is developed to examine the economic consequences of proposed environmental regulations on firms in the offshore oil and gas industry. OCS-related environmental regulatory issues, the general modeling approach, and selected simulation results are discussed. The results show that the impacts of these regulations on OCS firms can be significant in terms of the reduction in after-tax-net present value, the distribution of economic rent, and minimum field size. Results also indicate that at the firm level, the influences of different sets of regulatory proposals vary significantly with more stringent regulations having bigger effects.

Suggested Citation

  • Di Jin & DThomas A. Grigalunas, 1993. "Environmental Compliance and Energy Exploration and Production: Application to Offshore Oil and Gas," Land Economics, University of Wisconsin Press, vol. 69(1), pages 82-97.
  • Handle: RePEc:uwp:landec:v:69:y:1993:i:1:p:82-97

    Download full text from publisher

    File URL:
    Download Restriction: A subscripton is required to access pdf files. Pay per article is available.

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


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

    Cited by:

    1. Nicholas Z. Muller, 2014. "Air Pollution Damages from Offshore Energy Production," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    2. Managi, Shunsuke & Opaluch, James J. & Jin, Di & Grigalunas, Thomas A., 2006. "Stochastic frontier analysis of total factor productivity in the offshore oil and gas industry," Ecological Economics, Elsevier, vol. 60(1), pages 204-215, November.

    More about this item


    Access and download statistics


    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:uwp:landec:v:69:y:1993:i:1:p:82-97. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    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.

    We have no references for this item. You can help adding them by using 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.