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

Author

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  • Mohn, Klaus

    (University of Stavanger)

Abstract

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Suggested Citation

  • Mohn, Klaus, 2009. "Elastic Oil. A primer on the economics of exploration and production," UiS Working Papers in Economics and Finance 2009/10, University of Stavanger.
    • Handle: RePEc:hhs:stavef:2009_010
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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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    References listed on IDEAS

    as
    1. Peter C. Reiss, 1990. "Economic and Financial Determinants of Oil and Gas Exploration Activity," NBER Chapters, in: Asymmetric Information, Corporate Finance, and Investment, pages 181-206, National Bureau of Economic Research, Inc.
    2. repec:aen:journl:2001v22-01-a02 is not listed on IDEAS
    3. repec:aen:journl:2005v26-01-a03 is not listed on IDEAS
    4. Ringlund, Guro Bornes & Rosendahl, Knut Einar & Skjerpen, Terje, 2008. "Does oilrig activity react to oil price changes An empirical investigation," Energy Economics, Elsevier, vol. 30(2), pages 371-396, March.
    5. Farzin, Y. H., 2001. "The impact of oil price on additions to US proven reserves," Resource and Energy Economics, Elsevier, vol. 23(3), pages 271-292, July.
    6. Kaufmann, Robert K., 1991. "Oil production in the lower 48 states : Reconciling curve fitting and econometric models," Resources and Energy, Elsevier, vol. 13(1), pages 111-127, April.
    7. 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, vol. 24(2), pages 97-106, March.
    8. Watkins, G. C., 2002. "Characteristics of North Sea oil reserve appreciation," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(2), pages 335-372.
    9. repec:aen:journl:1997v18-02-a05 is not listed on IDEAS
    10. Managi, Shunsuke & Opaluch, James J. & Jin, Di & Grigalunas, Thomas A., 2005. "Technological change and petroleum exploration in the Gulf of Mexico," Energy Policy, Elsevier, vol. 33(5), pages 619-632, March.
    11. Finn Roar Aune & Klaus Mohn & Petter Osmundsen & Knut Einar Rosendahl, 2007. "Industry restructuring, OPEC response - and oil price formation," Discussion Papers 511, Statistics Norway, Research Department.
    12. 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, vol. 3(2), pages 129-169.
    13. Watkins, G.C., 2006. "Oil scarcity: What have the past three decades revealed?," Energy Policy, Elsevier, vol. 34(5), pages 508-514, March.
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    15. Pesaran, M. Hashem & Samiei, Hossein, 1995. "Forecasting ultimate resource recovery," International Journal of Forecasting, Elsevier, vol. 11(4), pages 543-555, December.
    16. Mohn, Klaus & Osmundsen, Petter, 2008. "Exploration economics in a regulated petroleum province: The case of the Norwegian Continental Shelf," Energy Economics, Elsevier, vol. 30(2), pages 303-320, March.
    17. repec:aen:journl:2000v21-02-a06 is not listed on IDEAS
    18. Bardsen, Gunnar, 1989. "Estimation of Long Run Coefficients in Error Correction Models," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 51(3), pages 345-350, August.
    19. repec:aen:journl:2008v29-04-a03 is not listed on IDEAS
    20. repec:aen:journl:1991v12-02-a03 is not listed on IDEAS
    21. R. Glenn Hubbard, 1990. "Asymmetric Information, Corporate Finance, and Investment," NBER Books, National Bureau of Economic Research, Inc, number glen90-1, January.
    22. N. V. Quyen, 1991. "Exhaustible Resources: A Theory of Exploration," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(4), pages 777-789.
    23. Jeffrey A. Krautkraemer, 1998. "Nonrenewable Resource Scarcity," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 2065-2107, December.
    24. 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, vol. 3(2), pages 101-128.
    25. Lynch, Michael C., 2002. "Forecasting oil supply: theory and practice," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(2), pages 373-389.
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    Cited by:

    1. Mohn, Klaus, 2015. "Resource revenue management and wealth neutrality," UiS Working Papers in Economics and Finance 2015/2, University of Stavanger.
    2. Mohn, Klaus, 2016. "Resource revenue management and wealth neutrality in Norway," Energy Policy, Elsevier, vol. 96(C), pages 446-457.
    3. Irina Sharf, 2017. "Financial and Organizational Aspects of the Recovery of Hydrocarbon Resource Base in the Regional Context," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 628-640.

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    • A10 - General Economics and Teaching - - General Economics - - - General

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