Working paper
Oil investment in the North Sea
- Abstract:
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Investment in the United Kingdom Continental Shelf (UKCS) involves three separate but highly interrelated activities: exploration, development and production. The exploration and extraction decisions were analysed recently by Pesaran (1990) and Favero (1990).
Expand abstract
The aim of this paper is to provide a model of the investment decision in the UKCS, where the development process is explicitly modelled within an intertemporal optimization framework. The model highlights the importance of the...
- Publication status:
- Published
- Peer review status:
- Reviewed (other)
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Authors
Bibliographic Details
- Publisher:
- Oxford Institute for Energy Studies Publisher's website
- Series:
- OIES paper
- Publication date:
- 1991-01-01
- Paper number:
- EE15
- ISBN:
- 0948061650
Item Description
- Language:
- English
- Keywords:
- UUID:
-
uuid:6640fe55-4443-43a2-a7df-73bc482a7542
- Local pid:
- ora:10267
- Deposit date:
- 2015-02-27
Related Items
Terms of use
- Copyright holder:
- Oxford Institute for Energy Studies
- Copyright date:
- 1991
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