Working paper icon

Working paper

Oil investment in the North Sea

Abstract:

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).

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...

Expand abstract
Publication status:
Published
Peer review status:
Reviewed (other)

Actions


Access Document


Files:

Authors


More by this author
Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Role:
Author
More by this author
Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Role:
Author
Publisher:
Oxford Institute for Energy Studies Publisher's website
Series:
OIES paper
Publication date:
1991-01-01
Paper number:
EE15
ISBN:
0948061650
Language:
English
Keywords:
UUID:
uuid:6640fe55-4443-43a2-a7df-73bc482a7542
Local pid:
ora:10267
Deposit date:
2015-02-27

Terms of use


Views and Downloads






If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP