Leasing policy and the rate of petroleum development [electronic resource] : analysis with a Monte Carlo simulation model.
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| Online Access: |
Online Access |
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| Main Authors: | , |
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| Format: | Government Document Electronic eBook |
| Language: | English |
| Published: |
Los Alamos, N.M. : Oak Ridge, Tenn. :
Los Alamos National Laboratory ; distributed by the Office of Scientific and Technical Information, U.S. Department of Energy,
1982.
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| Abstract: | The study has two objectives: first, to consider whether alternative leasing systems are desirable to speed the rate of oil and gas exploration and development in frontier basins; second, to evaluate the Petroleum Activity and Decision Simulation model developed by the US Department of the Interior for economic and land use planning and for policy analysis. Analysis of the model involved structural variation of the geology, exploration, and discovery submodels and also involved a formal sensitivity analysis using the Latin Hypercube Sampling Method. We report the rate of exploration, discovery, and petroleum output under a variety of price, leasing policy, and tax regimes. |
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| Item Description: | Published through SciTech Connect. 03/01/1982. "la-9272-ms" "DE82014910" Bivins, R; Abbey, D. |
| Physical Description: | Pages: 72 : digital, PDF file. |