A review of Oil production capacity expansion costs for the Persian Gulf
The U.S. Energy Information Agency has recently published a report prepared by Petroconsultants, Inc. that addresses the cost of expanding crude oil production capacity in the Persian Gulf. A study on this subject is much needed in view of the dwindling supply of data on such costs from this region;...
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| Format: | Working Paper |
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MIT Center for Energy and Environmental Policy Research
2009
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| Online Access: | http://hdl.handle.net/1721.1/50222 |
| _version_ | 1811075714031550464 |
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| author | Adelman, Morris Albert |
| author2 | Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. |
| author_facet | Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. Adelman, Morris Albert |
| author_sort | Adelman, Morris Albert |
| collection | MIT |
| description | The U.S. Energy Information Agency has recently published a report prepared by Petroconsultants, Inc. that addresses the cost of expanding crude oil production capacity in the Persian Gulf. A study on this subject is much needed in view of the dwindling supply of data on such costs from this region; however, this report does not provide any data and does little more than present the consultants' assumptions. Where those assumptions can be checked against plausible extrapolations of costs elsewhere, the investment per well is too high and productivity per well is too low. The result is an overstatement of the needed investment per unit of output. |
| first_indexed | 2024-09-23T10:10:43Z |
| format | Working Paper |
| id | mit-1721.1/50222 |
| institution | Massachusetts Institute of Technology |
| last_indexed | 2024-09-23T10:10:43Z |
| publishDate | 2009 |
| publisher | MIT Center for Energy and Environmental Policy Research |
| record_format | dspace |
| spelling | mit-1721.1/502222019-04-12T23:31:16Z A review of Oil production capacity expansion costs for the Persian Gulf Adelman, Morris Albert Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. The U.S. Energy Information Agency has recently published a report prepared by Petroconsultants, Inc. that addresses the cost of expanding crude oil production capacity in the Persian Gulf. A study on this subject is much needed in view of the dwindling supply of data on such costs from this region; however, this report does not provide any data and does little more than present the consultants' assumptions. Where those assumptions can be checked against plausible extrapolations of costs elsewhere, the investment per well is too high and productivity per well is too low. The result is an overstatement of the needed investment per unit of output. 2009-12-16T00:01:46Z 2009-12-16T00:01:46Z 1996 Working Paper 96006 http://hdl.handle.net/1721.1/50222 35721645 MIT-CEEPR (Series) ; 96-006WP. 5 p application/pdf MIT Center for Energy and Environmental Policy Research |
| spellingShingle | Adelman, Morris Albert A review of Oil production capacity expansion costs for the Persian Gulf |
| title | A review of Oil production capacity expansion costs for the Persian Gulf |
| title_full | A review of Oil production capacity expansion costs for the Persian Gulf |
| title_fullStr | A review of Oil production capacity expansion costs for the Persian Gulf |
| title_full_unstemmed | A review of Oil production capacity expansion costs for the Persian Gulf |
| title_short | A review of Oil production capacity expansion costs for the Persian Gulf |
| title_sort | review of oil production capacity expansion costs for the persian gulf |
| url | http://hdl.handle.net/1721.1/50222 |
| work_keys_str_mv | AT adelmanmorrisalbert areviewofoilproductioncapacityexpansioncostsforthepersiangulf AT adelmanmorrisalbert reviewofoilproductioncapacityexpansioncostsforthepersiangulf |