Economics, Energy Resources, and Future Energy Supply
The members of this project have prepared a number of analyses that constitute the economic components of energy resource assessments. They have also proposed enhancements to geologic assessment data and methods that make results of assessments immediately amenable to economic analysis. In addition, they apply theoretically sound valuation methodologies to assess the commercial value of currently marginal oil and gas resources, such as heavy oil, natural bitumen, stranded gas, and resources in high cost environments.
Economic components of undiscovered oil and gas assessments present estimates of the cost of finding, developing, producing, and transporting to market the undiscovered resources assessed by the USGS geologists:
- The enhancement of assessment data and methods to include an economic dimension will lead to improved strategic decisions by public policymakers concerning national and international energy resources.
- Economic assessment of marginal oil resources includes the formulation and estimation of cost functions to extract heavy oil and bitumen in known deposits and to transform those resources to high value transportation fuels
- Economic assessment of stranded gas provides estimates of the cost of developing, producing, and transporting to market remote natural gas in known fields
Below are other science projects associated with this project.
Below are multimedia items associated with this project.
Below are publications associated with this project.
Empirical methods for detecting regional trends and other spatial expressions in antrim shale gas productivity, with implications for improving resource projections using local nonparametric estimation techniques
Economic analysis of the 2010 U.S. Geological Survey assessment of undiscovered oil and gas in the National Petroleum Reserve in Alaska
Survey of stranded gas and delivered costs to Europe of selected gas resources
Natural bitumen and extra-heavy oil
Economics of undiscovered oil and gas in the North Slope of Alaska: Economic update and synthesis
The National Coal Resource Assessment Overview
Evaluation of procedures for prediction of unconventional gas in the presence of geologic trends
Database for Assessment Unit-Scale Analogs (Exclusive of the United States)
Volatility of bitumen prices and implications for the industry
Economic decision making and the application of nonparametric prediction models
Natural bitumen and extra-heavy oil
A Program for Partitioning Shifted Truncated Lognormal Distributions into Size-Class Bins
Below are news stories associated with this project.
The members of this project have prepared a number of analyses that constitute the economic components of energy resource assessments. They have also proposed enhancements to geologic assessment data and methods that make results of assessments immediately amenable to economic analysis. In addition, they apply theoretically sound valuation methodologies to assess the commercial value of currently marginal oil and gas resources, such as heavy oil, natural bitumen, stranded gas, and resources in high cost environments.
Economic components of undiscovered oil and gas assessments present estimates of the cost of finding, developing, producing, and transporting to market the undiscovered resources assessed by the USGS geologists:
- The enhancement of assessment data and methods to include an economic dimension will lead to improved strategic decisions by public policymakers concerning national and international energy resources.
- Economic assessment of marginal oil resources includes the formulation and estimation of cost functions to extract heavy oil and bitumen in known deposits and to transform those resources to high value transportation fuels
- Economic assessment of stranded gas provides estimates of the cost of developing, producing, and transporting to market remote natural gas in known fields
Below are other science projects associated with this project.
Below are multimedia items associated with this project.
Below are publications associated with this project.
Empirical methods for detecting regional trends and other spatial expressions in antrim shale gas productivity, with implications for improving resource projections using local nonparametric estimation techniques
Economic analysis of the 2010 U.S. Geological Survey assessment of undiscovered oil and gas in the National Petroleum Reserve in Alaska
Survey of stranded gas and delivered costs to Europe of selected gas resources
Natural bitumen and extra-heavy oil
Economics of undiscovered oil and gas in the North Slope of Alaska: Economic update and synthesis
The National Coal Resource Assessment Overview
Evaluation of procedures for prediction of unconventional gas in the presence of geologic trends
Database for Assessment Unit-Scale Analogs (Exclusive of the United States)
Volatility of bitumen prices and implications for the industry
Economic decision making and the application of nonparametric prediction models
Natural bitumen and extra-heavy oil
A Program for Partitioning Shifted Truncated Lognormal Distributions into Size-Class Bins
Below are news stories associated with this project.