A growing number of commentators are forecasting a near-term peak and subsequent
terminal decline in the global production of conventional oil as a result of the physical …

We examine the impact of technological change on oil and gas exploration in the Gulf of
Mexico from 1947 to 1998, using a unique micro-data set. An index variable for …

Reserve replacement remains a key challenge for the international oil and gas companies.
As market-oriented oil and gas provinces are maturing, exploration activity is shifted towards …

President Bush has identified US dependence on imported oil as an urgent energy,
economic, and national security concern. The President's energy plan promotes the …

Based on monthly observations, I specify an econometric model capturing the driving forces
behind the crude oil price series in recent years. A large set of covariates, such as supply …

High oil prices and gradual resource depletion have raised global concerns for security of
energy supply. Successful exploration activity is a critical factor for future oil production …

There is growing concern about the depletion of hydrocarbon resources and the risk of near-
term peaks in production. These concerns hinge upon contested estimates of the …

This important book provides a comprehensive analysis of technological change and
environmental policy within the (context of) oil and gas industries. It identifies and measures …

Existing exploration–discovery models are generally characterised by equations describing
the behaviour of exploration, success rates, and discoveries. The present paper adds two …

We perform an empirical analysis of the extent to which ongoing technological change
through research and development activity has offset the effect of ongoing depletion on the …