Storrøsten, Halvor Briseid - 2023
combines endogenous rig activity and stylized reservoir pressure mechanics with the classic Hotelling model for exhaustible … for simultaneous modeling of U.S. LTO supply and rig activity. A one percent shock to the oil price is estimated to … increase LTO supply and rig activity with 0.3 and 0.8 percent, respectively. A one percent increase in rig activity leads to a …