Showing 1 - 9 of 9
Possessing the knowledge to hedge energy price risks properly is essential and crucial for running a long-term business. In the past, many hedging instruments have been invented and widely used. By using these derivatives, decision makers reduce the price risk to a certain degree. To apply these...
Persistent link: https://www.econbiz.de/10009429392
The purpose of this paper is to understand why a host country (HC) shows ex post opportunistic behaviors in E&P projects and frequently forces international oil companies (IOCs) to renegotiate previously signed contracts. This research employs the concept of asset specificity and hold-up problem...
Persistent link: https://www.econbiz.de/10009429404
ABSTRACTThis research examines three aspects of upstream oil and gas management covering organizational choice, safety and environmental performance, and hurricane evacuation decision making. The work applies current microeconomic and econometric methods to structure practical management...
Persistent link: https://www.econbiz.de/10009450049
Some oil refining companies have recently entered the field of exploration and production (E&P). Both the relatively high financial performances of E&P companies and the shrinking refining margin may motivate refiner’s decision to enter E&P. However, in making this decision, there are other...
Persistent link: https://www.econbiz.de/10009429311
This thesis presents an econometric methodology for analyzing the impact of market concentration (HHI) on the day rate prices paid by E&P operators for the lease of drilling rigs. It is an extension of the work of Lee (2008), ‘Measuring the Impact of Concentration in the Drilling Rig...
Persistent link: https://www.econbiz.de/10009429317
This thesis presents a methodology to incorporate reservoir uncertainties and estimate the loss in project value when facility planning decisions are based on erroneous estimates of input variables. We propose a tank model along with integrated asset development model to simulate the concept...
Persistent link: https://www.econbiz.de/10009429339
Persistent link: https://www.econbiz.de/10008085778
Persistent link: https://www.econbiz.de/10009011194
Hurricanes Ivan, Katrina, and Rita passed through the Gulf of Mexico during 2004 and 2005 and resulted in the largest number of destroyed and damaged offshore oil and gas structures in the history of Gulf operations. In the final official government assessment, a total of 126 platforms were...
Persistent link: https://www.econbiz.de/10010810373