Thesis (Ph. D.)--University of Hawaii, 1993. / Includes bibliographical references (leaves 146-157).

Thesis (Ph. D.)--Duke University, 1993. / Vita. Includes bibliographical references (leaves 105-111).

Thesis (Ph. D.)--University of Wisconsin--Madison, 1956. / Typescript. Abstracted in Dissertation abstracts, v. 17 (1957) no. 4, p. 886-887. Vita. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references (leaves 387-399).

This thesis examines various features of the market for petroleum reserves, in theory and empirically for the time period 1947-1970 in Alberta, Canada. The main thrust of analysis is directed towards the industry supply process in the reserves market which results from the activities of exploration companies. In particular the thesis focusses attention on the activity of New Field Wildcatting. A totally new data bank regarding oil and gas exploration in Alberta is established, containing many items of information which have net previously been available and whose lack was considered a major stumbling block in analysing the petroleum exploration process. For example, the data files show the direction of search of exploratory wells, towards either oil or gas, the class of well which discovered each petroleum pool, the company which was the principal operator of the discovery well, the cost of wells, etc. Thus, it was possible to analyse the discovery sequence from well class, etc. to the discovered pool and its detailed reserves characteristics. With this data bank an original and unique approach amongst studies of oil and gas supply and exploration was possible. The study isolates the geological and economic factors which contribute to the incentives and costs of participants in the market for reserves. It should be noted that the data bank, on computer tape and described in a 130 page manual, can be obtained upon request from the author. The hitherto unavailable detail of this data invites further analysis. On the demand side of the reserves market, data was generated which allowed a detailed estimation of the price incentive to explore for reserves. This included consideration of production delays, expected well productivities, royalties, operating costs, joint products, income taxes, etc. It is established that New Field Wildcat wells may be viewed as the primary discovery activity of the petroleum reserves market. A main objective of the thesis is to define the components of the economic market for reserves so that empirical tests may be conducted to demonstrate the economic linkages between the incentives to explore for oil and gas and the rates of wildcat drilling and subsequent reserves discovered. This objective is met by providing an extensive descriptive and statistical backdrop of the oil and natural gas industry in Alberta, developing theoretical economic models of petroleum exploration and production, and then fitting econometric equations to estimate the elasticity and shifting of the industry' s short run petroleum reserves supply function. It is shown that the short run elasticity between the reserves price incentive to explore and New Field Wildcatting for oil averaged between 0.3 and 0.4 during the period in Alberta. The comparable elasticity for natural gas was around 0.1. We stress, however, that these elasticities may be rather unimportant out of their context of a shifting supply function. They do not remain constant as a region is depleted and the rate at which the supply function shifts as a region is explored will be more significant in determining the longer run petroleum supply than the short run elasticity. Such shifting of the supply function is also estimated. Secondary objectives are to examine the exploration characteristics of large companies compared to the others. Statistical analysis shows that the "Big Eight" companies have realized higher success ratios in New Field Wildcatting, have discovered much larger oil and gas pools and have done considerably more geophysics on their land holdings than other companies. Many other features of the petroleum discovery process, such as the statistical nature of the populations of pools discovered in sequential time periods, are also examined. / Arts, Faculty of / Vancouver School of Economics / Graduate

The petroleum retailing industry in Malaysia has long been established since after World War two. The business environment of petroleum retailing industry is very much difficult with issues such as eroding real margins and rising costs that impact on the industry. The Malaysian petroleum retailing industry is a regulated industry and operating costs have been increasing for time to time. The automatic pricing mechanism was established in 1983 and the margins which were set by the government have never changed. However, the industry has grown and the market continues to be very competitive. The operators or dealers of service stations are required to do something in the market in order to survive in the industry. There are many factors can influencing the performance and/or productivity in this industry. The owners or managers should have to know and identify the external and internal environments which can dictate or affect their operations. Based on the external and internal environmental factors, two groups 0f variables were chosen from both factors to investigate the effect and impact of these factors on the industry. The study was conducted in two phases. In the first phase of the study, the researcher analyzed the common problems areas and the techniques used to approach these problems by service station owners and managers. With the initial stage completed, the researchers utilized this information in attempting to identify a methodology for analyzing performance and productivity of service stations. In the second phase of the study, the survey with structured questionnaire was done in southern part Of Peninsular Malaysia. The results of this research, mainly based on the study of the performance and productivity show that both internal (in this study represented by owner/manager and store characteristics) and external (represented by location and competitive characteristics) environmental variables played the significant roles in performance and productivity of service stations in Malaysia. Interestingly, while both internal and external environmental variables are significantly related to performance, only internal environmental variables can predict the productivity. In other words, internal environmental variables are better predictors of performance than productivity by service stations in this industry. Beside that, the study also found. that there is a differences between owner and manager regarding performance and productivity. As a conclusion, the researcher suggested that both measurement should be considered when any study need to be done on any industries especially in business and retailing in the future.

by Leung Kin-chung Jonathan, Yau Cheong-yin Albert. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1990. / Bibliography: leaf 81. / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iv / LIST OF TABLES --- p.vi / ACKNOWLEDGMENTS --- p.vii / Chapter I. --- INTRODUCTION --- p.1 / Problem Identification --- p.1 / Company Background of Mobil --- p.1 / SWOT Analysis of Mobil in the China Market --- p.3 / Chapter II. --- RESEARCH METHODOLOGY --- p.8 / The Research Scope --- p.8 / Methodology --- p.9 / Secondary Data --- p.10 / Primary Data --- p.10 / Questionnaire --- p.10 / Limitations --- p.13 / Chapter III. --- FINDINGS - THE INDUSTRY --- p.14 / The Local Economy and Market --- p.14 / Shenzhen --- p.14 / Pearl River Delta Area except Shenzhen --- p.17 / Competitive Situations --- p.19 / Product Markets and Mobil's Corresponding Positions --- p.22 / Chapter IV. --- FINDINGS - CUSTOMERS --- p.33 / Mail Questionnaire Findings --- p.33 / Personal In-depth Interview Findings --- p.42 / Chapter V. --- RECOMMENDATIONS - MARKETING STRATEGIES FOR MOBIL --- p.55 / Overall Positions of Mobil's Product Portfolio in the BCG Matrix --- p.55 / Marketing Plans of Individual Product Lines --- p.57 / Action Plan --- p.66 / APPENDICES --- p.67 / BIBLIOGRAPHY --- p.81

No description available.

This thesis provides the background to and an analysis of the economics of exploring for and developing oil and gas discoveries in India. It is aimed at helping the oil and gas industry assess the financial attractiveness of investment in that country. The thesis describes the geography, climate, infrastructure, and energy market with an emphasis on how these affect upstream oil and gas industry investment. A detailed description and analysis is given of the petroleum production sharing contract (&quotPSC&quot) terms embodied in India's New Exploration Licensing Policy (&quotNELP&quot), and demonstrates that, depending on negotiations, Government Take under NELP terms is likely to be in the range 50% to 60% for a stand-alone petroleum development. However, PSC terms are regressive for marginal discoveries. In particular, State royalties might hinder the development of small or marginal discoveries and render them uneconomic. As an illustration, depending on the oil price, up to 6 MMbbls of oil in otherwise economically viable small fields in a geological basin might be made uneconomic and left stranded because of the effect of royalties. The thesis also analyses the economics of developing a sample of actual Indian oil and gas fields offshore the east and west coasts of the country in shallow and deep water. Onshore field developments are not analysed because of lack of data. All of the offshore developments analysed are profitable based on past and current economic conditions and knowledge. The majority are also relatively low-risk investments. Finally, the thesis evaluates the profitability of new oil and gas exploration and development offshore the east and west coasts of India. The required minimum size of new exploration prospects are in the range 10 to 17 MMbbls for oil prospects and 138 to 1,100 Bcf for gas prospects assuming a low probability of success. Once a new discovery is made, the required minimum economically developable reserves are 4 to 12 MMbbls for oil discoveries and 63 to 1,400 Bcf for gas discoveries.

On cover: World Oil Project. / NSF Grant no. DAR 78-19044.

No description available.