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dc.contributor.authorAguilera, Roberto F.
dc.contributor.authorRipple, Ronald
dc.date.accessioned2017-01-30T11:15:45Z
dc.date.available2017-01-30T11:15:45Z
dc.date.created2012-05-30T20:00:40Z
dc.date.issued2012
dc.identifier.citationAguilera, Roberto F. and Ripple, Ronald D. 2012. Technological progress and the availability of European oil and gas resources. Applied Energy. 96: pp. 387-392.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/9925
dc.identifier.doi10.1016/j.apenergy.2012.02.069
dc.description.abstract

This paper estimates supply cost curves for conventional oil and gas in Europe. Oil and gas volumes are distributed across five categories that are based on production costs. The resulting supply figures are intended to be long term representations of how quantities vary with production costs. Both economic and physical measures are used since each provides practical information with respect to the concerns some energy commentators have expressed about oil and gas scarcity in the near future. Supply cost curves incorporating the effect of annual technological advancement (i.e. productivity gains) on production costs to the year 2030 are also estimated. On the quantity side, the curves include volumes from geological provinces not previously assessed. Results indicate that conventional oil and gas in Europe is abundant and can likely be produced at costs below current and projected market oil and gas prices.

dc.publisherElsevier
dc.subjectconventional oil and gas
dc.subjectEurope
dc.subjecttechnological progress
dc.subjectavailability
dc.titleTechnological progress and the availability of European oil and gas resources
dc.typeJournal Article
dcterms.source.volume96
dcterms.source.startPage387
dcterms.source.endPage392
dcterms.source.issn03062619
dcterms.source.titleApplied Energy
curtin.note

NOTICE: This is the author’s version of a work in which changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication.

curtin.departmentCBS - Faculty Office
curtin.accessStatusOpen access


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