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An economic analysis of crude oil exploration in Saskatchewan and Alberta

dc.contributor.advisorPaus-Jenssen, Arneen_US
dc.contributor.committeeMemberTran, Kien C.en_US
dc.contributor.committeeMemberFurtan, W. Hartleyen_US
dc.contributor.committeeMemberBruneau, Joel F.en_US
dc.contributor.committeeMemberBishopp, William D.en_US
dc.creatorKamsari, Haulen_US
dc.date.accessioned2005-02-25T15:43:23Zen_US
dc.date.accessioned2013-01-04T04:25:55Z
dc.date.available2005-02-28T08:00:00Zen_US
dc.date.available2013-01-04T04:25:55Z
dc.date.created2002-08en_US
dc.date.issued2002-08-22en_US
dc.date.submittedAugust 2002en_US
dc.description.abstractThe International market of crude oil and natural gas is well established and very competitive. Knowledge about costs is important in helping to understand the current position of producers within the industry. In the eyes of the producers, the lower the costs the more profitable they will become given the price of crude. This thesis focuses on an economic analysis of crude oil exploration in Saskatchewan and Alberta. In a competitive market, the producers require estimates of finding costs in both regions. The public policies that are designed to encourage crude exploration also rely heavily on reliable estimates of these costs. The results show that Saskatchewan’s per-unit finding cost is significantly lower than Alberta’s in spite of the geological differences between the two provinces. The finding costs are estimated by using a methodology (Uhler 1979) that has been widely accepted within economic literature of non-renewable resources. The results support the hypothesis that finding costs in both regions are increasing and the argument that these costs will converge in the long-run, except for the last six years of the analysis.en_US
dc.identifier.urihttp://hdl.handle.net/10388/etd-02252005-154323en_US
dc.language.isoen_USen_US
dc.subjectlanden_US
dc.subjectroyaltiesen_US
dc.subjecttaxationen_US
dc.subjectfinding costen_US
dc.subjectdiscovery processen_US
dc.subjectexploration activitiesen_US
dc.subjectcrude oilen_US
dc.subjectoil pricesen_US
dc.subjectpublic policiesen_US
dc.titleAn economic analysis of crude oil exploration in Saskatchewan and Albertaen_US
dc.type.genreThesisen_US
dc.type.materialtexten_US
thesis.degree.departmentEconomicsen_US
thesis.degree.disciplineEconomicsen_US
thesis.degree.grantorUniversity of Saskatchewanen_US
thesis.degree.levelMastersen_US
thesis.degree.nameMaster of Arts (M.A.)en_US

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