On the impact of infrastructure costs on selecting oil field development scheme

Maksim Karnaukhov

Economy of region, 2008, vol. 1, issue 1, 234 - 238

Abstract: The current structure of the Russian oil sector resource base is such that the total cost of developing an oil fields is to an ever increasing degree influenced by investment needed for the construction of pipelines linking the field with the existing transmission lines. This paper studies (in a modeling aspect) the impact of pipeline cost on the choice of the oil field development scheme, in particular defining field development rates and field operating life, as well as the pipeline capacity.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:ura:ecregj:v:1:y:2008:i:1:p:234-238

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