CDDRL News

March 27, 2008 - FSI Stanford, CDDRL, PESD News
Working paper: Jojarth develops empirical model for oil production costs
What does it cost to produce a barrel of oil? CDDRL research associate and PESD affiliate Christine Jojarth provides a systematic answer to this question, taking into account geography, the "difficulty" of the oil field, and other factors. The results help quantify how much extra revenue is flowing to oil producers worldwide.

The End of Easy Oil: Estimating Average Production Costs for Oil Fields around the World
Christine Jojarth
Program on Energy and Sustainable Development Working Paper #72 (2008)


