Abstract
Most oil supply models refer exclusively to North America. Models covering other regions or the world situation as a whole are much rarer. In addition, their forecasts of oil supply tend to be based on estimates of final resources and cumulative production trends rather than on a sequential representation of exploration, development and production.
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© 1992 Springer Science+Business Media Dordrecht
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Padilla, V.R. (1992). Modelling oil exploration. In: Sterner, T. (eds) International Energy Economics. International Studies in Economic Modelling. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-2334-1_8
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DOI: https://doi.org/10.1007/978-94-011-2334-1_8
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