Book Reviews

2014 ◽  
Vol 52 (2) ◽  
pp. 565-567
Keyword(s):  
Oil And Gas ◽  
Arctic Region ◽  
Economic Benefits ◽  
Infrastructure Investment ◽  
Commercial Fisheries ◽  
International Studies ◽  
Oil And Gas Development ◽  
Resource Exploration ◽  
Benefits And Costs

Michael A. Goldstein, Professor of Finance, Babson College reviews “Arctic Economics in the 21st Century: The Benefits and Costs of Cold” by Heather A. Conley. The Econlit abstract of this book begins: “Explores the economic benefits of an increasingly open Arctic region and the costs of exploring the riches of the American Arctic. Discusses Arctic frontiers; U.S. Arctic oil and gas development; Arctic mineral resource exploration; Arctic destination and trans-shipping; Arctic commercial fisheries; Arctic ecotourism; and Arctic infrastructure investment. Conley is Director and Senior Fellow of the Europe Program at the Center for Strategic and International Studies.”

scholarly journals Geoenvirоnmental risks on the background geopolitical challenges for the oil and gas industry in the Arctic

2019 ◽  
Vol 16 (4) ◽  
pp. 12-23 ◽  
Author(s):  
O. P. Trubitsina ◽  
V. N. Bashkin
Keyword(s):  
Oil And Gas ◽  
Arctic Region ◽  
Oil And Gas Industry ◽  
Environmental Safety ◽  
The Arctic ◽  
Management Decision ◽  
Expert Assessment ◽  
Arctic Ecosystems ◽  
Oil And Gas Development ◽  
Projected Changes

The article is devoted to the issues of geoecology and geopolitics in the Arctic. The authors reveal the need to consider geopolitical challenges in the analysis of geoecological risks (GER) of oil and gas development of the Arctic region. This is due to the intersection here of the strategic interests of several States and their focus to prove the inability of Russia to ensure environmental safety in the development of Arctic fi elds. Th e subject of GER is used as a geopolitical tool against Russia due to the probability of it becoming a key player in the region. The authors propose a model for the analysis of GER, which is based on critical loads (CL) of acidity of pollutants and includes 2 stages: 1) the stage of quantitative assessment of GER, which allows to calculate not only the magnitude of the projected changes in the state of the Arctic ecosystems, but also the probability of their occurrence; 2) the stage of management of GER taking into account geopolitical factors, assuming a qualitative expert assessment, which is a procedure for making a management decision to achieve acceptable levels of the total GER.

Mapping Local Economic Benefits of Oil and Gas Development in Colorado

2015 ◽  
Author(s):  
Jan J. Dell ◽  
Karl D. Fennessey ◽  
Andrew D. Roberts
Keyword(s):  
Oil And Gas ◽  
Economic Benefits ◽  
Oil And Gas Development

Programming Model for Offshore Platforms Site Selection

2011 ◽  
Vol 361-363 ◽  
pp. 360-363
Author(s):  
Shi Bao Yuan
Keyword(s):  
Site Selection ◽  
Oil And Gas ◽  
Programming Model ◽  
Search Algorithm ◽  
Economic Benefits ◽  
Adaptive Genetic Algorithm ◽  
Decision Variable ◽  
Offshore Platforms ◽  
Oil And Gas Development ◽  
Offshore Oil

The construction of offshore oil and gas development platform is a system engineering with enormous cost, in order to make rational use of limited resources to achieve maximum economic benefits, based on the industrial site selection problem and with the analyses of decision variable in the process of offshore platforms site selection decision-making, Objective function and the Constraint condition a Bi-level Programming Model Of offshore platforms Site selection with a stochastic oil price are set up. According to the characteristics of the model, an adaptive genetic algorithm to solve the problems and a tabu search algorithm to solve the lower planning are designed to improve the Optimize efficiency and effect of the model. With the Optimize of the process, the problems such as Platform deliverability of the process of offshore oil platforms site, Cost, Optimal distribution of resources and so on are successfully resolved.

Natural Gas Consumption Forecasting Based on Combinatorial Optimization Model

2014 ◽  
Vol 596 ◽  
pp. 174-178
Author(s):  
Jun Qi Wang ◽  
Lei Chen ◽  
Li Li ◽  
Yi Xu Wang
Keyword(s):  
Combinatorial Optimization ◽  
Natural Gas ◽  
Oil And Gas ◽  
Economic Benefits ◽  
Gas Production ◽  
Oil And Gas Development ◽  
Gas Field ◽  
Development Management ◽  
Gas Consumption ◽  
Natural Gas Consumption

As the estimating of natural gas consumption can provide a better guidance target to gas production and market development ,its accuracy is playing an extremely important role in both the reasonable programming of oil and gas field development management and the promotion of economic benefits. This article builds a mathematical model of combinatorial optimization based on the natural gas consumption data of China, and solves it then by means of MATLAB .Compared with the actual value, the deviation of the combinatorial optimization worked out less than that in the single calculating method. When applied to the real production, this model can provide theoretical evidence to the programming of oil and gas development management and the adjustment of development project as well.

Unconventional Gas Development in the U.S. States: Exploring the Variation

2014 ◽  
Vol 5 (4) ◽  
pp. 436-458 ◽  
Author(s):  
Olga Schenk ◽  
Michelle H.W. Lee ◽  
Naveed H. Paydar ◽  
John A. Rupp ◽  
John D. Graham
Keyword(s):  
Republican Party ◽  
Oil And Gas ◽  
State Legislature ◽  
Economic Benefits ◽  
Future Research ◽  
Oil And Gas Development ◽  
Unconventional Gas ◽  
State And Local ◽  
Unconventional Gas Development ◽  
The U.S

This article examines the large interstate variation in levels of unconventional gas development in the U.S. states. The following hypotheses are advanced to predict whether a state will be predisposed toward development: (H1) the availability of unconventional gas reserves; (H2) the availability of infrastructure to support development; (H3) a recent history of conventional oil and gas development; (H4) Republican party control of the Governor's office and state legislature; (H5) relatively low sensitivity to environmental issues; (H6) regulatory systems that treat UGD as a variant of conventional gas development; (H7) a pressing need for economic benefits as indicated by state and local measures of household income, unemployment and poverty; (H8) and public opinion supportive of development. To various degrees, each of the hypotheses is supported but important exceptions and surprises are uncovered in the qualitative and semi-quantitative analyses. Future research should continue the effort to explain the variation of development by expanding the geographical scope of inquiry and enlarging the sample of jurisdictions.

scholarly journals MECHANISMS FOR REDUCING TECHNOLOGICAL RISKS OF OIL AND GAS COMPANIES TO IMPROVE ENVIRONMENTAL SAFETY IN THE ARCTIC REGION.

2021 ◽  
Vol 71 (1/2021) ◽  
pp. 4-13
Author(s):  
Aleksander A. Ilinskiy ◽  
◽  
Ishel Ester Bianco ◽  
Keyword(s):  
Mineral Resource ◽  
Industrial Development ◽  
Oil And Gas ◽  
Arctic Region ◽  
The Arctic ◽  
Resource Base ◽  
Oil And Gas Development ◽  
Safety Risks ◽  
Arctic Sea ◽  
Oil And Gas Companies

The main driver of the development of the Arctic zone of the Russian Federation is the industrial development of the mineral resource base of minerals. The projected resources of the Arctic Shelf should be considered as a huge mineral resource potential ofthe oil and gas complex of the Russian economy in the long term. The scientific justification of critical technologies of oil and gas development in the Arctic and the Arctic sea shelf should include an assessment of the environmental consequences in theArctic region. Climate change has removed large quantities of ice and has removed impediments to Arctic sea navigation and in doing so has opened up a new route. Most of these ice-free routes can be used for navigation including oil and gas logistics andtransportation, and reducing transit by more than 5000 nautical miles. While these events allow for a widening of transportation routes but many challenges naturally inherent to the Arctic are still present, for example, the risk of possible oil spills inthe very sensitive ecosystem and the safety risks to crew and equipment. New Technology offers more thorough ways to minimize and manage this risk and to preserve the integrity of ecosystems, safety of people and the profits of companies where operations are more cost sensitive and difficult than in other regions of the world. This paper proposes one model of risk reduction and evaluates the best ways to reduce ecological and safety risks of oil and gas companies operating in the Arctic route. It also proposes methods to incorporate digital value into the organization through four sectors, Sustainability, Efficiency, Accountability and Profitability.

Consideration of Geopolitical Challenges within the Analysis of Geoenvironmental Risks for Oil and Gas Development of the Russian Arctic

2019 ◽  
Vol 16 (6) ◽  
pp. 50-59
Author(s):  
O. P. Trubitsina ◽  
V. N. Bashkin
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Optimal Operation ◽  
The Arctic ◽  
Stage Model ◽  
Oil And Gas Development ◽  
Gas Industry ◽  
The Impact ◽  
Further Development ◽  
Geopolitical Risks

The article is devoted to the consideration of geopolitical challenges for the analysis of geoenvironmental risks (GERs) in the hydrocarbon development of the Arctic territory. Geopolitical risks (GPRs), like GERs, can be transformed into opposite external environment factors of oil and gas industry facilities in the form of additional opportunities or threats, which the authors identify in detail for each type of risk. This is necessary for further development of methodological base of expert methods for GER management in the context of the implementational proposed two-stage model of the GER analysis taking to account GPR for the improvement of effectiveness making decisions to ensure optimal operation of the facility oil and gas industry and minimize the impact on the environment in the geopolitical conditions of the Arctic.The authors declare no conflict of interest

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