{"title":"Relative economic impact of a major gas sale on the prudhoe bay participating areas","authors":"Greg Bidwell, Roger Marks","doi":"10.1016/S1085-7443(99)80067-2","DOIUrl":null,"url":null,"abstract":"<div><p>The Prudhoe Bay reservoir consists of two participating areas: an Oil Rim and a Gas Cap. They have different ownership interests for both the oil and the gas. Although a Major Gas Sale would affect the economics of the two areas differently, if a gas sale is economic for the Unit as a whole, it is probably economic for both areas; there would not be an incentive for only one of the areas to have a gas sale.</p></div>","PeriodicalId":100779,"journal":{"name":"Journal of Energy Finance & Development","volume":"3 1","pages":"Pages 49-70"},"PeriodicalIF":0.0000,"publicationDate":"1998-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S1085-7443(99)80067-2","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Energy Finance & Development","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1085744399800672","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
The Prudhoe Bay reservoir consists of two participating areas: an Oil Rim and a Gas Cap. They have different ownership interests for both the oil and the gas. Although a Major Gas Sale would affect the economics of the two areas differently, if a gas sale is economic for the Unit as a whole, it is probably economic for both areas; there would not be an incentive for only one of the areas to have a gas sale.