Abstract: Impact of Oil and Gas Exploration Assumptions on Projections of Long-Range Energy Supplies and Economics
L. A. Rapoport, G. C. Grender
A large-scale linear programming model has been designed to assist in the analysis of worldwide energy-resource development and processing activities over a 20 to 30-year period. The model includes explicit representation of exploration and production operations for the energy minerals, as well as of the downstream supply, conversion, and distribution of the different energy forms, accounting for interfuel substitution alternatives. The method of analysis consists of developing "optimal" planning solutions relative to anticipated demands of energy and using these solutions as bases for in-depth evaluation of energy policies and technology assumptions. This paper outlines briefly the representation of the exploration activities in the overall model formulation and discusse the projected energy supply patterns and related economics, as computed with the model for alternative assumptions on oil and gas reserves and exploration efficiencies.
AAPG Search and Discovery Article #90972©1976 AAPG-SEPM Annual Convention and Exhibition, New Orleans, LA