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Emil Attanasi

Publications and source records attributed to Emil Attanasi.

35 records · Page 2Linked to original sources

A Program for Partitioning Shifted Truncated Lognormal Distributions into Size-Class Bins

In recent years, oil and gas accumulation-size frequency distributions have become a standard way to characterize undiscovered conventional oil and gas resources that have been postulated by geologic assessments. The preparation of such distributions requires the assessment geologists to explicitly choose parameters for the probability distribution for the sizes of undiscovered accumulations. The purpose of this report is to present a computational scheme for obtaining a binned size frequency distribution of undiscovered accumulations when the undiscovered accumulation size distribution is shifted truncated lognormal.

Open-File Report↗

Frontier areas and resource assessment: Case of the 1002 area of the Alaska North Slope

The U.S. Geological Survey's 1998 assessment of the 1002 Area of the Arctic National Wildlife Refuge significantly revised previous estimates of the area's petroleum supply potential. The mean (or expected) value of technically recoverable undiscovered oil for the Study Area (Federal 1002 Area, adjacent State waters, and Native Lands) is estimated at 10.4 billion barrels of oil (BBO) and for the Federal 1002 Area the mean is 7.7 BBO. Accumulation sizes containing the oil are expected to be sufficiently large to be of economic interest. At a market price of $21 per barrel, 6 BBO of oil in the Study area is expected to be economic. The Assessment's methodology, results, and the reasons for the significant change in assessments are reviewed. In the concluding section, policy issues raised by the assessment are discussed.

Alaska↗

Forces shaping future U.S. coal production and use

More than half of the electricity in the United States is generated by coal-fired powerplants. U.S. coal producers sell almost 90 percent of their product for electricity generation, and so, the future of the U.S. coal industry will be determined by the future of coal-fired electricity-generation plants. The U.S. Geological Survey (USGS) is completing a National Coal Resource Assessment (NCRA) of five major coal-producing regions of the United States (fig. 1): (1) the Appalachian Basin, (2) the Illinois Basin, (3) the Gulf Coast, (4) the Colorado Plateau, and (5) the Northern Rocky Mountains and Great Plains. The Powder River and Williston Basins are the principal producing areas of the Northern Rocky Mountains and Great Plains region.

Fact Sheet↗

Growth in conventional fields in high-cost areas: A case study

Exploration managers commonly base future drilling decisions on past experience in an area. To do this well, they should consider both discovered and undiscovered resources to characterize total future potential. Discovery-size estimates should be adjusted to account for future field growth; otherwise, the relative efficiency of recent exploration will be undervalued. This study models and projects field growth for pre-1997 discoveries in the U.S. Federal Gulf of Mexico (GOM) Outer Continental Shelf (OCS). Projected additions to reserves for these fields from field growth through 2020 are 5.2 billion bbl of oil and 46 Tcfg. Projections include growth associated with sizable new oil discoveries in deepwater areas and initial reserve additions from new subsalt plays discovered through 1996. This article focuses on the U.S. GOM because it has produced longer than other worldwide offshore areas. Its field-growth profile may be prototypical of other offshore provinces such as the North Sea, Scotian Shelf and deepwater Angola, as well as high-cost onshore areas.

Gulf Of Mexico↗

Economics and the 1995 National Assessment of United States Oil and Gas Resources

This report summarizes the economic component of the 1995 National Assessment of Oil and Gas Resources prepared by the U.S. Geological Survey for onshore and State offshore areas of the United States. Province and regional incremental cost functions for conventional undiscovered oil and gas fields, and selected unconventional oil and gas accumulations, allowing the ranking of areas by the incremental costs finding, developing, and producing these resources. Regional projections of additions to reserves from previously discovered fields to 2015 are also presented.

Circular↗

1995 national oil and gas assessment and onshore federal lands

This report summarizes estimated volumes of oil and gas in undiscovered conventional and continuous-type accumulations that occur on onshore Federal Lands. The basis of these estimates is the U.S. Geological Survey's 1995 National Assessment of oil and gas resources (Gautier and others, 1996). Onshore Federal Lands account for about 29 percent of US land area but only 5.1 percent of 1995 US oil production and 8.8 percent of 1995 US gas production. Estimates are as of January 1994. The Minerals Management Service has released a parallel study for Federal offshore areas (1996).

Open-File Report↗

Economics and the 1995 National Assessment of U.S. oil and gas resources

This report summarizes the economic component of the U.S. Geological Survey's 1995 National Assessment of oil and gas resources for the US onshore areas and State waters. This area accounts for 80 percent of US hydrocarbon production and 85 percent of US proved reserves. The Minerals Management Service has released a parallel study for Federal offshore areas (1996). Estimates are as of January 1994. The economic evaluation uses mean values of the technically recoverable resources assessed by geologists.

Open-File Report↗

Small fields in the National Oil and Gas Assessment

In the 1989 National Oil and Gas Assessment prepared by the U.S. Geological Survey (USGS) and the Minerals Management Service, undiscovered oil and gas resources in small fields were assessed separately from resources in fields containing more than 1 million bbl of oil equivalent. This paper concerns the USGS Part of the study: onshore and state waters in the conterminous United States. After the resources in small fields were assessed by geologists, statistical techniques were used to allocate these resources to field-size distributions at the province level. The total numbers of small fields remaining to be discovered is estimated at about 77,800. They account for about 10.6 billion bbl of oil equivalent or 20% of the undiscovered resources in the conterminous United st tes. When an economic analysis was applied to the small fields, none of the offshore small fields were estimated to be commercially developable. For the onshore study area, about 52% of the small oil fields and 46% of the small gas fields are commercially developable. Overall, because more hydrocarbons are contained in the larger size classes of the small fields, about 70% of the undiscovered resources in small fields is expected to be commercially developable.

American Association of Petroleum Geologists Bulle↗

Economics and appraisal of conventional oil and gas resources in the western Gulf of Mexico

The oil and gas industry frequently appraises undiscovered oil and gas resources on a regional basis to decide whether to start or continue exploration programs. The appraisals are of little value unless conditioned by estimates of the costs of finding and producing the resources. This paper presents an economic appraisal of undiscovered oil and presents an economic appraisal of undiscovered oil and gas resources in the western Gulf of Mexico. Also presented are a description of the model used to make the presented are a description of the model used to make the assessment, results of a sensitivity analysis, and a discussion of the implications of the results to the industry. The appraisal is shown to be relatively robust to changes in physical and engineering assumptions. At $30/bbl [$4.76/m ] oil equivalent (OE) and a 15 % required rate of return (ROR), commercial oil and gas discoveries are expected to amount to about 15 % of the 25.19 × 10 bbl [4 × 10 m ] OE contained in fields discovered before 1977 in the studied area. Hydrocarbons in future discoveries are expected to be 71 % nonassociated gas, 17 % crude oil, and 12 % other forms. Moreover, it will continue to be economically optimal to drill about three wildcat wells in the Miocene-Pliocene trend for every wildcat well drilled in the Pleistocene trend. Because the number of commercial discoveries was found to be quite sensitive to economic conditions, the analysis has important implications in terms of forecasting future industry drilling and other associated activities in the western Gulf of Mexico.

Journal of Petroleum Technology↗

Geologic estimates and future costs of strip mining coal

Geologic coal-resource appraisals, which typically describe the location and general characteristics of coalbeds, do not generally provide enough information to estimate the cost of developing the resource or to predict the escalation of costs expected to result from physical depletion. This paper considers the nature of data and methods of appraisal required to provide this cost information to policymakers. Illinois is used as a prototype area for analysis because of its long history of coal mining and its demonstrated coal reserve base of strippable coal that exceeds all but two of the States in the United States. Evidence of gradual depletion of Illinois strippable coal reserves is provided by declining labor productivity, decreasing average mine size, and increasing overburden depth. The procedures used to estimate the costs of mining remaining deposits indicate that the physical characteristics that will affect mining costs most significantly are depth of overburden, thickness of coal seam, and areal extent of coal of the minable reserve blocks. Findings presented here provide guidelines for the collection of economic and geologic data in order to improve coal appraisals, particularly those currently in progress in the Western United States.

Energy Systems and Policy↗

Exploration decisions and firms in the mineral industries

The purpose of this paper is to demonstrate how physical characteristics of deposits and results of past exploration enter future exploration decisions. A proposed decision model is presented that is consistent with a set of primitive probabilistic assumptions associated with deposit size distributions and discoverability. Analysis of optimal field exploration strategy showed the likely firm responses to alternative exploration taxes and effects on the distribution of future discoveries. Examination of the probabilistic elements of the decision model indicates that changes in firm expectations associated with the distribution of deposits cannot be totally offset by changes in economic variables.

Energy Economics↗