Paddock, J.L. &
D. R. Siegel & J. L. Smith (1988): Option Valuation of Claims on Real Assets: The Case of Offshore Petroleum Leases
Quarterly Journal of Economics, August 1988, pp.479-508
The following papers selection, covers important aspects of the options
approach applied to petroleum investments.
OBS: The links are not going to the comments yet (the addition of comments
is a planned future improvement).
Paddock, J.L. &
D. R. Siegel & J. L. Smith (1988):
Option Valuation of Claims on Real Assets: The Case
of Offshore Petroleum Leases
Quarterly Journal of Economics, August 1988, pp.479-508
Bjerksund, P. &
S. Ekern (1990): Managing
Investment Opportunities under Price Uncertainty: from Last Chance to
Wait and See Strategies
Financial Management no 19 (3), Autumn 1990, pp. 65-83
Kemna, A.G.Z.
(1993): Case Studies on Real Options
Financial Management, Autumn 1993, pp.259-270
Markland, J.T.
(1992):
Options Theory: A New Way Forward for
Exploration and Engineering Economics?
SPE Oil & Gas Economics, Finance and Management Conference, London,
April 1992
Proceedings, pp.51-67. SPE (Society of Petroleum Engineers) paper no
24232
Markland, J.T.
(1994): Long-Life Production and Corporate
Survival
SPE Oil & Gas Economics, Finance and Management Conference, London,
June 1994
Proceedings, pp.85-96. SPE paper no 28205
Lehman, J.
(1989):
Valuing Oilfield Investments Using Option
Pricing Theory
SPE Hydrocarbon Economics and Evaluation Symposium, Proceedings pp.125-136
Dallas, 9-10 March 1989. SPE (Society of Petroleum Engineers) paper no
18923
Burns, J. &
I. Lewis & G. Sick (1992):
Valuing Petroleum Investments Using
Discrete Option Pricing Theory
SPE paper no 24475
Ekern, S.
(1988): An Option Pricing Approach to Evaluating
Petroleum Projects
Energy Economics, April 1988, pp.91-99
Pickles, E. &
J.L.Smith (1993): Petroleum Property
Evaluation: A Binomial Lattice Implementation of Option Pricing Theory
Energy Journal, vol.14, no2, 1993, pp.1-26
Laughton , D.G.
& H.D. Jacoby (1991):
A Two-Method Solution to the
Investment Timing Option
Advances in Futures and Options Research, vol.5, 1991, pp.71-87
Stibolt, R.D. &
J. Lehman (1993): The Value of a Seismic
Option
SPE Hydrocarbon Economics and Evaluation Symposium, Proceedings pp.25-32
Dallas, 29-30 March 1993. SPE (Society of Petroleum Engineers) paper no
25821
Mann, D. &
G. Goobie & L. MacMillan (1992):
Options Theory and Strategic
Investments Decisions
Journal of Canadian Petroleum Technology, vol.31, no 5, May 1992, pp.52-55
Back to the Bibliographical Resources
Back to Contents (the main page)
Paddock,
J.L. & D. R. Siegel & J. L. Smith (1988):
Option Valuation of Claims on Real Assets: The Case of Offshore
Petroleum Leases
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Bjerksund,
P. & S. Ekern (1990): Managing Investment Opportunities
under Price Uncertainty: from Last Chance to Wait and See Strategies
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Kemna,
A.G.Z. (1993): Case Studies on Real Options
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Markland,
J.T. (1992):
Options Theory: A New Way Forward for Exploration and Engineering
Economics?
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Markland,
J.T. (1994): Long-Life Production and Corporate Survival
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Lehman, J.
(1989): Valuing Oilfield Investments Using Option Pricing Theory
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Burns, J. &
I. Lewis & G. Sick (1992):
Valuing Petroleum Investments Using Discrete Option Pricing Theory
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Ekern, S.
(1988): An Option Pricing Approach to Evaluating Petroleum
Projects
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Pickles,
E. & J.L.Smith (1993):
Petroleum Property Evaluation: A Binomial Lattice Implementation of
Option Pricing Theory
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Laughton ,
D.G. & H.D. Jacoby (1991):
A Two-Method Solution to the Investment Timing Option
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Stibolt,
R.D. & J. Lehman (1993): The Value of a Seismic Option
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Mann, D. &
G. Goobie & L. MacMillan (1992):
Options Theory and Strategic Investments Decisions
.....
Back to Petroleum Projects and Real Options:
Selected Bibliography
Back to the Bibliographical Resources
Back to Contents (the main page)