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The supply of petroleum reserves in South-East Asia : : Economic implications of evolving property rights arrangements / Corazón Morales Siddayao

Tác giả : Corazón Morales Siddayao

Nhà xuất bản : Oxford University Press

Năm xuất bản : 1980

Nơi xuất bản : New York

Mô tả vật lý : xix, 240 p. : ill. ; 22 cm

ISBN : 019580466X

Số phân loại : 333.8

Tùng thư : Natural resources of South-East Asia

Chủ đề : 1. Dự trữ dầu khí -- Đông Nam Á. 2. Petroleum reserves -- Asia, Southeastern. 3. Dầu khí.

Thông tin chi tiết

Tóm tắt :

It must con­ sider these: (I) engineering limits to the rate of extraction in any given period, (2) physical limits to the total amount of the resource that can be produced within a given location, and (3) limits to the availability of new petroleum sources at the same costs as at the present location. It might be useful at this point to note that the firm as an explo­ ration agent in South-East Asia operates largely as a contractor to the host government who has ownership and final control over the petroleum resources. The group of suppliers of petroleum reserves in the region is characterized by the presence of the major com­ panies, directly or through subsidiaries, as well as by many small­ er, and even independent, companies. Three major companies currently dominate exploration and producing operations in two countries-Exxon and Shell in Malaysia, Shell in Brunei. In Indonesia, Caltex and Stanvac dominate production. Outside Malaysia and Brunei the bulk of new exploration is conducted by relatively smaller companies side-by-side with the major companies like Exxon, Gulf, Mobil, Shell, and Texaco.

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