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This paper estimates the extra costs of drilling for oil and gas on federal land as compared to private land in the Wyoming Checkerboard. The Checkerboard is a center of U.S. oil and gas activity in which square-mile sections of property alternate between federal and private ownership as originally established by the Pacific Railway Acts of 1862 and 1864. This land ownership pattern is used as an experimental control that may be used to identify differences in drilling cost on federal and private land. Estimates presented suggest that average drilling costs per well are about $200,000 higher on federal property than on private property. This difference is attributed to more stringent enforcement of environmental...
For grading different types of renewable energy based electricity generation systems, a figure of merit has been proposed and evaluated. The figure of merit has been obtained by analyzing total energy utilization in constructing and installing the systems and by their respective electricity generation. The gross carbon emission has also been estimated for evaluation of figure of merit. This figure of merit clearly indicates that wind power is the most sustainable source for electricity generation, followed by small hydropower and solar photovoltaics.
For grading different types of renewable energy based electricity generation systems, a figure of merit has been proposed and evaluated. The figure of merit has been obtained by analyzing total energy utilization in constructing and installing the systems and by their respective electricity generation. The gross carbon emission has also been estimated for evaluation of figure of merit. This figure of merit clearly indicates that wind power is the most sustainable source for electricity generation, followed by small hydropower and solar photovoltaics.
This paper estimates the extra costs of drilling for oil and gas on federal land as compared to private land in the Wyoming Checkerboard. The Checkerboard is a center of U.S. oil and gas activity in which square-mile sections of property alternate between federal and private ownership as originally established by the Pacific Railway Acts of 1862 and 1864. This land ownership pattern is used as an experimental control that may be used to identify differences in drilling cost on federal and private land. Estimates presented suggest that average drilling costs per well are about $200,000 higher on federal property than on private property. This difference is attributed to more stringent enforcement of environmental...
This paper estimates the extra costs of drilling for oil and gas on federal land as compared to private land in the Wyoming Checkerboard. The Checkerboard is a center of U.S. oil and gas activity in which square-mile sections of property alternate between federal and private ownership as originally established by the Pacific Railway Acts of 1862 and 1864. This land ownership pattern is used as an experimental control that may be used to identify differences in drilling cost on federal and private land. Estimates presented suggest that average drilling costs per well are about $200,000 higher on federal property than on private property. This difference is attributed to more stringent enforcement of environmental...