A strategic planning model for oilfield service and supply companies

Robert M. Bowker; James S. Dyer; James A. Fitzsimmons; Kingshuk K. Sinha

doi:10.1016/0925-5273(92)90096-P

A strategic planning model for oilfield service and supply companies

Robert M. Bowker, James S. Dyer, James A. Fitzsimmons, Kingshuk K. Sinha

Supply Chain and Operations

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Abstract

This paper documents the development of a model to support strategic planning in companies that provide equipment and services for oil and gas exploration in the lower 48 states of the US. The model is in the form of a supply curve that relates the price required to produce a barrel of oil and gas with expected volume of drilling activity for a defined timehorizon. The model can be used to address future uncertainties with regard to location, type and volume of drilling activity that can be expected with a certain market price of oil and gas.

Original language	English (US)
Pages (from-to)	221-231
Number of pages	11
Journal	International Journal of Production Economics
Volume	27
Issue number	3
DOIs	https://doi.org/10.1016/0925-5273(92)90096-P
State	Published - Oct 1992

Bibliographical note

Funding Information:
The research was sponsored by Operations ManagementC enter through a grant from Lone Star Technologies Inc. The authors are grateful to Phillipe B. Gassin for his contributions to this study.

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title = "A strategic planning model for oilfield service and supply companies",

abstract = "This paper documents the development of a model to support strategic planning in companies that provide equipment and services for oil and gas exploration in the lower 48 states of the US. The model is in the form of a supply curve that relates the price required to produce a barrel of oil and gas with expected volume of drilling activity for a defined timehorizon. The model can be used to address future uncertainties with regard to location, type and volume of drilling activity that can be expected with a certain market price of oil and gas.",

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A strategic planning model for oilfield service and supply companies

Abstract

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