Dataset on oil investment
oil
A data frame with 53 rows and 12 variables:
dur
duration of the appraisal lag in months (time span between discovery of an oil field and beginning of development, i.e. approval of annex
size
size of recoverable reserves in millions of barrels
waterd
depth of the sea in metres
gasres
size of recoverable gas reserves in billions of cubic feet
operator
equity market value (in 1991 million pounds) of the company operating the oil field
p
real after–tax oil price measured at time of annex B approval
vardp
volatility of the real oil price process measured as the squared recursive standard errors of the regression of pt-pt-1 on a constant
p97
adaptive expectations (with parameter theta=0.97) for the real after–tax oil prices formed at the time of annex B approval
varp97
volatility of the adaptive expectations (with parameter theta=0.97) for real after tax oil prices measured as the squared recursive standard errors of the regression of pt on pte(theta)
p98
adaptive expectations (with parameter theta=0.98) for the real after–tax oil prices formed at the time of annex B approval
varp98
volatility of the adaptive expectations (with parameter theta=0.98) for real after tax oil prices measured as the squared recursive standard errors of the regression of pt on pte(theta)
Datasets from vincentarelbundock on github.
Data for oil investments between the period 1969 to 1992 in the United Kingdom.
#> dur size waterd gasres #> Min. : 1.00 Min. : 4.0 Min. : 76.0 Min. : 0.0 #> 1st Qu.: 16.00 1st Qu.: 60.0 1st Qu.:108.0 1st Qu.: 0.0 #> Median : 51.00 Median : 110.0 Median :135.0 Median : 0.0 #> Mean : 63.02 Mean : 328.9 Mean :126.5 Mean : 178.8 #> 3rd Qu.:102.00 3rd Qu.: 300.0 3rd Qu.:147.0 3rd Qu.: 50.0 #> Max. :227.00 Max. :3030.0 Max. :186.0 Max. :2500.0 #> operator p vardp p97 #> Min. : 1 Min. :0.921 Min. :0.007 Min. :0.8979 #> 1st Qu.: 3173 1st Qu.:1.284 1st Qu.:1.113 1st Qu.:1.2551 #> Median :16000 Median :2.243 Median :1.852 Median :1.8843 #> Mean :11522 Mean :2.030 Mean :1.544 Mean :1.6962 #> 3rd Qu.:16175 3rd Qu.:2.639 3rd Qu.:2.157 3rd Qu.:2.0480 #> Max. :17928 Max. :3.366 Max. :2.425 Max. :2.1581 #> varp97 p98 varp98 #> Min. :0.150 Min. :0.8918 Min. :0.155 #> 1st Qu.:2.401 1st Qu.:1.3565 1st Qu.:2.474 #> Median :3.255 Median :1.9763 Median :3.736 #> Mean :2.979 Mean :1.7860 Mean :3.232 #> 3rd Qu.:3.494 3rd Qu.:2.2089 3rd Qu.:3.905 #> Max. :5.037 Max. :2.2835 Max. :5.238