Drill-Bit Parity: Supply-side links in oil and gas markets (doi:10.7910/DVN/RVF098)

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Part 1: Document Description
Part 2: Study Description
Part 3: Data Files Description
Part 4: Variable Description
Part 5: Other Study-Related Materials
Entire Codebook

Document Description

Citation

Title:

Drill-Bit Parity: Supply-side links in oil and gas markets

Identification Number:

doi:10.7910/DVN/RVF098

Distributor:

Harvard Dataverse

Date of Distribution:

2020-01-11

Version:

1

Bibliographic Citation:

Gilbert, Ben; Roberts, Gavin, 2020, "Drill-Bit Parity: Supply-side links in oil and gas markets", https://doi.org/10.7910/DVN/RVF098, Harvard Dataverse, V1, UNF:6:QdGbz8W1nhvGJmaCyRIIiQ== [fileUNF]

Study Description

Citation

Title:

Drill-Bit Parity: Supply-side links in oil and gas markets

Identification Number:

doi:10.7910/DVN/RVF098

Authoring Entity:

Gilbert, Ben (Colorado School of Mines)

Roberts, Gavin (Weber State University)

Distributor:

Harvard Dataverse

Access Authority:

Roberts, Gavin

Depositor:

Roberts, Gavin

Date of Deposit:

2020-01-09

Holdings Information:

https://doi.org/10.7910/DVN/RVF098

Study Scope

Keywords:

Social Sciences, Energy, Petroleum, Crude Oil, Natural Gas

Abstract:

This data and code in conjunction with DrillingInfo crude-oil well data and natural-gas well data can be used to replicate the empirical analysis in "Drill-Bit Parity: Supply-side links in oil and gas markets" by Ben Gilbert and Gavin Roberts in the Journal of the Association of Environmental and Resource Economists. This dataset includes publicly available data used in the analysis including weather and price data. The READMEDrillBit.docx file contains detailed instructions for accessing the DrillingInfo proprietary data needed for the analysis.

Methodology and Processing

Sources Statement

Data Access

Notes:

<a href="http://creativecommons.org/publicdomain/zero/1.0">CC0 1.0</a>

Other Study Description Materials

Related Publications

Citation

Title:

Gilbert, Ben and Gavin Roberts. 2020. Drill-Bit Parity: Supply-side links in oil and gas markets. Journal of the Association of Environmental and Resource Economists. Forthcoming.

Bibliographic Citation:

Gilbert, Ben and Gavin Roberts. 2020. Drill-Bit Parity: Supply-side links in oil and gas markets. Journal of the Association of Environmental and Resource Economists. Forthcoming.

File Description--f3656716

File: MonthlyPricesWeather.tab

  • Number of cases: 140

  • No. of variables per record: 22

  • Type of File: text/tab-separated-values

Notes:

UNF:6:QdGbz8W1nhvGJmaCyRIIiQ==

Variable Description

List of Variables:

Variables

month

f3656716 Location:

Variable Format: character

Notes: UNF:6:e6wj+V0TRKlKu0wPPF9gvA==

lcdd_dev

f3656716 Location:

Summary Statistics: Max. 63.0; Min. -56.0; Valid 140.0; Mean 5.821428571428572; StDev 18.66103078307701

Variable Format: numeric

Notes: UNF:6:ypLFvSvgyQdUz21BoMYMLQ==

lhdd_dev

f3656716 Location:

Summary Statistics: Max. 153.0; Min. -242.0; Valid 140.0; StDev 56.650031363124235; Mean -10.435714285714278

Variable Format: numeric

Notes: UNF:6:TQoDFp1f5upMNSIkmPOUZw==

sum12_cdd_dev

f3656716 Location:

Summary Statistics: Max. 195.0; Mean 59.51428571428573; Min. -129.0; Valid 140.0; StDev 89.98956659862537;

Variable Format: numeric

Notes: UNF:6:a1NJsMyY99CosGYomCJcXA==

sum12_hdd_dev

f3656716 Location:

Summary Statistics: Mean -109.47142857142858; Max. 305.0; Min. -721.0; StDev 258.48867453189104; Valid 140.0

Variable Format: numeric

Notes: UNF:6:6igdlSkDOT6dfFU6tUPppg==

lbrent

f3656716 Location:

Summary Statistics: Min. 30.700000762939453; StDev 26.467831950392856; Mean 80.5400716509138; Valid 140.0; Max. 132.72000122070312;

Variable Format: numeric

Notes: UNF:6:QM5SnSfa48K1JJ+o5eNUiw==

cpi_ne

f3656716 Location:

Summary Statistics: Valid 140.0; StDev 14.373005117138835; Max. 247.59500122070312; Mean 222.6474285670689; Min. 196.8000030517578;

Variable Format: numeric

Notes: UNF:6:cNezP/U3pq67bx2QDg1qSw==

cdd_dev

f3656716 Location:

Summary Statistics: Mean 6.200000000000002; StDev 19.07508827779717; Max. 63.0; Min. -56.0; Valid 140.0

Variable Format: numeric

Notes: UNF:6:Ioasncm0MfO3ZCI/5VtzBQ==

hdd_dev

f3656716 Location:

Summary Statistics: Valid 140.0; Mean -10.985714285714291; Max. 153.0; StDev 56.186481094294436; Min. -242.0

Variable Format: numeric

Notes: UNF:6:kmwlqtgzZsuN5BsALXJsig==

brent

f3656716 Location:

Summary Statistics: Valid 140.0; Mean 80.52914308820453; Min. 30.700000762939453; StDev 26.480936775267626; Max. 132.72000122070312

Variable Format: numeric

Notes: UNF:6:XSsLLymoz7n+lRydX1g83Q==

blhdd

f3656716 Location:

Summary Statistics: Mean -705.6195144925795; StDev 4533.263285788044; Min. -23134.2109375; Valid 140.0; Max. 10163.2802734375;

Variable Format: numeric

Notes: UNF:6:JnL7Hft59j5A2TaGmYPPEg==

blcdd

f3656716 Location:

Summary Statistics: StDev 1606.1521827254808; Valid 140.0; Max. 7244.36962890625; Mean 460.1455644607543; Min. -4498.88037109375

Variable Format: numeric

Notes: UNF:6:1FsnzIxLxJowuprBze9DPw==

bsh

f3656716 Location:

Summary Statistics: Mean -8340.08516660183; Valid 139.0; Max. 33214.5; StDev 24128.16785848725; Min. -84663.25

Variable Format: numeric

Notes: UNF:6:a+BrkEWKn+pr5YPP7iOaVA==

bsc

f3656716 Location:

Summary Statistics: Valid 139.0; StDev 8315.645698502165; Mean 5596.174652154496; Min. -9696.08984375; Max. 23351.25

Variable Format: numeric

Notes: UNF:6:8ZGIVDubvnxl/fxfMD7LeQ==

prod_month

f3656716 Location:

Variable Format: character

Notes: UNF:6:e6wj+V0TRKlKu0wPPF9gvA==

promptoilprice

f3656716 Location:

Summary Statistics: Valid 140.0; Min. 30.6200008392334; Max. 134.02000427246094; StDev 22.453970770627905; Mean 76.4892859322684

Variable Format: numeric

Notes: UNF:6:3kvGnCfGY7UStoUC0MWDdA==

promptgasprice

f3656716 Location:

Summary Statistics: Min. 1.812000036239624; Valid 140.0; Mean 5.105371426684518; StDev 2.519233571212444; Max. 13.454000473022461;

Variable Format: numeric

Notes: UNF:6:k/KYxz1oMRLvwcIwXAMgGg==

cpie

f3656716 Location:

Summary Statistics: Min. 0.7948464155197144; Mean 0.8992404005357196; StDev 0.058050464931729114; Valid 140.0; Max. 1.0

Variable Format: numeric

Notes: UNF:6:P6XcOBdoXUPOF4s5cWGuKQ==

pwti_ce

f3656716 Location:

Summary Statistics: Min. 30.88973045349121; Max. 154.69349670410156; StDev 24.667860978570502; Valid 140.0; Mean 85.29209023884364

Variable Format: numeric

Notes: UNF:6:oHSS0Su2vBT3HQxZ/IFEjw==

lpwti_ce

f3656716 Location:

Summary Statistics: Mean 4.398556257997241; Min. 3.4304237365722656; StDev 0.32322617067021214; Valid 140.0; Max. 5.041445732116699;

Variable Format: numeric

Notes: UNF:6:lCTIdkDNmUAboonaxkU0Hg==

phh_ce

f3656716 Location:

Summary Statistics: Max. 16.672388076782227; Mean 5.84130377088274; Valid 140.0; Min. 1.8266594409942627; StDev 3.2003328384090826;

Variable Format: numeric

Notes: UNF:6:+4TwhjMEfopIvm3be9Yb4Q==

lphh_ce

f3656716 Location:

Summary Statistics: StDev 0.513081511224228; Min. 0.6024888753890991; Valid 140.0; Mean 1.6312567097800124; Max. 2.813753843307495

Variable Format: numeric

Notes: UNF:6:O0ply8Byn5ItCTv9yk2X1A==

Other Study-Related Materials

Label:

AnalyzeData.do

Notes:

application/x-stata-syntax

Other Study-Related Materials

Label:

CleanData.do

Notes:

application/x-stata-syntax

Other Study-Related Materials

Label:

READMEDrillBit.docx

Notes:

application/vnd.openxmlformats-officedocument.wordprocessingml.document

Other Study-Related Materials

Label:

Table5Calculations.do

Notes:

application/x-stata-syntax