We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian Continental Shelf (NCS). A unique and detailed dataset containing data from 109 different fields on the NCS between 1970 and 2015 was employed. A set of 1080 autoregressive distributed...

The Americanization of Shell Oil -- Testing the waters -- Betting on technology -- The trials and triumphs of exploration -- The end of business as usual -- The offshore imperative -- Deepwater treasures in a new era of oil