The Replacement Cost Integration Program: User's guide

• Main Author: Reister, D.B.
• Language: unknown
• Published: 2020
• Subjects: 02 PETROLEUM; COST; R CODES; PETROLEUM; FORECASTING; PRODUCTION; RESOURCE DEPLETION; USA; COMPUTER CODES; ENERGY SOURCES; FOSSIL FUELS; FUELS; NORTH AMERICA; Arctic; Alaska
• Online Access: http://www.osti.gov/servlets/purl/6332869; https://www.osti.gov/biblio/6332869; https://doi.org/10.2172/6332869

The Oak Ridge National Laboratory and subcontractor ICF-Lewin Energy have developed a set of computer models to forecast the replacement cost of domestic crude oil. The REPCO model forecasts the replacement cost in the lower 48 states. The Arctic Economics Model forecasts the replacement cost in Alaska. The two models of the replacement cost system forecast domestic crude oil supply curves (schedules of the amount of oil available at various costs). The Replacement Cost Integration Program (RCIP) integrates the output from the two models to forecast the annual discoveries and production of domestic crude oil. RCIP is a user-friendly menu-driven program that is designed to run on an IBM-PC. This user's guide for RCIP contains detailed directions for installing and operating RCIP. The guide discusses all of the parameters on the input screens of the model. The format and units of the output files of the model are reviewed in Appendix B.