Colin was the interim director of the Markets and Industrial Development program. He has worked in the energy industry for 10 years in various capacities including seismic field work, refinery design and consulting for major international oil companies and national oil companies worldwide. Colin played a major role in several KAPSARC projects, primarily focusing on cost estimation for energy projects and environmental impacts of the global energy industry.


See all Colin’s publications
  • Discussion papers
  • Methodology paper
  • Instant Insight
Enhanced Oil Recovery and CO2 Storage Potential Outside North America: An Economic Assessment

Enhanced Oil Recovery and CO2 Storage Potential Outside North America: An Economic Assessment

Storing carbon dioxide (CO2 ) in oil reservoirs as part of CO2 -based enhanced oil recovery (CO2 -EOR) can be a cost-effective solution to reduce emissions into the atmosphere. In this paper, we analyze the economics of this option in order to estimate the amount of CO2 that could be profitably stored in different regions of the world. We consider situations in which the CO2 -EOR operator either purchases the CO2 supplied or is paid for its storage. Building upon extensive data sets concerning the characteristics and location of oil reservoirs and emission sources, the paper focuses on opportunities outside North America. Using net present value (NPV) as an indicator for profitability, we conduct a break-even analysis to relate CO2 supply prices (positive or negative) to economically viable storage potential.

29th January 2018
Evaluating Uganda’s Oil Sector: Estimation of Upstream Projects

Evaluating Uganda’s Oil Sector: Estimation of Upstream Projects

Uganda and other countries in Eastern Africa are on the cusp of developing many oil and gas resources, and there is reason for local content to be included in the discussion. As part of a larger research effort at KAPSARC – which includes determining the local capacity for goods and services, economic impacts and policy implications – estimating the actual costs for development are a key input. Drawing on government and public domain information, this paper makes a detailed assessment of the cost, schedule and production estimates resulting from investment in Ugandan upstream oil projects.

20th December 2016
A Short-Term Forecasting Model for Brent Oil Prices

A Short-Term Forecasting Model for Brent Oil Prices

The KAPSARC Oil Market Outlook (KOMO) has been designed to provide readers with a timely source of data, forecasts and analysis of world oil markets, including an understanding of the key factors affecting world oil prices. This paper gives a detailed description of the scope of KOMO, including the models and methodology used in the analysis.

20th October 2019
KAPSARC Oil Market Outlook – Update

KAPSARC Oil Market Outlook – Update

China reported an outbreak of a SARS-like viral infection on December 31, 2019. The disease, officially named COVID-19, was first detected in Wuhan City, Hubei Province, China and continues to spread globally. Initial symptoms are similar to the common cold, but in severe cases it can cause pneumonia and even organ failure. The Chinese government has taken a number of steps to try to contain the virus, including extending the annual Lunar New Year holiday, restricting travel, and suspending some business activities. All of these measures will have some effect on the country’s energy consumption. Given the growing concerns over COVID-19 and its impact on oil demand, KOMO has been updated and KAPSARC is examining a range of possible outcomes. 

18th February 2020

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