International Exploration Economics, Risk, and Contract Analysis PDF Download

Author: Daniel Johnston
Publisher: PennWell Books
ISBN: 9780878148875
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
International exploration and production is challenging and exciting. Negotiating with governments and understanding the dynamics of their fiscal systems and/or production sharing contracts can mean the difference between success and failure. Long-time industry consultant, negotiator and lecturer, Daniel Johnston, provides an extremely clear and practical perspective on: • international exploration economics and risk analysis, • petroleum fiscal system analysis and design, • contract negotiations, • economic, financial and accounting aspects of production sharing contracts, and royalty/tax systems. International Exploration Economics, Risk, and Contract Analysis is an anthology of articles from Johnston's column in the Petroleum Accounting and Financial Management Journal (PAFMJ) Institute of Petroleum Accounting, University of North Texas. While some chapters date back a number of years, the key chapters and concepts have been dramatically updated with detailed examples.

Author: Daniel Johnston
Publisher:
ISBN:
Category : Oil and gas leases
Languages : en
Pages : 266

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Author: David Johnston
Publisher: Pennwell Books
ISBN: 9781593700447
Category : Technology & Engineering
Languages : en
Pages : 0

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Book Description
Offering a clear explanation of financial statements with a practical approach to the analysis of an oil company, this introduction contains tables, figures, and worksheets, and examples of analysis of virtually every aspect of an oil company are provided in detail. Financial quick-look techniques, rules of thumb, commentary, and a glossary are included.

Author:
Publisher: Lannoo Uitgeverij
ISBN:
Category :
Languages : en
Pages : 52

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Book Description

Author: Betty Simkins
Publisher: John Wiley & Sons
ISBN: 1118235983
Category : Business & Economics
Languages : en
Pages : 628

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Book Description
Thought leaders and experts offer the most current information and insights into energy finance Energy Finance and Economics offers the most up-to-date information and compelling insights into the finance and economics of energy. With contributions from today's thought leaders who are experts in various areas of energy finance and economics, the book provides an overview of the energy industry and addresses issues concerning energy finance and economics. The book focuses on a range of topics including corporate finance relevant to the oil and gas industry as well as addressing issues of unconventional, renewable, and alternative energy. A timely compendium of information and insights centering on topics related to energy finance Written by Betty and Russell Simkins, two experts on the topic of the economics of energy Covers special issues related to energy finance such as hybrid cars, energy hedging, and other timely topics In one handy resource, the editors have collected the best-thinking on energy finance.

Author: Frank Jahn
Publisher: Elsevier
ISBN: 0080551459
Category : Technology & Engineering
Languages : en
Pages : 397

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Book Description
This book on hydrocarbon exploration and production is the first volume in the series Developments in Petroleum Science. The chapters are: The Field Life Cycle, Exploration, Drilling Engineering, Safety and The Environment, Reservoir Description, Volumetric Estimation, Field Appraisal, Reservoir Dynamic Behaviour, Well Dynamic Behaviour, Surface Facilities, Production Operations and Maintenance, Project and Contract Management, Petroleum Economics, Managing the Producing Field, and Decommissioning.

Author: Silvana Tordo
Publisher: World Bank Publications
ISBN: 082137267X
Category : Technology & Engineering
Languages : en
Pages : 86

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Book Description
Although host governments and investors may share one common objective - the desire for projects to generate high levels off revenue - their other goals are not entirely aligned. Host governments aim to maximize rent for their country over time, while achieving other development and socioeconomic objectives. Investors aim to ensure that the return on investment is consistent with the risk associated with the project, and with their corporations' strategic objectives. To reconcile these often conflicting objectives, more and more countries rely on transparent institutional arrangements and flexible, nuetral fiscal regimes. This paper examines the key elements of the legal and fiscal frameworks utilized in the petroleum sector and aims to outline desirable features that should be considered in the design of fiscal policy with the objective of optimizing the host government's benefits, taking into account the effect this would have on the private sector's investment.

Author: Dr. Isaac Yak R. Tutdel
Publisher: Xlibris Corporation
ISBN: 1664179518
Category : History
Languages : en
Pages : 180

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Book Description
The continent of Africa is endowed with natural resources in each country. Tapping into these resources provides a great opportunity for African countries to grow and develop. However, this vast wealth of resources cannot be tapped by the African countries because of a lack of capacity and Funds. Oil producing countries in Africa heavily rely on the expertise and resources of Foreign Oil companies to help them exploit the oil. The foreign Oil companies signed contracts with the unsuspecting African countries to help them benefits from their resources. Those contracts are not the same that are signed internationally. They are steeped towards the benefit of the foreign oil companies. This book examines what went wrong and suggest some remedies to maximize the benefits of those national natural resources. Examples are drawn from the study conducted in the Republic of South Sudan’s oil sector.

Author: Mustafa Erkan
Publisher: Kluwer Law International B.V.
ISBN: 9041134115
Category : Law
Languages : en
Pages : 442

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Book Description
"Presents the results of a questionnaire-based survey circulated to the main players in the petroleum sector, revealing actual existing contractual risk management techniques and showing a true picture of the political risk situation in the petroleum sector"--P. [4] of cover.

Author: Muhammed Abed Mazeel
Publisher: diplom.de
ISBN: 3836638215
Category : Business & Economics
Languages : en
Pages : 453

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Book Description
Inhaltsangabe:Introduction: The petroleum fiscal system for a country is essentially the taxation structure, including royalty payments, that has been established by legislation. More broadly, the fiscal system includes all aspects of the contractual and taxation framework that governs the relationship between the host government and an international oil company. Worldwide, there are many different fiscal systems with different taxation and contractual terms. These vary from country to country and some countries use more than one system. Countries, for example, may offer concessionary system arrangements or service and production sharing agreements. Whichever system prevails, the issue for an oil company is how can it recover costs expended and how will the profit be divided. This depends upon tax regulations and the principles of the economics of the life of a field. The focus of this book is on the mechanics of the various kinds of fiscal systems and the factors that drive exploration and development economics. The emphasis is on practical aspects of petroleum taxation and industry/government relationships. There is also fertile ground for considering the philosophy of petroleum taxation which has changed the industry. Legal and operational aspects of contract/fiscal terms are also examined to provide a foundation in the dynamics of international negotiations. Both industry and government viewpoints are addressed in this book since a complete grasp of the subject requires an understanding of the aims and concerns of both sides. There are few things more discouraging for a government s national oil company than an unsuccessful licensing round. Yet prolonged, inconclusive negotiations can be equally frustrating for oil companies. This book has been written for those interested in petroleum taxation and international negotiations, and the way to carry out successful exploration and development projects. Much of the subject has evolved years ago whilst some aspects of taxation are timeless. Examples are included to give the reader a wide perspective about the implementation of fiscal systems. The terminology has changed over the years and will continue to develop. There is little standardisation of terms in the industry and the abundance of jargon can be rather daunting. The subjects covered in this book are often simple concepts wrapped up with industry and legal jargon. A glossary is provided to help with this. Much of the material provided [...]