International Exploration Economics, Risk, and Contracts Analysis
Description of Item
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 Contracts 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.
FEATURES & BENEFITS
- Collection of valuable articles gathered in one book
- Fully updated with detailed examples
CONTENTS
- Exploration economic modeling - "How to" and things to look for
- State-of-the-art in petroleum fiscal system analysis
- Government take - strengths and weaknesses
- Detailed explanation of effective royalty rate, savings index, and entitlement index
- Alignment of interests between governments and oil companies
- Booking barrels
- Insights into the competitive bidding dilemma
- Value of reserves in the ground
- Gas development options
- Summary and analysis of example fiscal systems
- Detailed glossary
- Index
479 Pages/Hardcover/2003
ISBN10 0-87814-887-6
Shipping & Handling
International shipping costs vary based on country and port. Please send us international location for accurate quote.
Ratings & Reviews
No Ratings & Reviews given yet..
More Items From PennWell Books
SPE Petroleum Engineering Certification and PE License Exam Reference Guide, Sixth Edition
PennWell Books
70.00
Petroleum Engineering Handbook, Volume IV: Production Operations Engineering
PennWell Books
115.00
