Contact us on (02) 8445 2300
For all customer service and order enquiries

Woodslane Online Catalogues

9780878148875 Academic Inspection Copy

International Exploration Economics, Risk, and Contract Analysis

  • ISBN-13: 9780878148875
  • Publisher: PENNWELL BOOKS
    Imprint: PENNWELL BOOKS
  • By Daniel Johnston
  • Price: AUD $275.00
  • Stock: 0 in stock
  • Availability: This book is temporarily out of stock, order will be despatched as soon as fresh stock is received.
  • Local release date: 30/06/2003
  • Format: Hardback (250.00mm X 146.00mm) 479 pages Weight: 819g
  • Categories: Economics [KC]Petroleum & oil industries [KNBP]
Description
Table of
Contents
Google
Preview
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 acounting 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 (PAFM) - 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. Contents: International petroleum fiscal system analysis Thinking of going internatinal? Trends and issues in foreign PSCs Current Developments The international gas industry Alignment of interests The ideal system Economic modeling/auditing - art and science - part 1 Economic modeling/auditing - art and science - part 2 Finger-on-the-pulse Kashagan and Tengiz The bidding dilemma Government take not the perfect statistic The value of reserves in-the-ground, effective royalty rate (ERR), booking barrels, ROR systems and 'R factors', maximum efficient rate (MER) Example contracts and/or fiscal systems from around the world Glossary Appendices.
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.
Google Preview content