Publications

Aupec’s Valuation team is launching a new series of regional reports examining the economic impact of upstream fiscal regimes in many of the important petroleum producing countries around the world.

The reports will evaluate government takes, and returns to investors under a wide range of economic and prospectivity conditions.

The first report in the series will be published in Q1, 2009 and will cover North West Europe and the Atlantic Margin.

NW Europe & Atlantic Margin Report 2009

The governments of NW Europe and the Atlantic Margin all have complex fiscal legislation for upstream petroleum exploitation.  The impacts of these fiscal regimes on post-tax returns to investors and government take are only apparent with detailed economic modelling.

This study looks at the effects of the tax systems on 16 typical oil and gas field discoveries, ranging from 10 million to 2 billion barrels recoverable oil, and from 50 billion to 4 trillion cubic feet recoverable gas. A wide range of oil and gas prices scenarios, field sizes and cost conditions are modelled to evaluate the government take and post-tax profitability for investors.

The report will provide valuable information and insight for:

• government tax and energy authorities
• government upstream oil & gas negotiators
• oil & gas company finance and taxation departments
• oil & gas company exploration strategists & negotiators
• oil & gas company asset and portfolio managers
• oil & gas senior management

Countries covered are: UK, Norway, Denmark, the Netherlands, Ireland, the Faroe Islands, Iceland and Greenland.