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Production-sharing contracts and decision-making in oil production
Energy Economics, 1993Frank S T Hsiao
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Regulating Production Sharing Contract in Act on Oil and Gas [PDF]
, 2009 The concept of production sharing contract in Indonesia has experienced various changes or amendments. However, the implementation of such concept in acts pertinent to petrol and natural gases remain unclear. The detailed regulation on this aspect do not deliver sufficient elucidation, including in some significant clauses. It is considered therefore
Romadhon, Topan Meiza
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On oil investment and production: A comparison of production sharing contracts and buyback contracts
Energy Economics, 2014Abstract Production sharing contracts (PSCs) and buyback contracts are two important contract modes in the upstream oil industry. In this paper, we build a theoretical model to compare investment and production levels under these two contracts. Our model results show that PSCs lead to higher investment levels than buyback contracts.
Zhuo Feng, Shui-Bo Zhang, Ying Gao
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Risk Sharing in Exploration and Production Contracts
Proceedings of Oil and Gas Economics, Finance and Management Conference, 1994Abstract The increasing number of countries providing exploration opportunities are having to compete for oil company exploration budgets which are inextricably linked to oil prices. In today's climate of sub-$15 oil this competition is fierce.
G. K. Kellas, Susan Hodgshon
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The Extractive Industries and Society, 2021
Abstract Rentierism is a significant concern for most oil-producing countries, in particular, those in the developing world. Iraq is among those countries with a long history of rentierism. Kurdistan is the only federal region in Iraq that exports oil independently and uses Production Sharing Contracts (PSCs) without the federal government's ...
Qaraman Mohammed Hasan, Karwan Ali Perot
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Abstract Rentierism is a significant concern for most oil-producing countries, in particular, those in the developing world. Iraq is among those countries with a long history of rentierism. Kurdistan is the only federal region in Iraq that exports oil independently and uses Production Sharing Contracts (PSCs) without the federal government's ...
Qaraman Mohammed Hasan, Karwan Ali Perot
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Quality Improvement Incentives and Product Recall Cost Sharing Contracts
Management Science, 2009As companies outsource more product design and manufacturing activities to other members of the supply chain, improving end-product quality has become an endeavor extending beyond the boundaries of the firms' in-house process capabilities. In this paper, we discuss two contractual agreements by which product recall costs can be shared between a ...
Gary H. Chao +2 more
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Production Sharing Contracts—the Nigerian Experience
Journal of Energy & Natural Resources Law, 1995(1995). Production Sharing Contracts—the Nigerian Experience. Journal of Energy & Natural Resources Law: Vol. 13, No. 1, pp. 21-28.
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Middle East Oil Show, 2003
Abstract Since the Constitution of the Islamic Republic of Iran (1979) does not allow foreign companies to own equity stakes in hydrocarbon projects, Iran has developed a new mechanism in line with the Constitution to facilitate the engagement of foreign oil companies in development of oil/gas fields. Such a mechanism resembles a typical
S.N. Ebrahimi, A. Khouzani
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Abstract Since the Constitution of the Islamic Republic of Iran (1979) does not allow foreign companies to own equity stakes in hydrocarbon projects, Iran has developed a new mechanism in line with the Constitution to facilitate the engagement of foreign oil companies in development of oil/gas fields. Such a mechanism resembles a typical
S.N. Ebrahimi, A. Khouzani
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Trends in Production-Sharing Contracts in Nigeria
Proceedings of Oil and Gas Economics, Finance and Management Conference, 1992ABSTRACT Nigeria, as a member of the Oil Producing and Exporting Countries (OPEC), today operates various forms of Joint Venture arrangements. From 1908, when oil exploration first began in Nigeria by a German company, the Nigerian Bitumen Corporation (NBC), through 1937 when Shell D'Arcy took concession of the entire country as a single
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SPE Nigeria Annual International Conference and Exhibition, 2021
Abstract Unitisation has evolved globally as the best mechanism for the joint development of hydrocarbon bearing reservoirs that straddle two or more concessions or licenses. The concept of unitisation is underpinned by the need to avoid competitive exploitation of hydrocarbon resources, maximise its economic recovery, eliminate ...
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Abstract Unitisation has evolved globally as the best mechanism for the joint development of hydrocarbon bearing reservoirs that straddle two or more concessions or licenses. The concept of unitisation is underpinned by the need to avoid competitive exploitation of hydrocarbon resources, maximise its economic recovery, eliminate ...
openaire +1 more source