• 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.

Key Features and 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