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Many governments rely on oil companies to efficiently exploit natural resources. Governments have the challenging task of deciding which companies should be awarded exclusive rights to explore, develop, and produce their petroleum resources, and on what conditions such rights should be awarded. This paper analyzes the available evidence on the advantages and disadvantages of various systems used by petroleum-producing countries to allocate petroleum exploration, development, and production rights, and considers the policy implications of each system. The experience of six petroleum-producing countries is presented in detail, and numerous other examples are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the optimal design of allocation systems.
Book Synopsis Petroleum Exploration and Production Rights by : Silvana Tordo
Download or read book Petroleum Exploration and Production Rights written by Silvana Tordo and published by World Bank Publications. This book was released on 2010 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many governments rely on oil companies to efficiently exploit natural resources. Governments have the challenging task of deciding which companies should be awarded exclusive rights to explore, develop, and produce their petroleum resources, and on what conditions such rights should be awarded. This paper analyzes the available evidence on the advantages and disadvantages of various systems used by petroleum-producing countries to allocate petroleum exploration, development, and production rights, and considers the policy implications of each system. The experience of six petroleum-producing countries is presented in detail, and numerous other examples are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the optimal design of allocation systems.
The paper aims to provide practical information to policy makers on the advantages and disadvantages of various practices used by petroleum producing countries to allocate exploration, development, and production rights.
Book Synopsis Petroleum Exploration and Production Rights by : Silvana Tordo
Download or read book Petroleum Exploration and Production Rights written by Silvana Tordo and published by World Bank Publications. This book was released on 2010 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper aims to provide practical information to policy makers on the advantages and disadvantages of various practices used by petroleum producing countries to allocate exploration, development, and production rights.
This detailed work is based on more than ten years experience in conducting tenders for the licensing of petroleum prospective acreage on behalf of a number of sovereign governments in Europe, Africa and the former Soviet Union. It explains the processes of licensing from the points of view of the two main protagonists, the government bodies and the international oil companies. The book also gives due prominence to the interests of the host communities and to the environment, as well as to the neighbouring states and the other participants who may be affected by the licensing process. In the modern world petroleum licensing takes place in the full glare of attention from the press and from public opinion. This work breaks new ground in recommending ways in which government and the oil companies may devise best practice in licensing to serve the interest of all parties and also an ethical business environment.
Book Synopsis The Promoting and Licensing of Petroleum Prospective Acreage by : Michael Bunter
Download or read book The Promoting and Licensing of Petroleum Prospective Acreage written by Michael Bunter and published by Kluwer Law International B.V.. This book was released on 2002-01-17 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This detailed work is based on more than ten years experience in conducting tenders for the licensing of petroleum prospective acreage on behalf of a number of sovereign governments in Europe, Africa and the former Soviet Union. It explains the processes of licensing from the points of view of the two main protagonists, the government bodies and the international oil companies. The book also gives due prominence to the interests of the host communities and to the environment, as well as to the neighbouring states and the other participants who may be affected by the licensing process. In the modern world petroleum licensing takes place in the full glare of attention from the press and from public opinion. This work breaks new ground in recommending ways in which government and the oil companies may devise best practice in licensing to serve the interest of all parties and also an ethical business environment.
This book presents detailed explanations of how to formulate field development plans for oil and gas discovery. The data and case studies provided here, obtained from the authors’ field experience in the oil and gas industry around the globe, offer a real-world context for the theories and procedures discussed. The book covers all aspects of field development plan processes, from reserve estimations to economic analyses. It shows readers in both the oil and gas industry and in academia how to prepare field development plans in a straightforward way, and with substantially less uncertainty.
Book Synopsis Technical Guidance for Petroleum Exploration and Production Plans by : Tarek Al-Arbi Omar Ganat
Download or read book Technical Guidance for Petroleum Exploration and Production Plans written by Tarek Al-Arbi Omar Ganat and published by Springer Nature. This book was released on 2020-03-31 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents detailed explanations of how to formulate field development plans for oil and gas discovery. The data and case studies provided here, obtained from the authors’ field experience in the oil and gas industry around the globe, offer a real-world context for the theories and procedures discussed. The book covers all aspects of field development plan processes, from reserve estimations to economic analyses. It shows readers in both the oil and gas industry and in academia how to prepare field development plans in a straightforward way, and with substantially less uncertainty.
Book Synopsis International Petroleum Exploration & Exploitation Agreements by : Keith W. Blinn
Download or read book International Petroleum Exploration & Exploitation Agreements written by Keith W. Blinn and published by . This book was released on 1986 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt:
"I discussed issues related to mineral rights and the oil and gas industry many times in my twelve years in the House of Commons. Now after reading this book I wish I could have those discussions over again. I would present the issues with much more confidence and accuracy. Upstream is easy to understand and loaded with important facts." - Randy White, former Member of Parliament "Understanding an industry requires that one learn its language. In the context of the oil and gas industry, Ms. Louie has authored a valuable immersion experience." - Sean E.D. Fairhurst, Partner, MacPherson Leslie & Tyerman LLP * In Upstream: Oil and Gas Exploration and Production, industry expert Levonne Louie simplifies and demystifies this area of the oil and gas sector for readers in Canada and beyond. In her straightforward, easy-to-follow guide, Louie presents an overview of the fundamental and essential components of what is known as the upstream part of the industry and how exploration for oil and natural gas is done and how the products are produced. An experienced consultant, author and speaker, Levonne Louie addresses complex questions with ease and a penchant for the plain and simple - from how geologists decide where to focus the exploration, to the acquisition of mineral and surface rights, to how production of oil and gas occurs and the impact of global factors on the industry. Building on the success of her first book - Mineral Land Rights: What You Need to Know - Oil and Gas Exploration and Production is an indispensable guide for everyday readers and industry members alike. * Levonne Louie has been an oil and gas industry professional for over thirty-six years. She has experience in negotiation, government relations, business development, strategy development and coaching. She aims to demystify the oil and gas industry so that there is better understanding between all parties. She lives in Calgary, Alberta, where she works, teaches, consults and serves on several boards.
Book Synopsis Upstream by : Levonne Louie
Download or read book Upstream written by Levonne Louie and published by . This book was released on 2015-04-22 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: "I discussed issues related to mineral rights and the oil and gas industry many times in my twelve years in the House of Commons. Now after reading this book I wish I could have those discussions over again. I would present the issues with much more confidence and accuracy. Upstream is easy to understand and loaded with important facts." - Randy White, former Member of Parliament "Understanding an industry requires that one learn its language. In the context of the oil and gas industry, Ms. Louie has authored a valuable immersion experience." - Sean E.D. Fairhurst, Partner, MacPherson Leslie & Tyerman LLP * In Upstream: Oil and Gas Exploration and Production, industry expert Levonne Louie simplifies and demystifies this area of the oil and gas sector for readers in Canada and beyond. In her straightforward, easy-to-follow guide, Louie presents an overview of the fundamental and essential components of what is known as the upstream part of the industry and how exploration for oil and natural gas is done and how the products are produced. An experienced consultant, author and speaker, Levonne Louie addresses complex questions with ease and a penchant for the plain and simple - from how geologists decide where to focus the exploration, to the acquisition of mineral and surface rights, to how production of oil and gas occurs and the impact of global factors on the industry. Building on the success of her first book - Mineral Land Rights: What You Need to Know - Oil and Gas Exploration and Production is an indispensable guide for everyday readers and industry members alike. * Levonne Louie has been an oil and gas industry professional for over thirty-six years. She has experience in negotiation, government relations, business development, strategy development and coaching. She aims to demystify the oil and gas industry so that there is better understanding between all parties. She lives in Calgary, Alberta, where she works, teaches, consults and serves on several boards.
This book on hydrocarbon exploration and production is the first volume in the series Developments in Petroleum Science. The chapters are: The Field Life Cycle, Exploration, Drilling Engineering, Safety and The Environment, Reservoir Description, Volumetric Estimation, Field Appraisal, Reservoir Dynamic Behaviour, Well Dynamic Behaviour, Surface Facilities, Production Operations and Maintenance, Project and Contract Management, Petroleum Economics, Managing the Producing Field, and Decommissioning.
Book Synopsis Hydrocarbon Exploration and Production by : Frank Jahn
Download or read book Hydrocarbon Exploration and Production written by Frank Jahn and published by Elsevier. This book was released on 1998-03-13 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book on hydrocarbon exploration and production is the first volume in the series Developments in Petroleum Science. The chapters are: The Field Life Cycle, Exploration, Drilling Engineering, Safety and The Environment, Reservoir Description, Volumetric Estimation, Field Appraisal, Reservoir Dynamic Behaviour, Well Dynamic Behaviour, Surface Facilities, Production Operations and Maintenance, Project and Contract Management, Petroleum Economics, Managing the Producing Field, and Decommissioning.
The steps that lead to the production of oil and gas are diverse, complex and costly. They are diverse because the detection of oil and gas involves input from many specialties, ranging from geology to reservoir engineering. They are complex, as shown by the development of the job of the petroleum architect, who coordinates all the operations. They are costly, as the investments for exploration and production represent more than half of all investments in the oil and gas sector. Moreover, exploration is a risky activity, both from the technical and financial viewpoint: only one well in five produces marketable oil. Meanwhile, the areas for exploration and production are spread throughout the world.
Book Synopsis Oil and Gas Exploration and Production by : Denis Babusiaux
Download or read book Oil and Gas Exploration and Production written by Denis Babusiaux and published by Editions TECHNIP. This book was released on 2007 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: The steps that lead to the production of oil and gas are diverse, complex and costly. They are diverse because the detection of oil and gas involves input from many specialties, ranging from geology to reservoir engineering. They are complex, as shown by the development of the job of the petroleum architect, who coordinates all the operations. They are costly, as the investments for exploration and production represent more than half of all investments in the oil and gas sector. Moreover, exploration is a risky activity, both from the technical and financial viewpoint: only one well in five produces marketable oil. Meanwhile, the areas for exploration and production are spread throughout the world.
As oil prices stabilise at more favourable levels for the industry, Oman is quickly forging ahead with the launch of several energy infrastructure developments, from upstream to downstream, including the Khazzan tight gas project and Duqm Refinery. In The Oil & Gas Year Oman 2018, leading executives and policymakers share their perspectives on the reactivation of the industry, the impact and implications of the Fourth Industrial Revolution, the role of local companies in continued efforts to expand into value-added products and services and the organisational restructuring of a number of the industry’s flagship entities. Comments from participants in The Oil & Gas Year Oman 2018 Strategic Roundtable are also featured in this edition. The event convened top leaders to discuss the most pressing challenges to the industry in light of recovering oil prices and the impact of automation and digitalisation of oil and gas operations. As the country embarks on initiatives to further strengthen its energy infrastructure and attract more investment from national and foreign sources, The Oil & Gas Year Oman 2018 offers unparalleled analysis of principal trends in the Omani industry.
Book Synopsis The Oil & Gas Year Oman 2018 by :
Download or read book The Oil & Gas Year Oman 2018 written by and published by The Oil & Gas Year Limited. This book was released on 2018-04-02 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: As oil prices stabilise at more favourable levels for the industry, Oman is quickly forging ahead with the launch of several energy infrastructure developments, from upstream to downstream, including the Khazzan tight gas project and Duqm Refinery. In The Oil & Gas Year Oman 2018, leading executives and policymakers share their perspectives on the reactivation of the industry, the impact and implications of the Fourth Industrial Revolution, the role of local companies in continued efforts to expand into value-added products and services and the organisational restructuring of a number of the industry’s flagship entities. Comments from participants in The Oil & Gas Year Oman 2018 Strategic Roundtable are also featured in this edition. The event convened top leaders to discuss the most pressing challenges to the industry in light of recovering oil prices and the impact of automation and digitalisation of oil and gas operations. As the country embarks on initiatives to further strengthen its energy infrastructure and attract more investment from national and foreign sources, The Oil & Gas Year Oman 2018 offers unparalleled analysis of principal trends in the Omani industry.
Now in its 5th edition, this well-respected work provides a comprehensive analysis of the EC merger control regime. The book examines the impact of legislative and procedural changes made in 2004 on the subsequent casework and procedures of the Commission and the workings of the European Competition Network in the merger control context.
Book Synopsis Oil & Gas by : David Perks
Download or read book Oil & Gas written by David Perks and published by Sweet & Maxwell. This book was released on 2012 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its 5th edition, this well-respected work provides a comprehensive analysis of the EC merger control regime. The book examines the impact of legislative and procedural changes made in 2004 on the subsequent casework and procedures of the Commission and the workings of the European Competition Network in the merger control context.
