Country Report
Barbados upstream summary
Report summary
Barbados is an island nation located in the Caribbean within the Lesser Antilles. It is a constitutional monarchy, with the Queen of Great Britain as head of state and executive power wielded in practice by the prime minister. Barbados has a small population, is considered to be relatively stable politically, and offers investors an attractive set of fiscal terms. However, the country is still developing the regulatory framework and oversight capacity to properly manage the hydrocarbon ...
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
-
Geology
- Introduction
- The Barbados Ridge
- The Tobago Trough
- The Barbados Trough
- Key plays
- Stratigraphy
-
Exploration
-
Licensing
- 2008 offshore licensing round
- 2015 offshore licensing round
-
Drilling
- Drilling activity
- Onshore
- Offshore
-
Licensing
- Reserves and resources
-
Production
- Oil/liquids
- Gas
-
Infrastructure
- Introduction
- Oil infrastructure
- Gas infrastructure
-
Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
- International boundaries
- Maritime border dispute with Trinidad and Tobago
- Maritime border dispute with Venezuela
- Western maritime boundaries
- Licensing
- Licence types
- Exploration licence durations
- Domestic market obligation
- Abandonment
- 2008 award criteria
- Local content
-
Fiscal terms
- Overview
- Current fiscal terms
-
Bonuses, rentals and fees
- Signature bonuses
- Application fees
- Area Fees
- Training fees
- Coastal, Marine and Environmental Research Fee (CMERF)
-
Royalty and other production taxes
- Royalty
- Additional profits tax
-
Corporate (or petroleum) income tax
- Tax rate
- Fiscal/contractual ring fences
- Carry forward of losses
- Deductibles and depreciables
- Other taxes
-
Sample Cash Flow
- Methodology
- Marginal Government Take Calculation
Tables and charts
This report includes 8 images and tables including:
- Key facts: Table 1
- Country Map
- Map of Basins
- Stratigraphic column
- Fiscal terms: Table 1
- Barbados Block Map
- Fiscal terms: Table 2
- GEM Model
What's included
This report contains:
Other reports you may be interested in
Country Report
Gabon upstream summary slides
Slide-pack of the key issues to complement our more detailed Gabon upstream summary
$2,700
Country Report
Argentina upstream summary slides
To complement our more detailed Argentina upstream summary we provide a slide-pack of the key issues in the country.
$2,700
Country Report
Paraguay upstream summary
Paraguay is land-locked in the centre of South America and is surrounded by hydrocarbon-rich countries Brazil, Argentina, and Bolivia. ...
$3,400
