Inflation Reduction Act: all bark and no bite for upstream
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Executive Summary
- The Inflation Reduction Act in name only?
- Increased tax burden obscures reality
- Royalty change is expected
- Bonus and rental minimums increase – but not by much
- The future of renewables tied to traditional energy acreage
- Methane fees introduced
- Biden’s bite of buybacks begins
- Limited upstream impact for now
Tables and charts
This report includes 8 images and tables including:
- Build Back Better and Inflation Reduction Act comparison
- Inflation Reduction Act revenue and spending breakdown
- Simplified example of tax basis calculations
- Economic impact of federal royalty increase on government acreage type wells
- Bid and bonus change summary
- Bonuses paid for federal onshore acreage since 2019
- Methane fee price over time
- Shareholder payouts through Q2 2022
What's included
This report contains:
Other reports you may be interested in
Afghanistan upstream summary
The Taliban's return to power creates an uncertain upstream outlook - Despite ambitious plans in 2001-21, Afghanistan's current ...
$3,400Gjøa Area
Gjøa Area includes the Gjøa and Hamlet fields in the Northern North Sea.
$4,400Zhongyuan Oil Fields
Sinopec Corp operates the Zhongyuan Oil Fields which lie in the southwest of Shengli Oil Fields.
$3,100