Petroleum fiscal and licensing month in brief: Brazilian bonus bonanza Report

Insight 09 April 2018

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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                <div>
License awards in the Gulf of Mexico and signature bonuses in Brazil were in the headlines this month. Changes in Mexico clarified landowner royalties for onshore projects and introduced unconventional fiscal terms for a recently launched round. US tax change now prohibits income tax deductions for the pipeline tariff calculations on the federal level, while Oklahoma raised the minimum severance tax to boost the budget receipts. Colombia is introducing subsidies to support the exploration industry, Alaska is establishing a plan for tax debt repayment to exploration drillers. Iraq and the United Arab Emirates have released some contract details for their upcoming rounds. Read our report to discover: What are the implications of the recent awards in US, Mexico and Brazil? Which parameters will be the key in the upcoming Iraq and UAE rounds? What terms are applicable for the unconventional round in Mexico? What incentives for the investors are being discussed in Colombia and Romania?</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Changes to fiscal terms: existing assets
    </li>

<li class="list__item-toggle font-semibold">
        Changes to fiscal terms: new licences
    </li>

<li class="list__item-toggle font-semibold">
        Notable developments in ongoing fiscal discussions
    </li>

<li class="list__item-toggle font-semibold">
        Licensing round highlights
    </li>

</ul>

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<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">Landowner royalty rates</li><li class="list__item push-quarter--bottom">Landowner royalty rates</li><li class="list__item push-quarter--bottom">Landowner royalty calculation example</li>
     </ul>
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        <ul class="list list--bullets panel-toggle" id="49355f72b7784296a3bd2939902073c5">
            <li class="list__item push-quarter--bottom">Mexico unconventional terms</li><li class="list__item push-quarter--bottom">Licensing Round awards (3)</li><li class="list__item push-quarter--bottom">Licensing Round launches (3)</li><li class="list__item push-quarter--bottom">Licensing Rounds ongoing (31) and future (32)</li>
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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
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<p class="font-regular" >PFL_MiB_OngoingDiscussions_201803.xls</p>
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<p class="font-regular" >PFL_MiB_Licensing_201803.xls</p>
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<p class="font-regular" >Petroleum fiscal and licensing month in brief: Brazilian bonus bonanza</p>
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    <span>PDF</span>
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