Insight
Petroleum fiscal and licensing month in brief: Brazilian bonus bonanza
Report summary
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?
Table of contents
- Changes to fiscal terms: existing assets
- Changes to fiscal terms: new licences
- Notable developments in ongoing fiscal discussions
- Licensing round highlights
Tables and charts
This report includes 7 images and tables including:
- Landowner royalty rates
- Landowner royalty rates
- Landowner royalty calculation example
- Mexico unconventional terms
- Licensing Round awards (3)
- Licensing Round launches (3)
- Licensing Rounds ongoing (31) and future (32)
What's included
This report contains:
Other reports you may be interested in
Insight
Petroleum fiscal and licensing month in brief: Iraq's new terms published
New terms were swiftly followed by the conclusion of 5th licensing round - contractors offered net revenue shares of between 4% and 20%.
$1,350
Insight
Petroleum fiscal month in brief: flexible terms on offer in the UAE
First impressions suggest there will be lower upfront taxes to make more projects viable on a post-tax basis.
$1,350
Insight
Petroleum fiscal month in brief: Angola passes landmark reform
Clarification on what a 'marginal field' is and the introduction of gas fiscal terms should see a fresh round of investment in the country.
$1,350
