Insight
Petroleum fiscal and licensing month in brief: Mexico and Colombia tweak terms ahead of license rounds
Report summary
In our latest 'month in brief', we highlight the main Fiscal and Licensing stories that occurred in May and we provide our analysis and opinion on the developments. This issue highlights: Changes in fiscal terms: Property taxes for oil companies were reduced in the Bashkir Republic in Russia. Limits on bid items were placed in Mexico; Colombia made changes to add stability Ongoing fiscal discussions: The PIGB in Nigeria passed its third reading and will now be sent to the house of representatives; Peru clarifies its stance on royalty reduction Licensing round highlights: Australia, Norway, Faroe Islands and Indonesia launch licensing rounds. Our Fiscal theme page is a dedicated landing point where you can access all our fiscal summaries, informs, insights, presentations and tools - subject to subscription. This can be accessed via the "Themes" menu at the top of every page on the Wood Mackenzie portal.
Table of contents
- Executive summary
- Changes to fiscal terms: existing assets
-
Changes to fiscal terms: new licences
- Licensing round launches (6)
- Licensing rounds ongoing (31)
Tables and charts
This report includes 9 images and tables including:
- Fiscal and Licensing activity (May 2017)
- Petroleum fiscal and licensing month in brief: Mexico and Colombia tweak terms ahead of license rounds: Table 1
- Biddable royalty multiplier
- Liquids high price fees (2017)
- Petroleum fiscal and licensing month in brief: Mexico and Colombia tweak terms ahead of license rounds: Image 4
- Petroleum fiscal and licensing month in brief: Mexico and Colombia tweak terms ahead of license rounds: Image 5
- Licensing round awards (4)
- Petroleum fiscal and licensing month in brief: Mexico and Colombia tweak terms ahead of license rounds: Table 3
- Petroleum fiscal and licensing month in brief: Mexico and Colombia tweak terms ahead of license rounds: Table 4
What's included
This report contains:
Other reports you may be interested in
Insight
Petroleum fiscal and licensing month in brief: Brazilian bonus bonanza
The fiscal and licensing month in brief will keep you up to date with fiscal system changes and licensing rounds with biddable fiscal terms.
$1,350
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: 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
