Country Report

Spain upstream fiscal summary

From

$1,650.00

You can pay by card or invoice

From

$1,650.00

You can pay by card or invoice

Get this Country Report as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

Very simple Concession fiscal regime with only corporate income tax payable, at a higher rate than other industries (35% rather than 30%).  There is no royalty. The barrel = lifetime revenue / field reserves. Profit = revenue – costs from barrel charts.  For further details see New Investment: Methodology. Source: Wood Mackenzie

What's included

This report contains

  • Document

    Spain upstream fiscal summary

    PDF 301.08 KB

Table of contents

Tables and charts

This report includes 25 images and tables including:

Tables

  • Timeline detail
  • Effective royalty rate - onshore, oil
  • Effective royalty rate - onshore, gas
  • Effective royalty rate - shelf/deepwater, oil and gas
  • Bonuses, rentals and fees
  • Current licence, equity and fiscal terms: Table 2
  • Current licence, equity and fiscal terms: Table 3
  • Indirect taxes
  • Summary of modelled terms
  • Economic analysis: Table 4
  • Economic analysis: Table 5
  • Economic analysis: Table 6
  • Economic analysis: Table 7

Images

  • Revenue flowchart: Spain Concession
  • Timeline
  • Split of the barrel - oil
  • Split of the barrel - gas
  • Share of profit - oil
  • Share of profit - gas
  • State share versus Pre-Share IRR – oil
  • State share versus Pre-Share IRR - gas
  • Investor IRR versus Pre-Share IRR - oil
  • Investor IRR versus Pre-Share IRR - gas
  • Marginal and effective oil royalty rates
  • Marginal and effective gas royalty rates

You may be interested in

Questions about this report?

  • Europe:
    +44 131 243 4400
  • Americas:
    +1 713 470 1600
  • Asia Pacific:
    +65 6518 0800