UK Budget 2016: a competitive tax regime for an ultra mature basin
This report is currently unavailable
*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
- Background
- SCT reduction
- PRT zero rated
- Investment/Cluster/Onshore allowances
- Implications
-
Model field analysis
- Company and project value impact
- How does Budget 2016 impact exploration?
- Retained decommissioning liabilities – Budget brings tax relief certainty
Tables and charts
This report includes the following images and tables:
- Value transfer for the UK
- Marginal tax rate
- Government share with varying oil price
- IRR with varying oil price
- Government share and IRR at US$60/bbl: varying project cost base
- International fiscal comparison
- Retained decommissioning liabilities
- Project impact
- Company impact
What's included
This report contains:
Other reports you may be interested in
Europe upstream week in brief: Statoil acquires Total's operated Norwegian assets for US$1.45 billion
Welcome to the Europe week in brief where we bring you quick, responsive opinion and analysis on what's going on in European oil and gas.
$1,350Europe upstream week in brief: Maersk Oil sets course for IPO
Maersk Oil imminent IPO. Competition for Majors' simplified FPSO contracts. Aker BP's Volund West dry. Romanian government increases take.
$1,350Continental and Mediterranean Europe upstream month in brief: 03 May 2016
In Bulgaria, Total will drill the first deepwater well in May, while production at Italy’s Val d’Agri field has been suspended.
$1,350