Country report

United States (Lower 48) upstream fiscal summary

From

$1,650.00

Get this report

From

$1,650.00

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

FAQs

Contact us

Report summary

Relatively complex concession based fiscal regime where licence terms are dependent upon land ownership. A cash or signaturebonus is paid to the land owner when the lease is signed. Royalty rates vary depending upon whether land is State owned private land and when the licence was issued. Most states in the US apply a production or severance tax on the gross value of oil and gas production (minus royalties paid or due) irrespective of land ownership. Companies are also liable for...

What's included

This report contains

  • Document

    United States (Lower 48) upstream fiscal summary

    PDF 456.75 KB

Table of contents

  • Executive summary
  • Current licence, equity and fiscal terms
  • Fiscal stability
  • Economic analysis

Tables and charts

This report includes 27 images and tables including:

Images

  • Revenue flowchart: L48 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

Tables

  • Timeline detail
  • Bonuses, rentals and fees
  • Ad Valorem (property) tax
  • Royalty rates
  • Current licence, equity and fiscal terms: Table 4
  • Current licence, equity and fiscal terms: Table 5
  • Current licence, equity and fiscal terms: Table 6
  • Current licence, equity and fiscal terms: Table 7
  • Assumed terms by location - oil
  • Effective royalty rate - onshore, oil
  • Current licence, equity and fiscal terms: Table 9
  • Economic analysis: Table 2
  • Maximum government share - onshore, oil
  • Economic analysis: Table 4
  • Fiscal terms for oil (US L48)
  • Fiscal terms for gas (US L48)
  • Appendix

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898