Insight
When producing licences expire: should governments stick or twist?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Investors in conventional upstream projects are focusing their attention on the lowest risk, fastest return opportunities. And at the top of this list is incremental investment in existing assets. Increasing the ultimate recovery of a producing field by a few percentage points, using existing facilities, is hard to beat for low cost and high return investment. Some of this potential investment is being hindered, because the licences containing the assets are close to expiring. In some countries, producers are automatically allowed to continue producing an asset beyond the initial licence period. But in others, there is no guarantee that the investor will keep the current licence terms or even retain rights to production beyond expiry. Find out how expiries of producing licences can impact investors and projects in different countries.
Table of contents
- Executive Summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
The UK government's North Sea consultation conundrum
The industry is at a low ebb, but the pathway ahead should be clear
$1,350
Insight
Breaking down the surge in US LNG capital costs and impact of tariffs
Tariffs could raise US LNG construction costs by 5%, compounding inflation and squeezing project returns across pre-FID developments
$1,050
