Bestselling PennWell author Daniel Johnston shares his 15 years of experience in the international arena with his latest book, International Petroleum Fiscal Systems and Production-Sharing Contracts. The practical examples and step-by-step calculations in the book, partnered with illustrations and diagrams, make the text easy to read and understand. Johnston does an excellent job clarifying international oilfield taxation and regulation in the same way he explained oilfield accounting in his other PennWell title, Oil Company Financial Analysis in Nontechnical Language. Covers everything from historical development of contracts to terminology of accounting and negotiations, to threshold field size analysis, to arithmetic behind contract terms, and much more.
Acknowledgements
Chapter 1 : Introduction
Chapter 2 : Petroleum Fiscal Systems
Chapter 3 : Concessionary Systems
Chapter 4 : Production-Sharing Contracts
Chapter 5 : Risk Service Contracts
Chapter 6 : Threshold Field Size Analysis
Chapter 7 : Global Market for Exploration Acreage
Chapter 8 : Production-Sharing Contract Outline
Chapter 9 : Accounting Principles
Chapter 10 : Double Taxation
Chapter 11 : Commentary
Appendix
Glossary
Index
