GOVERNMENTS CUT TAKES TO COMPETE AS WORLD ACREAGE DEMAND FALLS

04/24/1995
A. Pedro van Meurs Van Meurs & Associates Ltd.Calgary During the last decade there has been significant change in fiscal terms and conditions applicable to petroleum exploration and production. An analysis of 226 fiscal systems in 144 countries indicates that there has been a substantial downward trend in government take. Of the 226 fiscal systems analyzed, 130 were changed during the last decade. The changes resulted in a lower government take in almost all cases. During the last decade the supply of exploration acreage has increased due to the fact that a large number of countries decided to open new areas. These countrie...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected