OilFIX - The oil fiscal index for the oil and gas sector
OilFIX is now available.
Access to OilFIX is provided via www.oilfix.com, our dedicated website. Visit our website, or have a look through our brochure, and don't hesitate to contact us if you have any questions.
About OilFIX
OilFIX has been created by the Petroleum Reservoir & Economics Group of Fugro Robertson Ltd. (formerly Beardall, Parry & Associates (BP&A)), who provide business solutions at an asset and company level to all participants in the exploration, development and production value chain.
OilFIX has been developed to provide simple yet detailed guides to individual upstream petroleum fiscal systems worldwide. The standardised format enables the user to easily benchmark and compare fiscal terms in the knowledge that the information is accurate and up-to-date. 80+ countries worldwide are covered.
OilFIX is updated quarterly unless a major change to the fiscal terms requires additional revision. Global and regional clients will receive updates as part of their annual subscription and will be alerted when a change in terms is announced.
New countries will be added as part of the annual updates and will also be provided to global subscribers and regional subscribers as appropriate.
OilFIX regions
Regional groupings within OilFIX
Deliverables
Each country description is presented as a PDF document typically containing the following:
Overview
- Fiscal summary
- Licensing Overview
- Work Programme
Detailed Description
- Royalty
- Bonuses
- Fees and Rentals
- Abandonment
- Cost Recovery
- Profit Sharing
- State Participation
- Domestic Market Obligation
- Corporate Income Tax
- Ring-Fence
- Cash Flow
Flow Chart