The Character of Petroleum Licences

The Character of Petroleum Licences

Author: Tina Soliman Hunter

Publisher: Edward Elgar Publishing

Published: 2020-11-27

Total Pages: 288

ISBN-13: 1788976207

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This innovative book explores the legal character of petroleum licences, a key vehicle governing the relationship between oil companies and their host states. Examining the issue through the lens of legal culture, it illustrates why some jurisdictions exert strong state control and others only minimal.


Rural Wealth Creation and Emerging Energy Industries

Rural Wealth Creation and Emerging Energy Industries

Author: Jeremy Weber

Publisher:

Published: 2015

Total Pages: 36

ISBN-13:

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New technologies for accessing energy resources, changes in global energy markets, and government policies have encouraged growth in the natural gas and wind industries in the 2000s. The growth has offered new opportunities for wealth creation in many rural areas. At a local level, households who own land or mineral rights can benefit from energy development through lease and royalty payments. Using nationally-representative data on U.S. farms from 2011, we assess the consumption, investment, and wealth implications of the $2.3 billion in lease and royalty payments that energy companies paid to farm businesses. We estimate that the savings of current energy payments combined with the effect of payments on land values added $104,000 in wealth for the average recipient farm.


Oil and Gas Royalties

Oil and Gas Royalties

Author: Frank W. Rusco

Publisher: DIANE Publishing

Published: 2009-02

Total Pages: 44

ISBN-13: 1437909752

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In FY 2007, domestic and foreign co. received over $75 billion from the sale of oil and gas produced from fed. lands and waters. These co. paid the fed. gov¿t. $9 billion in royalties for this dev¿t. The gov¿t. also collects other revenues, and the sum of all revenues received is referred to as the ¿gov¿t. take (GT).¿ The terms and conditions under which the gov¿t. collects these revenues are referred to as the ¿oil and gas fiscal system (OGFS).¿ This report: (1) evaluates GT and the attractiveness for investors of the fed. oil and gas fiscal system; (2) evaluates how the absence of flexibility in this system has led to large foregone revenues; and (3) assesses what has been done to monitor the performance and appropriateness of the OGFS. Illustrations.


Natural Gas Royalties

Natural Gas Royalties

Author: United States. Congress. House. Committee on Government Reform. Subcommittee on Energy and Resources

Publisher:

Published: 2008

Total Pages: 68

ISBN-13:

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