Transcription of Production-Sharing Agreements: An Economic Analysis
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Production-Sharing Agreements: An Economic Analysis
OXFORD INSTITUTE ENERGY STUDIES - FOR - Production-Sharing Agreements: An Economic Analysis Kirsten Bindemann Oxford Institute for Energy Studies WPM 25 October 1999 Production-Sharing Agreements: An Economic Analysis Kirsten Bindemann Oxford Institute for Energy Studies WPM 25 October 1999 The contents of this paper are the author s sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its Members. Copyright 0 1999 Oxford Institute for Energy Studies (Registered Charity, No. 286084) All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior permission of the Oxford Institute for Energy Studies.
2.1 Mineral Development in General 2.2 2.3 Ownership and Mineral Development Rights A Brief History of Petroleum Contracts 3 PRODUCTION-SHARING AGREEMENTS IN GENERAL 3.1 The Contract Elements 3.2 Some Simulations 3.3 A Discussion of the Simulation Results Part 11: Some Theory 4 INCENTIVES, RISKS AND REWARDS 4.1 4.2 Sharecropping
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