Production Sharing Contracts and International Petroleum Fiscal Systems

Start: 02.12.19

End: 06.12.19

Venues: Houston




A Global Course for State-of-the-Art Theory, Practice & Techniques in Fiscal System, Analysis & Design


The Production Sharing Contracts course provides critical information to create the right commercial framework for successful PSC negotiations. It examines state-of-the-art practice and techniques in fiscal system, analysis and design. PSCs in over 45 countries will be examined. A must for all senior managers in new ventures, exploration, corporate planning, geology, as well as petroleum negotiators, oil company legal counsel, advisers, geologists and engineers. 


Module 1 provides

Examination of current PSC developments through a wide variety of economic, geological and fiscal scenarios that exist worldwide for the first 3 days. Get a detailed assessment of worldwide fiscal systems, industry metrics, trends and variations in:

  • PSCs/PSAs, Royalty/Tax Systems, Service Agreements, Risk Service Contracts, EOR PSCs
  • Negotiation & Commercial Terms
  • Government & Contractor Take, Effective Royalty Rate
  • Rate of Return Systems & R-Factors
  • Ringfencing, Relinquishment, Bonuses, Goldplating
  • Global Market for Exploration Acreage
  • The Biggest Concern of National Oil Companies

Module 2 provides

An additional 4 & 5 day will feature practical computer-based basic of petroleum risk analysis and decision theory, progressing to finer points of economic modelling in the international area.


Attractive early bird and team fees are available.


Organiser: Conference Connection