Usually the cost estimates and production data are to be provided by the customers or their expert consultants. The fiscal system description may be obtained from the country legislation, model petroleum agreements and/or analysed specifications from recognized international institutions. Room for interpretation of fiscal rules is for discussion with the customer.
Uncertainty can be approached by scenario analysis, deterministic sensitivities or probabilistic analysis. Quality analysis will require input from cost engineers and reservoir engineers in the specification of uncertainty ranges applicable to input data.
NAPTA and its recognised international business partners have worked with the industry as well as with governments and may work from either perspective.
For more information please contact NAPTA International B.V.
