COUNTRIES’ EXPERIENCE WITH THE ALLOCATION OF PETROLEUM EXPLORATION AND PRODUCTION RIGHTS: STRATEGIES AND DESIGN ISSUES

...In order to exploit their natural resources efficiently, many governments rely on private oil companies. Governments have a challenging task in deciding which companies should be awarded the exclusive rights to explore, develop, and produce their resources, and on what conditions such rights should...

List of West African Oil Discoveries in 2010 - 2011

...Nigeria On June 24, 2010, Total announced that the Agge-3B.T1 well in the OML 136 licence in water depths of 140 m discovered several gas bearing reservoirs totalling a gross thickness in excess of 150 m. A production test performed over the lower intervals yielded a production of 21 million...

ASSOCIATED NATURAL GAS CONSERVATION STANDARDS INTRODUCED

..new standards to improve the oil and gas industry’s efficiency in how it handles associated natural gas, the gas produced in conjunction with primary production of crude oil... from canadaviews...

Production-sharing contracts: a dying breed? By Helmut Merklein of Iraq Oil Report, Published February 3, 2010

This paper introduces the never-before addressed concepts of conventional and hidden windfalls from oil and gas exploration/production contracts....