Economic Criteria in Decisions on Exploration Works

Gert, A.A.; Suprunchik, N.A.; Nemova, O.G.; Kuzmina, Ksenija; Sobolev, Michael

doi:10.3997/2214-4609.20145504

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2020

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“…and Kuzmina K.N. [8], the transition to EPT will not always stimulate the development of even these fields in the long term, especially after the end of the tax grace period in the context of lower oil sales prices. The same opinion is held by Bobylev Yu.…”

Section: Resultsmentioning

confidence: 99%

Assessment of the feasibility of applying an excess-profits tax from hydrocarbon production for deposits at the final stage of development

2020

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The author's approaches to the feasibility of applying an excess-profits tax from hydrocarbon production to various types of deposits are reflected. The possibility of applying this tax in the operation of an oil field at the final stage of development is studied. A comparative assessment of the technical and economic performance of the field under consideration under the current and new tax regimes was carried out. Based on the modeling of scenarios for the development of the world oil market, its parameters have been determined, under which the development of the field using the new tax regime will ensure economic and budgetary efficiency.

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Section: Resultsmentioning

confidence: 99%