Many governments rely on oil companies to efficiently exploit natural resources. Governments have the challenging task of deciding which companies should be awarded exclusive rights to explore, develop, and produce their petroleum resources, and on what conditions such rights should be awarded. This paper analyzes the available evidence on the advantages and disadvantages of various systems used by petroleum-producing countries to allocate petroleum exploration, development, and production rights, and considers the policy implications of each system. The experience of six petroleum-producing countries is presented in detail, and numerous other examples are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the optimal design of allocation systems.

The paper aims to provide practical information to policy makers on the advantages and disadvantages of various practices used by petroleum producing countries to allocate exploration, development, and production rights.

This book presents detailed explanations of how to formulate field development plans for oil and gas discovery. The data and case studies provided here, obtained from the authors’ field experience in the oil and gas industry around the globe, offer a real-world context for the theories and procedures discussed. The book covers all aspects of field development plan processes, from reserve estimations to economic analyses. It shows readers in both the oil and gas industry and in academia how to prepare field development plans in a straightforward way, and with substantially less uncertainty.

This book on hydrocarbon exploration and production is the first volume in the series Developments in Petroleum Science. The chapters are: The Field Life Cycle, Exploration, Drilling Engineering, Safety and The Environment, Reservoir Description, Volumetric Estimation, Field Appraisal, Reservoir Dynamic Behaviour, Well Dynamic Behaviour, Surface Facilities, Production Operations and Maintenance, Project and Contract Management, Petroleum Economics, Managing the Producing Field, and Decommissioning.

"I discussed issues related to mineral rights and the oil and gas industry many times in my twelve years in the House of Commons. Now after reading this book I wish I could have those discussions over again. I would present the issues with much more confidence and accuracy. Upstream is easy to understand and loaded with important facts." - Randy White, former Member of Parliament "Understanding an industry requires that one learn its language. In the context of the oil and gas industry, Ms. Louie has authored a valuable immersion experience." - Sean E.D. Fairhurst, Partner, MacPherson Leslie & Tyerman LLP * In Upstream: Oil and Gas Exploration and Production, industry expert Levonne Louie simplifies and demystifies this area of the oil and gas sector for readers in Canada and beyond. In her straightforward, easy-to-follow guide, Louie presents an overview of the fundamental and essential components of what is known as the upstream part of the industry and how exploration for oil and natural gas is done and how the products are produced. An experienced consultant, author and speaker, Levonne Louie addresses complex questions with ease and a penchant for the plain and simple - from how geologists decide where to focus the exploration, to the acquisition of mineral and surface rights, to how production of oil and gas occurs and the impact of global factors on the industry. Building on the success of her first book - Mineral Land Rights: What You Need to Know - Oil and Gas Exploration and Production is an indispensable guide for everyday readers and industry members alike. * Levonne Louie has been an oil and gas industry professional for over thirty-six years. She has experience in negotiation, government relations, business development, strategy development and coaching. She aims to demystify the oil and gas industry so that there is better understanding between all parties. She lives in Calgary, Alberta, where she works, teaches, consults and serves on several boards.

Practical Petroleum Geochemistry for Exploration and Production provides readers with a single reference that addresses the principle concepts and applications of petroleum geochemistry used in finding, evaluating, and producing petroleum deposits. Today, there are few reference books available on how petroleum geochemistry is applied in exploration and production written specifically for geologists, geophysicists, and petroleum engineers. This book fills that void and is based on training courses that the author has developed over his 37-year career in hydrocarbon exploration and production. Specific topical features include the origin of petroleum, deposition of source rock, hydrocarbon generation, and oil and gas migrations that lead to petroleum accumulations. Also included are descriptions on how these concepts are applied to source rock evaluation, oil-to-oil, and oil-to-source rock correlations, and ways of interpreting natural gas data in exploration work. Finally, a thorough description on the ways petroleum geochemistry can assist in development and production work, including reservoir continuity, production allocation, and EOR monitoring is presented. Authored by an expert in petroleum geochemistry, this book is the ideal reference for any geoscientist looking for exploration and production content based on extensive field-based research and expertise. - Emphasizes the practical application of geochemistry in solving exploration and production problems - Features more than 200 illustrations, tables, and diagrams to underscore key concepts - Authored by an expert geochemist that has nearly 40 years of experience in field-based research, applications, and instruction - Serves as a refresher reference for geochemistry specialists and non-specialists alike

Oil and Gas Law in the UK offers in-depth analysis of the central legal issues connected to this important UK industry. The second edition of this text provides an overview of the United Kingdom Continental Shelf (UKCS) and how it relates to oil and gas law. It also offers: - Coverage of operations, contracting and the future of the UKCS - A detailed examination of the UK oil and gas industry - Consideration of the general framework of the international oil and gas industry Oil and Gas Law in the UK is written in a clear and reader-friendly style and includes detailed appendices on cross-boundary agreements and guidance on disputes.