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Ecuador Upstream Fiscal and Regulatory Market - Intracampos Round to Test New PSA Terms

Ecuador Upstream Fiscal and Regulatory Market

Ecuador Upstream Fiscal and Regulatory Market

Ecuador Upstream Fiscal and Regulatory Report - Intracampos Round to Test New PSA Terms is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The influencing Factors of the report is growth of this market include authorized regulations with respect to the usage of the information, availability of highly reliable products in the market, and increase in operational efficiency of .The study provides information on market trends and development, drivers, capacities, technologies, and on the changing dynamics of Ecuador Upstream Fiscal and Regulatory Market.

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Summary
Ecuador has introduced a new oil production-sharing contract for investment in its upstream sector. Following the adoption of the new regime, the government has opened the XII Intracampos Licensing Round in September 2018 to gauge investor appetite for the new terms and in the medium-to-long term is planning to launch four additional rounds, the fourth of which includes gas-prospective offshore acreage. Going forward, the government is also planning to introduce gas-specific legislation in the short term.

“Ecuador Upstream Fiscal and Regulatory Report - Intracampos Round to Test New PSA Terms”, presents the essential information relating to the terms which govern investment into Ecuador’s upstream oil and gas sector. The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state’s take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Ecuador’s upstream oil and gas investment climate.
Scope
- Overview of current fiscal terms governing upstream oil and gas operations in Ecuador
- Assessment of the current fiscal regime’s state take and attractiveness to investors
- Charts illustrating the regime structure, and legal and institutional frameworks
- Detail on legal framework and governing bodies administering the industry
- Levels of upfront payments and taxation applicable to oil and gas production
- Information on application of fiscal and regulatory terms to specific licenses
- Outlook on future of fiscal and regulatory terms in Ecuador.
Reasons to buy

- Understand the complex regulations and contractual requirements applicable to Ecuador’s upstream oil and gas sector
- Evaluate factors determining profit levels in the industry
- Identify potential regulatory issues facing investors in the country’s upstream sector
- Utilize considered insight on future trends to inform decision-making.

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1 Table of Contents
1 Table of Contents 1
1.1. List of Tables 3
1.2. List of Figures 3
2. Regime Overview 4
3. State Take Assessment 7
4. Key Fiscal Terms -Production Sharing Agreement 8
4.1. Bonuses and Fees 8
4.1.1. Payment for Use of Water and Natural Materials 8
4.1.2. Contribution for the Development of the National Technical Education and Scholarships 8
4.2. Royalties (Paid out of State Share) 8
4.3. Production Sharing 9
4.3.1. Oriente Crude Reference Price Adjustment 9
4.3.2. Production Volume Adjustment 10
4.3.3. Oil Quality Adjustment 10
4.4. Sovereign Adjustment 11
4.5. Amazon Regional Eco-Development Fund 11
4.6. Additional Tax on Crude Oil Pipeline Transportation - Law 40
…….continued

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