Modeling China's offshore production sharing contracts using meta analysis
Modeling China’s offshore production sharing contracts using meta analysis作者机构:School of Business Administration China University of Petroleum Beijing 102249 China Center for Energy Studies Louisiana State University Baton Rouge LA 70803 USA
出 版 物:《Petroleum Science》 (石油科学(英文版))
年 卷 期:2010年第7卷第2期
页 面:283-288页
核心收录:
学科分类:0820[工学-石油与天然气工程] 08[工学] 0835[工学-软件工程] 082002[工学-油气田开发工程] 081202[工学-计算机软件与理论] 0812[工学-计算机科学与技术(可授工学、理学学位)]
主 题:Contract negotiation fiscal models multiple regression production sharing contract simulation
摘 要:Production sharing contracts have been used in the development of China’s offshore petroleum resources since 1982, but the mechanism in which the fiscal terms impact project economics is complicated and not well understood. The purpose of this paper is to model China’s offshore production sharing contracts using a probabilistic approach. Cash flows and economic indicators are used for a typical offshore oilfield development, and meta-models are constructed to analyze the basic features of the fiscal system. Applications of the models in contract negotiation are discussed.