Table of Contents

Exploration economic modeling-""How to"" and things to look for; State-of-the-art in petroleum fiscal system analysis; Government take-strengths and weaknesses; Detailed explanation of effective royalty rate, savings index, and entitlement index; Alignment of interests between governments and oil companies; Booking barrels; Insights into the competitive bidding dilemma; Value of reserves in the ground; Gas development options; Summary and analysis of example fiscal systems; Detailed glossary; Index.