Competitive Framework for Alaska: 2012 slide image

Competitive Framework for Alaska: 2012

Shallow water exporters (Oil) IRR for the Base Case oil field (100 mln bbls, $ 20 per bbl costs, $ 80 per bbl price) (yellow - P50 costs < $ 15 per bbl, green - P50 costs < $ 10 per bbl) -10% 10% -5% 0% 5% 15% CAN: NOVA SCOTIA-Off(Base) CAN: NFLD&LAB-Off(SuperRoyalty+Equity) RUSSIA: OffSakhalin 2 NORWAY-Off AZERBAIJAN: (R-Factor - Shah Deniz PSA) TIMOR LESTE - TLDA Model Contract US - TEXAS - Offshore: General COLOMBIA-SW-API>29'10Terms US - ALASKA: OffCI-State Waters-(CookInletTerms) RUSSIA:Caspian Sea-METRelief+EDR'10 ANGOLA-Off(SWPSC-B9Bid Terms) CONGO BRAZZAVILLE: (OffMarine IX'06) KAZAKSHTAN: Off(Gen - 2011 Terms) CAMEROON: Off(Typical PSC'05-OilTerms) SUDAN: Red Sea PSC 2005 GABON-Off(SWPSCTerms) OMAN: Triton PSC (Block 22 - 1996) BRUNEI-PSA(Typical SW Terms) TRIN&TOB-OffSW (Min PSC Bid 2010 Terms) ECUADOR: AGIP Service Contract Terms '10 LIBYA-Oil: OffSW-EPSA IV - Example #3 EQUATORIAL GUINEA -OffSW(<200) MALAYSIA: SW-SW-R-Factor NIGERIA: SW-Current Terms with NNPC Part EGYPT: SW(Ezz El Orban Area) VENEZUELA: (General Terms) RUSSIA:CaspianSea-METReliefwFED QATAR: Negotiated Contract (2010) IRR: Alaska terms rate # 9 out of 28 exporters. 20% 25% 27
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