E&P Economics and Contracts

E&P Economics and Contracts

Beicip-Franlab provides consultancy and advisory services in petroleum E&P economics, international legislation and contracts. Our clients include international oil companies, national oil companies, governments, regulatory agencies, financial institutions and banks.

Our services can be provided at every stage of the E&P process: exploration, appraisal, development, production.

A support to the investment decision-making process

Beicip-Franlab performs economic studies to support the investment decision-making process for oil and gas company corporate management or for governmental authorities.

Beicip-Franlab has gained extensive experience in petroleum legislation, taxation and contracts.

  • Revision and drafting of legislation, regulations and contracts, selection of fiscal and economic packages, negotiation, implementation and follow-up of contracts.

  • A special added-value lies in our ability to model the economic and fiscal terms of any type of contract by incorporating specific provisions (production sharing contracts, concessions, royalty and tax regimes, service contracts).

Services may also benefit from the integration of multi-disciplinary teams of E&P experts including evaluation and promotion of exploration potential, selection of optimized field development plans, audit and certification of reserves, expert redetermination, due diligence and asset valuation.

A large range of services

  • E&P economic studies

    • assessment of exploration prospects, risk analysis

    • commercial evaluation of oil and gas discoveries

    • review and optimization of field development plans

    • oil and gas reserves audit

    • cost estimation (capex, opex)

    • project financing

    • property valuation

  • E&P strategy

    • decision analysis for petroleum exploration and production projects

    • analysis of policy options for exploration, development and production

    • screening of worldwide new ventures and business opportunities

    • farm-in / farm-out, acquisitions

  • Petroleum legislation and contracts

    • revising and drafting petroleum legislation: laws and regulations

    • revising and drafting petroleum contracts: PSCs, Concessions, JOAs

    • selection of appropriate fiscal and economic package

    • negotiation of petroleum contracts

    • implementation and follow up of contracts

  • Institutional building

    • advice to State energy supervising bodies

    • natural resource conservation, management and strategy

    • supervision and regulation of petroleum operations

    • promotion of acreage, licensing rounds, evaluation of offers

  • Training

    • petroleum E&P economics

    • international petroleum legislation and contracts

 

Key Benefits

  • Professional skills and experience gained worldwide.

  • Expertise in petroleum legislation, taxation and contracts: analysis, drafting, implementation, modeling of the economic terms.

  • Specific experience in advising governments and regulatory bodies.

 

  • Tailor-made solutions to meet the clients’ requirements.

  • Valuable and efficient advice to foster petroleum business development.