Case Study and Sample Slides US: Upstream Oil & Gas Fiscal Regime in the Gulf of Mexico
Disclaimer This document is the proprietary and exclusive property of Sutherland Global Services except as otherwise indicated. No part of this document, in whole or in part, may be reproduced, stored, transmitted, or used for design purposes without the prior written permission of Sutherland Global Services. The information contained in this document is subject to change without notice. The information in this document is for information purposes only. Sutherland Global Services® disclaims all warranties, express or limited, including, but not limited, to the implied warranties of merchantability and fitness for a particular purpose, except as provided for in a separate software license agreement. All confidential or proprietary information contained in Sutherland’s response shall at all times be and remain the sole and exclusive property of Sutherland Global Services, Inc.
©©2013 GlobalServices Services Inc., rights reserved. Privileged and confidential information of Sutherland Global 2010Sutherland Sutherland Global Inc., All All rights reserved. Privileged and confidential information of Sutherland Global Services Inc. Services Inc.
www.sutherlandglobal.com
Disclaimer Disclaimer
The sample contains excerpts from a study conducted by Sutherland Global Services for a client. the sample may not contain all the pages of the original document. THIS sample has been prepared by Sutherland Global Services, Inc. or its associates or affiliates (“Sutherland Global Services�) exclusively as an illustrative sample only and is sent to authorized recipients solely for the purpose of evaluating Sutherland Global Services' support service capabilities. THIS sample should not be considered as an offer to sell, a solicitation to buy, or an endorsement or recommendation of any company. Sutherland Global Services does not guarantee the accuracy, completeness or other characteristics of the data / information of the report. This Sample may not be reproduced or distributed (in whole or in part) to any third party without the express prior permission of Sutherland Global Services.
Sutherland Global Services may also have (or have had) arrangements with entities whereby Sutherland Global Services receives or is in receipt of information relating to the subject matter of this Sample that is confidential or proprietary to a third party, and hence may not be utilized. Accordingly, Sutherland Global Services may be in receipt of relevant information that is not reflected in this Sample.
Š 2013 Sutherland Global Services Inc., All rights reserved. Privileged and confidential information of Sutherland Global Services Inc.
www.sutherlandglobal.com May 15, 2013
2
US: Upstream Oil & Gas Fiscal Regime in the Gulf of Mexico Client • The client is a leading manufacturer of Oil and Natural Gas
Client Ask • The client mandated Sutherland Global Services (SGS) to perform a detailed study of the regulatory regime in the Gulf of Mexico, including: – Overview of the Crude Oil and Natural Gas Exploration and Production – Detailed description of the License Allocation System – Deciphering the Taxation and Allowances applicable for the industry
Sutherland’s Solution • Macroeconomic Overview of the US economy across years, including various important drivers of demand for the US Oil and Gas Production • Detailed description of the Oil & Gas Production industry in the Gulf of Mexico, including important information across years like proved reserves, exports and imports • Detailed description of the License Allocation System, including the Regulator, type of Bond requirements and the Bidding procedure • Detailed description of the Taxation and Allowances applicable to the industry, including: – Direct Taxes: Royalties, Corporate Income Tax, Alternative Minimum Tax (AMT), Bonuses, Withholding Tax – Indirect Taxes: Capital Allowances (Depletion Allowance, Geological and Geophysical Costs, Development Costs) – Other Incentives: Tax Losses, Regional Incentives, Manufacturing Deduction, Research and Development
• Benefits to the Client • Detailed description of various regulatory frameworks on the Oil and Gas industry in the Gulf of Mexico helped the client compute their impact on revenues and take an informed decision about investing in this region
© 2013 Sutherland Global Services Inc., All rights reserved. Privileged and confidential information of Sutherland Global Services Inc.
www.sutherlandglobal.com May 15, 2013
3
US: Upstream Oil & Gas Fiscal Regime in the Gulf of Mexico (Sample) • Sample Output
Source: Sutherland Research
Š 2013 Sutherland Global Services Inc., All rights reserved. Privileged and confidential information of Sutherland Global Services Inc.
www.sutherlandglobal.com May 15, 2013
4
US: Upstream Oil & Gas Fiscal Regime in the Gulf of Mexico (Sample) • Sample Output
Source: Sutherland Research
Š 2013 Sutherland Global Services Inc., All rights reserved. Privileged and confidential information of Sutherland Global Services Inc.
www.sutherlandglobal.com May 15, 2013
5
Thank You
Š 2013 Sutherland Global Services Inc., All rights reserved. Privileged and confidential information of Sutherland Global Services Inc.
www.sutherlandglobal.com May 15, 2013
6