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Vol. 11, No. 12 Week of March 19, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Tax impacts on exploration, production differ

Econ One looks at likely impacts on different activities from proposed State of Alaska tax/credit rates of 20/20 and 20/25

Kristen Nelson

Petroleum News

Impacts of the governorís proposed production profits tax could be different on explorers than on producers, economists representing Econ One Research told legislators March 13. At low oil prices, for example, a 25 percent profits tax and a 20 percent credit rate helps companies that are exploring....

    [additional news subjects in this story]

How an explorer looks at prospects

One in six chance of finding oil

Majority in known fields

EIA forecast used for some work

Consultant: $40 likely company base case

Oil price forecasts


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