Modeling the Impact of Taxes on Petroleum Exploration and Development

2012 ◽  
Author(s):  
James L. Smith
Keyword(s):  
Petroleum Exploration ◽  
The Impact ◽  
Exploration And Development

THE IMPACT OF RECENT NATIVE TITLE DEVELOPMENTS UPON PETROLEUM EXPLORATION AND PRODUCTION

1998 ◽  
Vol 38 (2) ◽  
pp. 179
Author(s):  
Professor Douglas Williamson
Keyword(s):  
Western Australia ◽  
Petroleum Exploration ◽  
Native Title ◽  
Exploration And Production ◽  
The Impact ◽  
Exploration And Development

Native Title Act 1993 (Cth)—acknowledged defects-proposed amending legislation—right to negotiate process—offshore and onshore exploration and development distinguished—obligations other than under NTA not to interfere unduly with offshore native title rights—onshore right to negotiate process—criteria—availability of expedited procedure to enable proposed activity to proceed—recent decisions limiting practical availability of expedited procedure—Cox and Western Australia and Stirling Resources NL and others (NNTT, 27 October 1997)—proposed amendments to right to negotiate process—importance of amendments to petroleum explorers and developers.

scholarly journals A Cooperative Industry - Government Woodland Caribou Research Program in Northeastern Alberta

Rangifer ◽  
1996 ◽  
Vol 16 (4) ◽  
pp. 181
Author(s):  
Blair Rippin ◽  
Colin Edey ◽  
Daryl Hebert ◽  
Jeff Kneteman
Keyword(s):  
Research Program ◽  
Large Scale ◽  
Forest Harvesting ◽  
Petroleum Exploration ◽  
Woodland Caribou ◽  
Cooperative Research ◽  
Term Survival ◽  
Northeastern Alberta ◽  
The Impact ◽  
Exploration And Development

Rapid development of large scale logging and increasingly intensive petroleum exploration and development in northeastern Alberta prompted the establishment of a cooperative research program to investigate various aspects of woodland caribou (Rangifer tarandus caribou) biology. The ultimate goal of the program is to develop an effective plan that will ensure the long term survival of caribou while allowing for renewable and non-renewable resource development. There are three parts to the program. Part I began early in 1991 and makes use of conventional radio telemetry as a means of recording various parameters of general caribou biology. The study area encompasses approximately 4000 km2 of low relief, boreal mixedwood forest. Preliminary results from 2500 radio locations (involving 50 individuals) indicate that woodland caribou inhabiting the study area are non-migratory and are strongly associated with some of the more scarce peatland forest types present in the area. Investigations to document the basic biology and ecology will continue for another two years. Part II began in early 1993 as a part of a two-year investigation into the disturbance effects of petroleum exploration and development on caribou movements and behaviour. One objective of this study is to develop a predictive model useful in determining the cumulative effects of varying intensities of disturbance on caribou. Part III began in early 1994 with a proposed three-year investigation to determine the mechanism of spatial and temporal separation of caribou and moose in the study area. These relationships may indicate the means by which caribou minimize the impact of wolf predation on their populations in northeastern Alberta. Results will be applied to industrial land use and specifically to large scale forest harvesting planned for the area. The research program is supported through cooperative funding contributed by 24 petroleum companies, 1 forest company, 2 peat companies and the Alberta Departments of Environmental Protection and Energy. The research aspect of the program has been developed and implemented by staff of the University of Alberta, Alberta-Pacific Forest Industries, the Alberta Fish and Wildlife and Forest Services and the Alberta Environmental Centre. The program also incorporates a public information and liaison function. Newsletters, information videos, brochures and public consultation are the means used to accomplish this task.

OFFSHORE PETROLEUM EXPLORATION IN AUSTRALIA ACREAGE BIDDING SYSTEMS: WORK BIDDING OR CASH BIDDING?

2003 ◽  
Vol 43 (1) ◽  
pp. 677
Author(s):  
A.G. Thompson ◽  
V.W.C. Lok
Keyword(s):  
Petroleum Exploration ◽  
Approval Process ◽  
Administrative Discretion ◽  
Administrative Cost ◽  
Natural Justice ◽  
Work Program ◽  
Mixed Regime ◽  
Discretionary Powers ◽  
Exploration And Development ◽  
Offshore Petroleum

The design and efficiency of offshore petroleum acreage bidding systems bear directly on the risk and cost for participants investing in exploration and development projects offshore Australia.Companies, financiers and investors who are interested in investing in petroleum exploration and development activities will find a mixed regime of State and Federal legislation governs such activities in Australia.While the concept of the work program bidding system appears to be sound, the administration of it by the Joint Authorities and Designated Authorities and delegated officers potentially creates many uncertainties for permittees.The approval process is generally a costly and time consuming one under the work program bidding system and its administrative cost diverts funds that otherwise may have been directed to exploration activities.Work program permits are also susceptible to uncertainty and dispute as to whether or not the required work program has been met. Issues of proper or improper exercise of discretionary powers can arise, particularly when wide statutory discretionary powers are in practice circumscribed by Administrative Guidelines.The existence of statutory and administrative discretion requires, in the interests of natural justice, that there be appropriate avenues of appeal for aggrieved permittees. All of the foregoing regulation and cost is removed with cash bid permits. Cash bid permits not only reduce costs for Government but also for industry.The authors are of the view that offering permits by way of the cash bidding system should be reintroduced, with modifications to ensure its efficiency.

ENVIRONMENTAL IMPACT OF SEISMIC OPERATIONS IN THE OTWAY BASIN, SOUTH AUSTRALIA

1994 ◽  
Vol 34 (1) ◽  
pp. 741 ◽  
Author(s):  
M. L. Williams ◽  
A. J. Boulton ◽  
M. Hyde ◽  
A. J. Kinnear ◽  
C. D. Cockshell
Keyword(s):  
Environmental Management ◽  
Environmental Impact ◽  
Vegetation Structure ◽  
South Australia ◽  
Petroleum Exploration ◽  
Seismic Exploration ◽  
Native Vegetation ◽  
Seismic Line ◽  
The Impact ◽  
Seismic Lines

The Department of Mines and Energy, South Australia (DME) contracted Michael Williams and Associates Pty Ltd to audit the environmental management of seismic exploration operations in the South Australian Otway Basin. The audit was carried out in early 1992 and covered petroleum exploration operators and DME environmental management systems. An innovative field sampling technique was developed to compare the environmental impact of two different seismic line clearing techniques. Recovery of native vegetation as measured by vegetation structure was also quantified.The audit found DME to have a dynamic and integrated environmental management system while company systems varied in standard. Wide consultation assisted the audit process.As a result of clearing for agriculture, native vegetation covers only six per cent of the Otway Basin. With the strict limitations to broad-scale vegetation clearance since the mid-1980s and the cessation since 1991, the greatest environmental impact of seismic exploration is the clearance of native vegetation for access by seismic vehicles. Native vegetation structure and associated abiotic variables on seismic lines and adjacent control sites, were subject to a classification and ordination analysis which compared the impact of seismic lines constructed by bulldozer or Hydro-ax (industrial slasher). Post-seismic recovery rates of three different vegetation associations were also determined. This analytical technique permits the effects of seismic line clearance to be compared with the natural variability of specific vegetation associations within a region. In interpreting the results however, there is a confounding effect of line type and year as most of the more recent seismic lines were constructed using a Hydro-ax. Results indicate that Hydro-ax clearing affects vegetation structure less than bulldozing. Most Hydro-ax sites recovered within a few years whereas some sites, bulldozed as early as 1971, particularly tussock grasslands, have not yet recovered.This study provides a significant break-through in the debate about the persistence of seismic impacts on native vegetation. As a rapid preliminary assessment, sampling vegetation structure rather than floristics, provides a cost-effective audit and monitoring technique which can be used by non-specialists in a range of petroleum exploration environments. Any significant structural differences may require more detailed analysis to determine if floristic composition also differed.

LEGAL CONTROLS OVER PETROLEUM EXPLORATION AND DEVELOPMENT OFFSHORE WESTERN AUSTRALIA

1979 ◽  
Vol 19 (1) ◽  
pp. 219
Author(s):  
A.G. Thompson
Keyword(s):  
Western Australia ◽  
The State ◽  
Petroleum Exploration ◽  
State Control ◽  
Mixed Regime ◽  
Environmental Controls ◽  
Petroleum Resources ◽  
Legal Controls ◽  
Exploration And Development ◽  
Offshore Petroleum

Increased petroleum exploration and development activities offshore Western Australia will continue to attract the focus of many companies, contractors and investors who will find that their exploration and development activities and operating practices are controlled by a mixed regime of State and Federal legislation. This mixed regime has its sources in international and constitutional law.Working within these controls is not assisted by the complexity of State and Commonwealth jurisdictional problems in respect to offshore areas. Certain governmental arrangements between the State and the Commonwealth, however, facilitate continued exploration activity offshore, whilst some of the legal issues remain to be resolved. Some guiding principles as to what laws apply offshore and to what extent, are indicated.The consultative arrangements between the State and the Commonwealth under the Offshore Petroleum Code allow for Commonwealth ownership and State control of offshore petroleum resources to co-exist. These are commented upon and the Petroleum (Submerged Lands) Acts are analysed with respect to the nature and security of petroleum titles; the setting, performance and variation of work and monetary obligations; the range of administrative discretion in relation thereto; the transferability of petroleum interests and the rate and calculation of royalties.Directions regulating offshore operations generally and covering exploration, reporting, platforms, pipelines, production and work practices are explained. Some of the environmental controls are also mentioned.

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