scholarly journals Federal Income Taxation of Oil and Gas Operations

1977 ◽  
Vol 15 (3) ◽  
pp. 455
Author(s):  
M. A. Carten
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Income Taxation ◽  
Tax System ◽  
Basic Principles ◽  
Gas Industry ◽  
Business Operations ◽  
Oil And Gas Operations ◽  
Federal Income Tax

In his paper Mr. Carten discusses the Canadian federal income tax system and its application to the oil and gas industry. His principal concern is with those situations in which the taxation of the profits of the industry is not subject to the same basic principles of taxation as are other business operations in Canada.

Recent Developments in the Law of Interest to Oil and Gas Lawyers

1985 ◽  
Vol 24 (1) ◽  
pp. 143
Author(s):  
Robert P. Desbarats ◽  
Lorne W. Carson ◽  
Donald E. Greenfield
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Separate Paper ◽  
Judicial Decisions ◽  
Tax Legislation ◽  
Recent Developments ◽  
Federal Income Tax ◽  
The Subject

The purpose of this paper is to discuss recent developments in the la w which are of interest to lawyers whose practice relates to the oil and gas industry. It deals with both judicial decisions and statutory developments during the last year. Some of the cases discussed do not pertain directly to the oil and gas industry. These cases have been included either because they involve situations analogous to those which occur frequently in the oil and gas business or because they concern principles of law which are applicable to that industry. In order to place some limit on the scope of the paper, only federal and Alberta legislative developments are reported. In addition, we have not discussed federal income tax legislation, which is the subject of a separate paper delivered at this year's conference. The review of the legislation is effective as of May 1, 1985.**

scholarly journals Recent Developments in the Law of Interest to Oil and Gas Lawyers

1987 ◽  
Vol 26 (1) ◽  
pp. 152
Author(s):  
Robert P. Desbarats ◽  
Donald E. Greenfield ◽  
Michael J. Hopkins
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Judicial Decisions ◽  
Tax Legislation ◽  
Recent Developments ◽  
Federal Income Tax ◽  
The Law

The purpose of this paper is to discuss recent developments in the law which are of interest to lawyers whose practices relate to the oil and gas industry. The paper deals with both judicial decisions and statutory developments during the last year. Some of the cases discussed do not pertain directly to the oil and gas industry, but have been included either because they involve situations analogous to those which occur in the oil and gas business or because they concern principles of law which are applicable to that industry. In order to place some limit on the scope of the paper, only federal and Alberta legislative developments are reported. In addition, we have not discussed federal income tax legislation. The review of legislation is effective as of June 1,1987.

scholarly journals Current Developments in Oil & Gas Income Tax Legislation

1975 ◽  
Vol 13 (1) ◽  
pp. 46
Author(s):  
C. A. Rae
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Case Law ◽  
Income Taxation ◽  
Gas Industry ◽  
Tax Legislation ◽  
Resource Industry ◽  
Oil Gas

Federal income taxation is an area of increasing concern to the resource industry. Fhe author deals with current developments in the taxation field as they affect the oil and gas industry. This paper provides general over-view of 1973 and 1974 case law and departmental bulletins, and possible future effects of, and questions concerning, some of the May 6,1974 Budget proposals, as they relate to the oil and gas industry.

scholarly journals Recent Developments in the Law of Interest to Oil and Gas Lawyers

1988 ◽  
Vol 27 (1) ◽  
pp. 124
Author(s):  
R. P. Desbarats ◽  
D. E. Greenfield ◽  
M. J. Hopkins
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Judicial Decisions ◽  
Recent Developments ◽  
Federal Income Tax ◽  
The Law

The purpose of this paper is to discuss recent developments in the law which are of interest to lawyers whose practices relate to the oil and gas industry. This paper deals with both judicial decisions and statutory developments during the last year. Some of the cases discussed do not pertain directly to the oil industry, but have been included either because they involve situations analogous to those which occur in the oil and gas business or because they concern principles of law which are applicable to that industry. In order to place some limit on the scope of this paper, only federal and Alberta legislative developments are reported. In addition federal income tax is not discussed. The review of legislation is effective as of June 1, 1988.

scholarly journals Recent Developments in the Law of Interest to Oil and Gas Lawyers

1986 ◽  
Vol 25 (1) ◽  
pp. 82
Author(s):  
Robert P. Desbarats ◽  
Donald E. Greenfield ◽  
Lorne W. Carson
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Judicial Decisions ◽  
Tax Legislation ◽  
Recent Developments ◽  
Federal Income Tax ◽  
The Law

The purpose of this paper is to discuss recent developments in the law which are of interest to lawyers whose practices relate to the oil and gas industry. The paper deals with both judicial decisions and statutory developments during the last year. Some of the cases discussed do not pertain directly to the oil and gas industry, but have been included either because they involve situations analogous to those which occur in the oil and gas business or because they concern principles of law which are applicable to that industry. In order to place some limit on the scope of the paper, only federal and Alberta legislative developments are reported. In addition, we have not discussed federal income tax legislation. The review of legislation is effective as of April 1,1986.

scholarly journals Current Developments in Oil and Gas Income Taxation

1976 ◽  
Vol 14 (3) ◽  
pp. 383
Author(s):  
John G. McDonald
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Case Law ◽  
Income Taxation ◽  
Gas Industry

Federal income taxation is an area ofincreasing concern to the resource industries. The author deals with current developments in the taxation field as they affect the oil and gas industry. The paper gives general over-view of case law and statutes. The applicable budgets, both Federal and Provincial, are also discussed.

Value Oriented Engineering Solutions for Business Continuity

2021 ◽  
Author(s):  
Jose Luis Delgado Rivera
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Electrical Equipment ◽  
Business Continuity ◽  
Gas Industry ◽  
Holistic View ◽  
Emergency Situations ◽  
Business Operations ◽  
Safety And Reliability ◽  
Major Disruption

Abstract This paper presents a systemic approach using Engineering and analytics methods to avail the fastest and safest responses to recovering business operations after Abqaiq Plants major disruption after the 2019 September 14th incident. This new approach using value and agile engineering, risk management methodologies combined with the business continuity model suggested was successfully applied to recover Abqaiq Plants Operations after catastrophic events occurred. This paper pretends to serve as example about how the business continuity plan should response to a major emergency and how this planning activity could be effectively supported using a Value Oriented Engineering Solutions (VOES). This VOES approach is based on Business continuity framework and adapted for use during emergency situations to generate effective and urgent responses to recover one of the most strategical operations in the Oil and Gas Industry worldwide ahead of the last year significant disruption. VOES approach vastly implemented during Abqaiq Plants Restoration allowed a 100% functional recovery on 9 days, 5 days in advance to the most optimistic scenario. This paper shows a case study implemented for major instrumentation and electrical equipment activities performed in UA Spheroids plant, one of the most affected area and responsible to process the 100% of the Abqaiq Plants Oil Production rate. This paper pretends to contribute with the research and practice on business continuity management. Considering a particular approach to BCM, incorporating value-oriented engineering solutions in the developing of continuity plans; we apply model-based techniques to provide quality assurance in the elaboration process, and to automate the generation/update of a BCP. On the practical side, this study converts Operational, Maintenance, Safety and Reliability perspectives in a holistic view provided from Engineering solutions responsible to generate the guidelines for an agile, effective and realizable recovery plan.

Adaptive Advisory Systems for Oil and Gas Operations

2013 ◽  
pp. 262-284 ◽  
Author(s):  
Andreas Al-Kinani ◽  
Nihal Cakir ◽  
Theresa Baumgartner ◽  
Michael Stundner
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Oil And Gas Operations ◽  
Advisory Systems

This chapter describes a framework that captures knowledge in an organization and applies it in daily operations. Knowledge capturing is one of the biggest upcoming challenges to oil and gas organizations as operations become more remote, more challenging, and many experts are leaving the oil and gas industry. A methodology is described to capture the knowledge of experts centrally and apply it throughout all operations in the organization. Due to the fact that an asset team is facing different constraints and challenges throughout the lifetime of a field, the system needs to gather experience from decisions and learn together with the asset team. Technologies that are flexible enough to process uncertainties are discussed as well as the effect on people, processes, and organization.

scholarly journals Rheological evaluation of local clay samples in central region Ghana for oil well drilling fluid formulation

2018 ◽  
Vol 7 (1) ◽  
pp. 100
Author(s):  
Foster Gomado ◽  
Forson Kobina ◽  
Augustus Owusu Boadi ◽  
Yussif Moro Awelisah
Keyword(s):  
Oil And Gas ◽  
Drilling Fluid ◽  
Oil And Gas Industry ◽  
Drilling Fluids ◽  
Local Clay ◽  
Gas Industry ◽  
Local Content ◽  
Oil And Gas Operations ◽  
Drilling Muds ◽  
Local Materials

The superb rheological features of bentonites makes them an excellent candidate in drilling operations. Its capacity of bentonite to swell and extend to a few times its unique volume gives it the gelling and viscosity controlling quality. The execution of clay or specifical bentonite as a great consistency controlling operator in drilling fluids largely depends on the great extent of its rheological conduct. Ghana as of late found oil and it has tossed a test to research to explore the utilization of local materials in the oil and gas operations. A rheological study was conducted on local clay samples from Ajumako, Saltpond and Winneba in the Central district of Ghana as a viscosifier in drilling muds. This will help to improve the local content of Ghana's oil and gas industry. Drilling muds were prepared from the samples in addition to a control mud using imported non-treated bentonite. The local clay samples were subjected rheological test where the flow behavior of the muds was determined by measuring the gel strength, plastic viscosity, and the yield point. The experimental values were compared to the API standards. It was revealed that the local clay had some potential features of bentonite and could be utilized as controlling operators in drilling fluids provided the clays are beneficiated to enhance their rheological properties. This novel tend to improve the local content in oil and gas industry in Ghana through the deployment of the local materials in oil and gas operations in the nation.

Tax issues impacting acquisitions in the Australian oil and gas industry

2011 ◽  
Vol 51 (2) ◽  
pp. 669
Author(s):  
Chad Dixon
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Investment Decision ◽  
Oil And Gas Industry ◽  
Capital Gains ◽  
Capital Gains Tax ◽  
Gas Industry ◽  
Resource Rent ◽  
Goods And Services ◽  
Petroleum Resource

Understanding the tax implications and structuring options of a transaction is critical when assessing and comparing new opportunities. When undertaking any transaction involving Australian oil and gas assets, the applicable taxation regime should be carefully explored and understood. From an Australian perspective, taxes such as corporate income tax, petroleum resource rent tax, capital gains tax, and goods and services tax have significant potential to influence the investment decision. This presentation will focus on the tax implications applicable to the acquisition and disposal of Australian oil and gas assets, providing valuable insights for both Australian companies and inbound investors.

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