Market Research Logo

New Zealand Upstream Fiscal and Regulatory Report - Fiscal Regime Likely to Remain Stable Despite Reduced Industry Interest

New Zealand Upstream Fiscal and Regulatory Report - Fiscal Regime Likely to Remain Stable Despite Reduced Industry Interest

Summary

“New Zealand Upstream Fiscal and Regulatory Report - Fiscal Regime Likely to Remain Stable Despite Reduced Industry Interest”, presents the essential information relating to the terms which govern investment into New Zealand’s upstream oil and gas sector. The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state’s take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for New Zealand’s upstream oil and gas investment climate.

Scope

  • Overview of current fiscal terms governing upstream oil and gas operations in New Zealand
  • Assessment of the current fiscal regime’s state take and attractiveness to investors
  • Charts illustrating the regime structure, and legal and institutional frameworks
  • Detail on legal framework and governing bodies administering the industry
  • Levels of upfront payments and taxation applicable to oil and gas production
  • Information on application of fiscal and regulatory terms to specific licenses
  • Outlook on future of fiscal and regulatory terms in New Zealand
Reasons to buy
  • Understand the complex regulations and contractual requirements applicable to New Zealand’s upstream oil and gas sector
  • Evaluate factors determining profit levels in the industry
  • Identify potential regulatory issues facing investors in the country’s upstream sector
  • Utilize considered insight on future trends to inform decision-making


  • Regime Overview
    • Table Summary
    • Table Figure 1: Regime Flow Chart
  • Fiscal Take Assessment
    • Table Figure 2: New Zealand, Indicative NPV10/boe, IRR and State Take Comparison - Regional, 2015
  • Key Fiscal Terms
    • Royalties
      • Table New Zealand, Royalty Rates, 2016
    • Annual Permit Fees
      • Table New Zealand, Annual Permit Fees, 2016
    • Energy and Resources Levy (gas fields discovered prior to 1986)
    • Direct Taxation
      • Corporate Income Tax
        • Table New Zealand, Historical Corporate Income Tax Rates
      • Deductions and Depreciation
        • Table New Zealand, Depreciation Rates, 2015
      • Withholding Tax
      • Goods and Services Tax
    • Emissions Trading Scheme
  • Regulation and Licensing
    • Legal Framework
      • Table Figure 3: New Zealand, Legal Framework
      • Governing Law
      • Contract Type
      • Title to Hydrocarbons
    • Institutional Framework
      • Table Figure 4: New Zealand, Institutional Framework
      • Licensing Authority
      • Regulatory Agency
    • Licensing Process
      • Licensing Rounds
      • Bidding
        • Table New Zealand, Permit Application Fees, 2015
      • Evaluation
        • Table New Zealand, Work Program Assessment Marking Scheme - Technical Understanding, Block Offer 2016
        • Table New Zealand, Work Program Assessment Marking Scheme - Proposed Exploration Work, Block Offer 2016
    • License Terms
      • Duration
      • Obligations
        • Table New Zealand, 2016 Block Offer Minimum Work Programs
  • Outlook
  • Contact Information

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report