Review of the key Fiscal and Business Indicators for Upstream Petroleum Industry

Authors

Ibrahim Salahudin Mohamed, Hamid Mohamed Khattab, Said Kamel Elsayed, Shady Galal El-Rammah, 
Petroleum Engineering Department, Faculty of Petroleum and Mining engineering, Suez University, Egypt.
Mohsen Gad Elkareem El-Noby
Future University in Egypt.

Abstract

In this paper, the key fiscal elements of upstream petroleum agreements will be presented in detail. Besides the key business indicators that are used to determine the best investment opportunity for both government and the foreign oil and gas companies will be investigated. These indicators include but are not limited to net cash flow (NCF); net present value (NPV); internal rate of return (IRR) and payback period.