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Fiscal Service product overview
Fiscal Service product overview

Overview of Fiscal Service

Nicholas Williams avatar
Written by Nicholas Williams
Updated over 11 months ago

What is the Fiscal Service?

The Fiscal Service lets you quickly review existing fiscal terms by country as well as benchmark fiscal regimes globally on standardised metrics including government share.
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What does the Fiscal Service Cover?

This service provides you with precise data to assess and benchmark global fiscal systems for over 150 countries and gain insight into global fiscal events and emerging trends. It offers a quick benchmarking of fiscal systems, mechanisms, rates, and historic fiscal changes.

What are the deliverables of the Fiscal Service?

  • Fiscal Benchmarking Tool – this enables you to compare multiple metrics using standardised field profiles, including government share across multiple price and cost scenarios

  • Fiscal regime summaries for around 150 countries

  • Upstream Fiscal systems in brief - covering the latest stories and trends in upstream petroleum fiscal systems, across four main themes:

    • β€’ fiscal disruption (changes to fiscal terms for existing assets); fiscal evolution (changes that only affect the fiscal terms of new licences); ongoing discussions (details and implications of ongoing fiscal debates); biddable terms (where the fiscal terms are part of the competitive bidding process)

  • Upstream Competitiveness Index - identifies countries offering the best fiscal terms relative to their exploration potential and informs upstream investment decisions

  • Global fiscal terms database with each country's latest terms and analysis of fiscal changes over time

How often is the content updated?

The Fiscal Benchmarking Tool is updated quarterly, with the field assumptions used in the tool being reviewed once a year. Fiscal reports are updated as changes occur to our fiscal systems.


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