03623nas|a2200409 i 4500 20260818160109.0 271198s1989 th uzm rtt 00| a1eng d .b1045942x AIT RSPR no. ET-89-5 Kesara Tirasoontrakul National petroleum exploration policy : issues and choices : the case of Thailand Bangkok : Asian Institute of Technology, 1989 125 p. Research studies project report ; no. ET-89-5 A research study submitted in partial fulfillment of the requirements for the degree of Master of Engineering, School of Environment, Resources and Development Research Studies Project Report (M. Eng.) - Asian Institute of Technology, 1989 The basic question in petroleum exploration and production seems t o be whether, geologically s peaking , there are oil deposits or not . In reality, this plays less of a role than one would expect : Once it is established t hat petroleum can be found, much of what happens successively is a matter of negotiating and pricing. Typically, there are two parties involved in this process, viz an exploration and production company (supplying the khow-how and hardware ) and t he government granting t he concession. Much of t he :interaction between the t wo is over he sharing of risk. The study, subsequent l y, :is in two parts . Part I takes stock of the past experience and current status of petroleum exploration and production in Thailand. It further analyzes the bargaining situation bet ween companies and governments in more abstract terms . Finally , it identifies major issues in decision- making at company and government levels, which reflect geological expectations (such as fie l d size , drilling efforts required , e t c ) and economic considerations (profitability) of the venture. Part II is devoted to some quantitative work. In particular , .it addresses the question how a government should f or malate .it s .incentive scheme - or fiscal regime - to assure both maximum production and a fair share in profits made. For t he case of Thailand , it shows that Fiscal Regime III seems better suited than .its predecessors to achieve t his goal. Results are obtained by successive formulation of scenarios varying fiscal terms for various geological and cost assumptions. Petroleum industry and trade Thailand Codoni, Rene, Chairperson Tang, John C.S., Examination Committee Surapong Chiraratananon, Examination Committee Government of Japan, Scholarship Donor Asian Institute of Technology. Research studies project report ; no. ET-89-5 Full-Text http://203.159.5.9/ait-thesis/detail.php?q=B17795 .b1045942x mnait y 240402 2 951012 m a y 0 mnait mnait mnarc 20 40 Barcode : 30050003123675 CREATED : 1995-10-15 RECORD # : i1057539x LPATRON : 0 LCHKIN : - # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 0 TOT RENEW : 0 Barcode : 30050003123667 CREATED : 1995-10-15 RECORD # : i10575406 LPATRON : 1011475 LCHKIN : 2000-07-28 # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 1 TOT RENEW : 1 Barcode : 30050160015789 CREATED : 2016-01-04 RECORD # : i12917552 LPATRON : 0 LCHKIN : - # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 0 TOT RENEW : 0 79770 79770 0 0 0 0 MAIN MAIN mnait 2026-08-18 0 AIT RSPR no. ET-89-5 30050003123675 2026-08-18 16:01:09 1 2026-08-18 20 0 0 0 0 MAIN MAIN mnait 2026-08-18 0 AIT RSPR no. ET-89-5 30050003123667 2026-08-18 16:01:09 2 2026-08-18 20 0 0 0 0 MAIN MAIN mnarc 2026-08-18 0 AIT RSPR no. ET-89-5 30050160015789 2026-08-18 16:01:09 2026-08-18 40