PETROLEUM INDUSTRY REFORM IN NIGERIA: SIMULATION ...

Standalone Deepwater Project :
100 MMB Deterministic Model Results
Metric Systems Measures (Nominal$)
Host Govt.
BIT $MM
Contractor Host Govt. AIT
BIT $MM $ MM
Contractor
AIT $MM
Net Present Value @12.5% $ 751.46 $ 777.36 $ 1,065.83 $ 293.40
Internal Rate of Return 40.0% 27.5%
Growth Rate of Return 16.3% 14.3%
Undiscounted Take Statistics 45.1% 54.9% 72.4% 27.6%
Discounted Take Statistics 49.2% 50.8% 78.4% 21.6%
Metric Systems Measures (Real 2010$)
Host Govt.
BIT $MM
Contractor Host Govt. AIT
BIT $MM $ MM
Contractor
AIT $MM
Net Present Value @12.5% $ 573.94 $ 597.06 $ 815.93 $ 220.95
Internal Rate of Return 37.6% 25.7%
Growth Rate of Return 16.1% 14.1%
Undiscounted Take Statistics 44.4% 55.6% 71.7% 28.3%
Discounted Take Statistics 49.0% 51.0% 78.7% 21.3%
OOILEDARE
USAEE 2010, Calgary, Canada
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