{"product_id":"oil-and-gas-contracts-for-finance-professionals-a-practical-guide-to-contract-risk-cost-recovery-revenue-tax-and-financial-reporting-9798198860612","title":"Oil and Gas Contracts for Finance Professionals: A Practical Guide to Contract Risk, Cost Recovery, Revenue, Tax, and Financial Reporting","description":"\u003cp\u003e • Author(s): Alessio Faccia\u003cbr\u003e • Publisher: Independently Published\u003cbr\u003e • Publisher Imprint: Independently Published\u003cbr\u003e • BISAC: Industries - Natural Resource Extraction\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eOil and Gas Contracts for Finance Professionals is a practical guide for accountants, finance managers, auditors, analysts, tax professionals, project finance teams, consultants, and executives who need to understand how oil and gas contracts affect cash flow, revenue, cost recovery, taxation, risk, audit evidence, and financial reporting.\u003c\/p\u003e\u003cp\u003eOil and gas agreements are often treated as legal documents, yet their financial effect is much wider. A single clause in a concession agreement, production sharing contract, joint operating agreement, LNG sale and purchase agreement, pipeline transportation contract, tolling agreement, or offtake contract may change revenue timing, partner funding, tax exposure, capital expenditure treatment, credit risk, decommissioning liabilities, and reported profit.\u003c\/p\u003e\u003cp\u003eThis book translates oil and gas contract language into practical financial meaning.\u003c\/p\u003e\u003cp\u003eReaders will learn how contracts shape the economics of exploration, appraisal, development, production, transportation, processing, LNG, refining, trading, and product sales. The book explains core oil and gas contract structures, including concessions, licence arrangements, production sharing contracts, joint operating agreements, farm-in and farm-out agreements, unitisation, pipeline agreements, storage and terminal contracts, crude oil supply contracts, refined product contracts, LNG SPAs, tolling, refining, and offtake agreements.\u003c\/p\u003e\u003cp\u003eThe focus stays on the finance function. Each chapter asks the same practical question: how does the contract change the numbers?\u003c\/p\u003e\u003cp\u003eThe book explains how gross production becomes entitlement production, how entitlement becomes sales, how sales become cash, and how cash is reduced through royalties, taxes, tariffs, partner shares, cost recovery limits, financing costs, guarantees, and abandonment obligations. It also explains why production does not automatically equal revenue, why accounting costs do not always equal recoverable costs, and why contract wording must support revenue recognition, tax positions, financial models, and audit conclusions.\u003c\/p\u003e\u003cp\u003eFinance professionals will find practical treatment of: \u003c\/p\u003e\u003cp\u003eOil and gas value chain economics\u003cbr\u003ePetroleum rights, concessions, and licences\u003cbr\u003eProduction sharing contracts and cost oil\u003cbr\u003eProfit petroleum, government take, and fiscal terms\u003cbr\u003eJoint operating agreements and partner cash calls\u003cbr\u003eFarm-in, farm-out, and carried interest arrangements\u003cbr\u003eUnitisation and field development structures\u003cbr\u003ePipeline, storage, processing, and terminal agreements\u003cbr\u003eLNG sale and purchase agreements\u003cbr\u003eCrude oil and refined product supply contracts\u003cbr\u003eTolling, refining, and offtake contracts\u003cbr\u003eRevenue recognition and pricing mechanisms\u003cbr\u003eCost recovery, cost sharing, and capital expenditure\u003cbr\u003eRoyalties, taxes, bonuses, and state participation\u003cbr\u003eHedging, price risk, credit risk, and guarantees\u003cbr\u003eContract review, financial modelling, audit, and reporting\u003c\/p\u003e\u003cp\u003eThe book is written for professionals who need contract literacy without becoming lawyers or petroleum engineers. It gives finance teams the language, logic, and control mindset needed to read oil and gas agreements with financial discipline.\u003c\/p\u003e\u003cp\u003eOil and gas contracts decide who pays, who receives value, who bears loss, who funds capital expenditure, who recovers costs, who reports revenue, who carries tax exposure, and who remains liable after production ends. Poor reading leads to unrecovered costs, weak credit protection, tax errors, missed deadlines, incorrect accounting, and distorted project valuation.\u003c\/p\u003e\u003cp\u003eA finance professional who understands oil and gas contracts sees risk earlier, builds stronger models, challenges weak assumptions, supports audit readiness, and gives management clearer numbers.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e","brand":"Independently Published","offers":[{"title":"Paperback","offer_id":47890066014359,"sku":"9798198860612","price":3068.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9798198860612.webp?v=1781178715","url":"https:\/\/atlanticbooks.com\/products\/oil-and-gas-contracts-for-finance-professionals-a-practical-guide-to-contract-risk-cost-recovery-revenue-tax-and-financial-reporting-9798198860612","provider":"Atlantic Books","version":"1.0","type":"link"}