A content-rich Fiscal Regime Library, including PSC, Corporate Income Tax, Royalty Tax, Concession, Service Contract & more
R3 ModelBuilder empowers our users to build their own fiscal regimes model or migrate the current solutions from conventional sources, such as Excel.
Organizations need a solution that not only generates production and cash flows using a basic flow chart, but one that can adapt to a specific set of conditions. R3 can provide the tools required to be successful, even when those conditions change over time.
Multiple Outputs
Create your own fiscal model or edit from our library to meet the appraisal workflow.
Concession to PSC to LLA
Easily switching evaluation models during the project life with Multi-model function.
Create your own KPIs
Not only economics but also other user-defined KPIs across the whole project.
R3+ MODEL BUILDER
Product Features
THE R3 MODEL BUILDER
International contracts are for a specific area controlled by a country and represent the terms and conditions to be met upon signing. There are several contract types being used today that are provided by R3 and data contract can have a variety of ways to divide the production and revenue.
International contracts are for a specific area, controlled by a country, and represent the terms and conditions to be met upon signing. There are several contract types being used today that are provided by R3 such as Royalty Tax, Production Sharing Contracts and Concessions as well as Operation Agreements.
Each contract can have a variety of ways to divide the production and revenue. There are Royalty Splits, Cost Recovery, Domestic Market Obligations, Profit Sharing, Local and Federal Taxes.
R3 has a multitude of models designed for contract conditions most frequently used, within many countries. This includes over 77 country models.
Model components are stored procedures that are applied in the flow chart for each asset. They are not defined cell-by-cell.
MULTI-MODEL
Some projects need to switch the fiscal regimes to justify the cost and risk, and it could be challenging for calculating the reserves and economics for each parties. Multi-model function enables users to set-up a one-time template for fiscal regimes changes - including how it's triggered during the whole economical life.
THE WORKFLOW
Model components are stored procedures that are applied in the flow chart for each asset. They are not defined cell-by-cell. The calculations are used by each asset, every time, as the code is implemented. They are not hidden from view. ModelBuilder displays the calculation components in a model as a flow chart, and the system components are included in a tree structure. These models and components exist in external files for transfer from one user to the another.
FISCAL REGIMES LIBRARY
Some projects need to switch the fiscal regimes to justify the cost and risk, and it could be challenging for calculating the reserves and economics for each parties. Multi-model function enables users to set-up a one-time template for fiscal regimes changes - including how it's triggered during the whole economical life.
Fiscal Regimes Types includes PSCs/PSAs, Risk Service, Concession, Corporate Income Tax(CIT), Royalties,
Late Life Assets(LLAs), Small Field Assets(SFAs)
READ OUR BROCHURE
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Model Builder
R3+ Model Builder empowers our users to build their own fiscal regimes model or migrate the current solutions from conventional sources, such as Excel. A content-rich Fiscal Regime library, including PSC, Corporate Income Tax, Royalty Tax, concession, service contract and more. SEE MORE
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