Profit Oil
The share of production remaining after the Cost Oil and, if applicable, Royalty and First Tranche oil, have been paid. The Profit Oil is shared between the Government and the Operator on a fixed (65:35 %) or sliding scale.
The share of production remaining after the Cost Oil and, if applicable, Royalty and First Tranche oil, have been paid. The Profit Oil is shared between the Government and the Operator on a fixed (65:35 %) or sliding scale.
