Provincial Rates

Below is the table that summarizes all the financial parameters for each province. You should download the PDF and have it handy for building your spreadsheet and preparing your bids.

EAST TEXAS 10% RR w/S 12% Tax Rate 28% CCE Rate $50,000 AC	MAMONTOVSKOYE 26% RR w/S 46% Tax Rate 10% CCE Rate $200,000 AC	PEMBINA 30% RR w/S 18% Tax Rate 24% CCE Rate $500,000 AC
BOLIVAR 40% RR 38% Tax Rate 18% CCE Rate $50,000 AC	HASSI MESSAOUD 14% RR 28% Tax Rate 16% CCE Rate $200,000 AC	GHAWAR 6% RR 22% Tax Rate 36% CCE Rate $500,000 AC
DAQING 20% RR 14%/42% Tax Rate 32% CCE Rate $50,000 AC	CHICONTEPEC 18% RR 4%/24% Tax Rate 44% CCE Rate $200,000 AC	STATFJORD 34% RR 10%/50% Tax Rate 6% CCE Rate $500,000 AC

Legend
RR RR w/S AC	Royalty Rate Royalty Rate with Stripper Abandonment Cost
Investor Friendly Provinces
Investor Unfriendly Provinces
Stripper Well Royalty Discount	Top Row
High Synergy Operations	Middle Row
Tiered Taxes	Bottom Row
Low Abandonment Costs	Left Column
Moderate Abandonment Costs	Middle Column
High Abandonment Costs	Right Column

Click here to download this chart as a PDF

When selecting oil rights for auction, the OilFinancier program will select provinces on a somewhat random basis. However the program will favor those provinces that are earning more revenue from royalties and taxes. In other words, if the program is obviously favoring a few provinces, it is because these provinces are investing their oil money into their society. This investment will include a better social and transportation infrastructure, which owners of wells in this province can use for profits.

In other words, if it seems that a few provinces seem to be dominating the public auctions, that trend is likely to continue.