Oil Companies Will Have to Pay Up to 1% to Landowners Where Oil and Natural Gas Exploration Activities Are Conducted

Written by Flavia Marinho

Published on 25/08/2022 at 15:10

Campo terrestre de exploração de petróleo e gás natural – Imagem UOL

Be the first to react!

ANP Approves Resolution Determining Payment of Up to 1% to Landowners Where Oil and Natural Gas Exploration Activities Are Carried Out

The ANP Board informed this afternoon (08/25) that it approved the resolution addressing the revision of ANP Ordinance No. 143/1998, which regulates the procedures related to the verification and payment to landowners regarding oil and natural gas exploration and production activities conducted by oil companies.

According to ANP, the payment to landowners is a financial compensation owed by the companies engaged in oil and natural gas exploration and production to the landowners of the areas where these activities are conducted. This payment is made monthly.

The Agency informs that, with the new resolution, the current standard rate of 1% on gross production revenue will be flexible, varying between 0.5% and 1%. This change will only take effect for new bidding processes, not affecting currently producing fields and existing landowners.

ARTICLE CONTINUES BELOW

Oil Companies Will Have to Pay Between 0.5% and 1% of the Production of Oil and Natural Gas to Landowners

The ANP Ordinance No. 143/1998 regulated the procedures related to the calculation and payment of this participation owed to third parties, and determined, as a general rule, the application of the 1% rate for payment to landowners, allowing as an exception the rate of 0.5% for the cases: (1) marginal fields; and (2) field-school projects.

Since 2020, ANP has started studies on possible changes to these rules, conducting a Regulatory Impact Analysis (RIA) aimed at identifying the regulatory problem, the affected economic agents, legal foundation, objectives to be achieved, and identifying and evaluating regulatory alternatives.

As a result of the RIA, it was verified the relevance of reviewing ANP Ordinance No. 143/1998, in order to flexibilize the definition of the rate of payment due to landowners according to Law 9,478/1997 and standardize currently omitted points. The draft resolution also underwent a 45-day public consultation and public hearing.

ANP stated in the announcement that specific improvements were also made to the regulation to provide greater legal certainty for concessionaires and landowners.

“The resolution will take effect after its publication in the Official Gazette of the Union,” concluded ANP.

Oil Companies Will Have to Pay Up to 1% to Landowners Where Oil and Natural Gas Exploration Activities Are Conducted

ANP Approves Resolution Determining Payment of Up to 1% to Landowners Where Oil and Natural Gas Exploration Activities Are Carried Out

Oil Companies Will Have to Pay Between 0.5% and 1% of the Production of Oil and Natural Gas to Landowners

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

The almost empty “city” of Greenland, which defies urban logic, covers about 531,000 km², has few inhabitants, and looks more like a frozen territory than a traditional metropolis.

For the first time, scientists created a “time crystal” visible to the naked eye using liquid crystals and blue light, paving the way for new technology.

Take a free technical course at the Federal Institute and receive a scholarship of R$ 1,425.97 in partnership with the multinational XCMG; there are 45 open positions for Mechanical Technician at IFSULDEMINAS with the right to a formal employment contract.

The Brazilian watch that NASA chose for the wrists of the four Artemis II astronauts around the Moon — and the company that beat global competition is located in São Paulo.

Armed ships, uncrewed and operating in dangerous locations: how the US ghost ship fleet transforms commercial vessels into autonomous machines of up to 2,000 tons for dangerous missions without putting crews on the front line.

Oil Companies Will Have to Pay Up to 1% to Landowners Where Oil and Natural Gas Exploration Activities Are Conducted

ANP Approves Resolution Determining Payment of Up to 1% to Landowners Where Oil and Natural Gas Exploration Activities Are Carried Out

Oil Companies Will Have to Pay Between 0.5% and 1% of the Production of Oil and Natural Gas to Landowners

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

Oil moves trillions worldwide, dominates energy generation, and continues to be a strategic resource for major global powers.

United States intercepts six Iranian vessels in the Strait of Hormuz and April ceasefire is once again threatened

Venezuela sits on almost 20% of the planet’s proven oil, but exploring the Orinoco Belt could turn the world’s largest reserve into a climate, environmental, and industrial problem.

Petrobras approved the final investment decision for SEAP I (Sergipe Deep Waters), opening a new production frontier in the Northeast: Total investment for the two modules (SEAP I + SEAP II) exceeds R$ 60 billion, with an estimated production of more than 1 billion barrels of oil equivalent.

Oil continues to fall as negotiations advance between the United States and Iran and the expectation of greater global geopolitical stability.

The almost empty “city” of Greenland, which defies urban logic, covers about 531,000 km², has few inhabitants, and looks more like a frozen territory than a traditional metropolis.

For the first time, scientists created a “time crystal” visible to the naked eye using liquid crystals and blue light, paving the way for new technology.

Take a free technical course at the Federal Institute and receive a scholarship of R$ 1,425.97 in partnership with the multinational XCMG; there are 45 open positions for Mechanical Technician at IFSULDEMINAS with the right to a formal employment contract.

The Brazilian watch that NASA chose for the wrists of the four Artemis II astronauts around the Moon — and the company that beat global competition is located in São Paulo.

Armed ships, uncrewed and operating in dangerous locations: how the US ghost ship fleet transforms commercial vessels into autonomous machines of up to 2,000 tons for dangerous missions without putting crews on the front line.