Merak Fiscal Model Library is a world-class collection of standardized fiscal models that supports accurate economic results. The library contains more than 219 models, covering most petroleum-producing countries. These customizable models can be used with the Peep module in Merak planning, risk, and reserves software.
Merak Fiscal Model Library is available through an annual subscription, and custom fiscal model solutions are available through a custom license. The easy installation format enables direct loading to machines with the Peep module in Merak software and any current Merak Fiscal Model Library models and add-ins.
The Merak Fiscal Model Library 2019.3 release includes the following new model:
This new model is released based on accordance to the 2017 Hydrocarbon Exploration & Licensing Policy (HELP). HELP provides a uniform licensing system to cover all hydrocarbons such as oil, gas, coalbed methane, and shell oil and gas. The highlights of the bill are as follows:
The Merak Fiscal Model Library 2019.3 release includes the following fiscal updates to models: