Graham Kellas Email & Phone Number

London, United Kingdom

London, United Kingdom

~designed and wrote multi-client studies comparing the impact of fiscal terms on the economic attractiveness of investment in oil and gas projects in over 100 countries~ reports are referred to extensively by governments, IOCs and NOCs when developing exploration strategies and/or negotiating appropriate fiscal terms~Consulting: Governments/NOCs~lead adviser on upstream fiscal policy to the governments of Newfoundland & Labrador, Nigeria and the Nigeria-Sao Tome Joint Development Authority~Consulting: Energy companies~ adviser to the Nigerian and UK oil producers' associations on fiscal issues~ provided analysis of the mechanisms of different fiscal terms to many energy companies, including advice for proactive approach to host governments~ conducted numerous evaluations of upstream and midstream oil and gas projects for various companies as part of acquisition and farm-in/out transactions, planning exercises, independent third party valuations for tax authorities and 'full cycle' economics comparisons~ Other responsibilities~managed the preparation of marketing material and development of 'best practice' guidelines for upstream, downstream, gas and power consulting teams involved in 'Government Related Advisory' consulting activities~major participant in the development and delivery of the company's petroleum economics and fiscal training course~regularly involved in updating the company's fiscal models -personally modelled over 100 countries' fiscal terms in Excel models - and assisting research analysts on commercial issues~regular speaker at industry conferences and author of articles on global fiscal issues~active member of AIPN

developed "Petroleum Economics and Policy Solutions (PEPS)" service, integrating a number of existing services covering fiscal analysis, exploration and production statistics, environmental legislation, political risk analysis and transactions valuationsdeveloped and wrote the "Review of Petroleum Fiscal Regimes", the first publicly available and regularly updated ranking of global fiscal regimes (1994 and thereafter)lead consultant on fiscal advisory assignments for governments of China, Colombia, UK, Namibia, Senegal, Mozambique, and Sloveniaconducted numerous evaluations of upstream oil and gas projects for various energy companies as part of acquisition and farm-in/out transactions and planning exercises

built fiscal/economics models using FCS and Lotus spreadsheet software to evaluate oil and gas assets for purposes of licence round bids, asset and corporate acquisitions, farm-in/out deals and internal planning exercisesresponsibilities included analysis of results and providing investment recommendations, often at board level

worked for Professor Alex Kemp on various topics relating to impact of fiscal terms on oil and gas investment in the North Searesponsible for developing computerised financial models in Fortran code, including fiscal terms and Monte Carlo statistical routines, producing and organising outputco-author of several academic papers with Professor Kemp

M Litt; Ma (Hons), Economics

Activities and Societies: Thesis: 'Economics of Oil Field Abandonment in the UKCS'

Education record