Last checked at 13 Jun 2023 07:00
Kosmos Energy Ltd
Report on payments to government for the year 2022
Introduction
Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2022 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as amended in December 2015) (the Regulations).
Payments to Governments (USD) 1 | ||||||
Equatorial Guinea | Ghana | Mauritania | São Toméand Príncipe | Senegal | United States | |
Income Taxes 2 | $ 35,990,000 | $ 203,344,000 | $ - | $ - | $ - | $ 8,555,000 |
Royalties (BOE) 3 | 527,000 | 696,000 | - | - | - | 1,003,000 |
Royalties ($s) 4 | $ 53,396,000 | $ 70,519,000 | $ - | $ - | $ - | $ 88,102,000 |
Dividends | $ - | $ - | $ - | $ - | $ - | $ - |
Bonuses 5 | $ - | $ - | $ - | $ - | $ - | $ 798,000 |
License Fees 6 | $ 35,000 | $ 26,000 | $ - | $ - | $ - | $ 2,030,000 |
Infrastructure Improvement | $ - | $ - | $ - | $ - | $ - | $ - |
Total | $ 89,421,000 | $ 273,889,000 | $ - | $ - | $ - | $ 99,485,000 |
FOOTNOTES
1 Government includes any national, regional, or local authority of a country, and includes a department, agency or entity that is a subsidiary of a government, including a national oil company.
2 Income taxes - Inclusive of tax refunds received. This is based on taxes assessed on income.
3 Royalties - Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of Kosmos Energy's working interest share of production and as reported by the third-party operator. United States royalties are payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore-------- federal leases.
4 Royalties - The value of royalties for Equatorial Guinea and Ghana are estimated based on the annual average of daily Brent prices of $101.32 during 2022. United States royalties are actual payments to the United States ONRR.
5 Bonuses - Payments made to the federal government when acquiring offshore leases.
6 License Fees - Payments made primarily to the federal government for annual rentals and applications for permits.
Introduction - Supplemental Information
In addition to the above Payments to Governments, Kosmos Energy Ltd. has prepared the following supplemental information for the year ended 31 December 2022.
Payments to Governments (USD) - Supplemental Information | ||||||
Equatorial Guinea | Ghana | Mauritania | São Toméand Príncipe | Senegal | United States | |
Supplementary Disclosures | ||||||
Production Entitlements (bbls) 1 | 655,000 | - | - | - | - | - |
Estimated Production Entitlements ($s) 1 | $ 66,365,000 | $ - | $ - | $ - | $ - | $ - |
Envt, Capacity Building & Social Projects 3 | $ 9,000 | $ - | $ 275,000 | $ - | $ 26,000 | $ - |
Training 3 | $ 695,000 | $ - - | $ - | $ - | $ - | $ - |
Taxes (Non-Income) 2 4 | $ 209,000 | $ 8,124,000 | $ 536,000 | $ 39,000 | $ 592,000 | $ 5,925,000 |
FOOTNOTES
1 Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest. The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea. The value of the production entitlements disclosed above are based on the annual average of daily Brent prices of $101.32 during 2022. These figures exclude 15.594 Bscf of associated Jubilee and TEN sold to GNPC during the year.
2 Inclusive of any tax refunds received.
3 Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable. In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $8,600 in São Tomé and Príncipe.
4 Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States. These values are exclusive of withholding or similar taxes remitted on behalf of service providers.
Payments to Governments - Receiving Entity-Level Disclosures 1 | ||||||
Production Entitlements (bbls) 2 | Estimated Production Entitlements ($s) 2 | Income Taxes 3 | Royalties (BOE) 2 | Royalties ($s) 2 | Dividends | |
Ministry of Mines and Hydrocarbons | 655,000 | 66,365,000 | - | 527,000 | 53,396,000 | - |
Tresoreria General Del Estado | - | - | 35,990,000 | - | - | - |
Instituto Nacional de Seguridad Social de Guinea Ecuatorial | - | - | - | - | - | - |
Fondo de Formacion del Ministerio de Minas e | - | - | - | - | - | - |
Excmo Ayuntamiento de Malabo | - | - | - | - | - | - |
Tresor Public De Guinee Equatoriale Depots | - | - | - | - | - | - |
Various | - | - | - | - | - | - |
Total Equatorial Guinea | 655,000 | $ 66,365,000 | $ 35,990,000 | 527,000 | $ 53,396,000 | $ - |
Government of Republic of Ghana | - | - | - | 696,000 | 70,519,000 | - |
Petroleum Commission of Ghana | - | - | - | - | - | - |
Registrar General Department | ||||||
Social Security & Nat'l Insura | - | - | - | - | - | - |
Ghana Revenue Authority | - | - | 203,344,000 | - | - | - |
Electricity Company of Ghana | - | - | - | - | - | - |
Total Ghana | - | $ - | $ 203,344,000 | 696,000 | $ 70,519,000 | $ - |
Caisse Nationale D'Assuramce Maladie | - | - | - | - | - | - |
Caisse Nationale De Securite Sociale | - | - | - | - | - | - |
Tresorier General | - | - | - | - | - | - |
Commissariat à la Sécurité Alimentaire | - | - | - | - | - | - |
Various | - | - | - | - | - | - |
Total Mauritania | - | $ - | $ - | - | $ - | $ - |
INSS - Instituto Nacional De Seguranca Social | - | - | - | - | - | - |
Tesouro Publico | - | - | - | - | - | - |
Direcao Geral Das Alfandegas | - | - | - | - | - | - |
Total São Tomé and Príncipe | - | $ - | $ - | - | $ - | $ - |
Chef du Bureau de Recouvrement | - | - | - | - | - | - |
Senegal Retirement | - | - | - | - | - | - |
Senegal Social Security | - | - | - | - | - | - |
Parc National des Oiseaux du Djoudj | - | - | - | - | - | - |
Total Senegal | - | $ - | $ - | - | $ - | $ - |
ONRR | - | - | - | 1,003,000 | 88,102,000 | - |
Internal Revenue Service | - | - | 8,395,000 | - | - | - |
Various | - | - | 160,000 | - | - | - |
Total United States of America | - | $ - | $ 8,555,000 | 1,003,000 | $ 88,102,000 | $ - |
Total | 655,000 | $ 66,365,000 | $ 247,889,000 | 2,226,000 | $ 212,017,000 | $ - |
FOOTNOTES
Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2022 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as- amended in December 2015) (the Regulations). Kosmos Energy has also included supplementary disclosures of payments to governments in addition to those prescribed by the Regulations. Please see the footnotes below for further detail on the payments we made to our host country governments in 2022.
1 Our summary, project-level and receiving-entity level payments to government disclosures are also available on our website at www.kosmosenergy.com/transparency.
2 Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest. The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea. Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of Kosmos Energy's working interest share of production and as reported by the third-party operator. These figures exclude 15.594 Bscf of associated Jubilee and TEN sold to GNPC during the year. The value of the international royalties and production entitlements disclosed above are based on the annual average of daily Brent prices of $101.32 during 2022. United States royalties are actual payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.
3 Inclusive of tax refunds received. This is based on taxes assessed on income.
4 Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable. In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $8,600 in São Tomé and Príncipe.
5 Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States. These values are exclusive of withholding or similar taxes remitted on behalf of service providers.
Payments to Governments - Receiving Entity-Level Disclosures 1 | |||||||
Bonuses | License Fees | Infrastructure Improvement | Environment, Capacity Building & Social Projects 4 | Training 4 | Taxes(Non-Income) 5 | TOTAL | |
Ministry of Mines and Hydrocarbons | - | - | - | 2,000 | 281,000 | - | $ 120,044,000 |
Tresoreria General Del Estado | - | 35,000 | - | - | - | 135,000 | $ 36,160,000 |
Instituto Nacional de Seguridad Social de Guinea Ecuatorial | - | - | - | - | - | 61,000 | $ 61,000 |
Fondo de Formacion del Ministerio de Minas e | - | - | - | - | 414,000 | - | $ 414,000 |
Excmo Ayuntamiento de Malabo | - | - | - | - | - | 13,000 | $ 13,000 |
Tresor Public De Guinee Equatoriale Depots | - | - | - | - | - | - | $ - |
Various | - | - | - | 7,000 | - | - | $ 7,000 |
Total Equatorial Guinea | $ - | $ 35,000 | $ - | $ 9,000 | $ 695,000 | $ 209,000 | $ 156,699,000 |
Government of Republic of Ghana | - | - | - | - | - | - | $ 70,519,000 |
Petroleum Commission of Ghana | - | 19,000 | - | - | - | - | $ 19,000 |
Registrar General Department | 7,000 | - | - | - | - | $ 7,000 | |
Social Security & Nat'l Insura | - | - | - | - | - | 149,000 | $ 149,000 |
Ghana Revenue Authority | - | - | - | - | - | 7,934,000 | $ 211,278,000 |
Electricity Company of Ghana | - | - | - | - | - | 41,000 | $ 41,000 |
Total Ghana | $ - | $ 26,000 | $ - | $ - | $ - | $ 8,124,000 | $ 282,013,000 |
Caisse Nationale D'Assuramce Maladie | - | - | - | - | - | 72,000 | $ 72,000 |
Caisse Nationale De Securite Sociale | - | - | - | - | - | 7,000 | $ 7,000 |
Tresorier General | - | - | - | - | - | 457,000 | $ 457,000 |
Commissariat à la Sécurité Alimentaire | - | - | - | 269,000 | - | - | $ 269,000 |
Various | - | - | - | 6,000 | - | - | $ 6,000 |
Total Mauritania | $ - | $ - | $ - | $275,000 | $ - | $ 536,000 | $ 811,000 |
INSS - Instituto Nacional De Seguranca Social | - | - | - | - | - | 11,000 | $ 11,000 |
Tesouro Publico | - | - | - | - | - | 28,000 | $ 28,000 |
Direcao Geral Das Alfandegas | - | - | - | - | - | - | $ - |
Total São Tomé and Príncipe | $ - | $ - | $ - | $ - | $ - | $ 39,000 | $ 39,000 |
Chef du Bureau de Recouvrement | - | - | - | - | - | $580,000 | $ 580,000 |
Senegal Retirement | - | - | - | - | - | $12,000 | $ 12,000 |
Senegal Social Security | - | - | - | - | - | $- | $ - |
Parc National des Oiseaux du Djoudj | - | - | - | 26,000 | - | $- | $ 26,000 |
Total Senegal | $ - | $ - | $ - | $ 26,000 | $ - | $ 592,000 | $ 618,000 |
ONRR | 798,000 | 2,030,000 | - | - | - | - | $ 90,930,000 |
Internal Revenue Service | - | - | - | - | - | - | $ 8,395,000 |
Various | - | - | - | - | - | 5,925,000 | $ 6,085,000 |
Total United States of America | $ 798,000 | $ 2,030,000 | $ - | $ - | $ - | $ 5,925,000 | $ 105,410,000 |
Total | $ 798,000 | $ 2,091,000 | $ - | $ 310,000 | $ 695,000 | $ 15,425,000 | $ 545,590,000 |
FOOTNOTES
Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2022 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as- amended in December 2015) (the Regulations). Kosmos Energy has also included supplementary disclosures of payments to governments in addition to those prescribed by the Regulations. Please see the footnotes below for further detail on the payments we made to our host country governments in 2022.
1 Our summary, project-level and receiving-entity level payments to government disclosures are also available on our website at www.kosmosenergy.com/transparency.
2 Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest. The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea. Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of Kosmos Energy's working interest share of production and as reported by the third-party operator. These figures exclude 15.594 Bscf of associated Jubilee and TEN sold to GNPC during the year. The value of the international royalties and production entitlements disclosed above are based on the annual average of daily Brent prices of $101.32 during 2022. United States royalties are actual payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.
3 Inclusive of tax refunds received. This is based on taxes assessed on income.
4 Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable. In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $8,600 in São Tomé and Príncipe.
5 Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States. These values are exclusive of withholding or similar taxes remitted on behalf of service providers.
Payments to Governments - Project-Level Disclosures 1 | ||||||
Production Entitlements (bbls) 2 | Estimated Production Entitlements ($s) 2 | Income Taxes 3 | Royalties (BOE) 2 | Royalties ($s) 2 | Dividends | |
Ceiba Field | 230,000 | 23,304,000 | - | 176,000 | 17,832,000 | - |
Okume Complex Field | 425,000 | 43,061,000 | - | 351,000 | 35,564,000 | - |
Equatorial Guinea Block S | - | - | - | - | - | - |
Equatorial Guinea Block W | - | - | - | - | - | - |
Equatorial Guinea Block 21 | - | - | - | - | - | - |
Equatorial Guinea Block 24 | - | - | - | - | - | - |
Company Level - Kosmos Equatorial Guinea, Inc. | - | - | 35,980,000 | - | - | - |
Company Level - Kosmos Energy Equatorial Guinea | - | - | 10,000 | - | - | - |
Total Equatorial Guinea | 655,000 | $ 66,365,000 | $ 35,990,000 | 527,000 | $ 53,396,000 | $ - |
Jubilee | - | - | - | 601,000 | 60,894,000 | - |
TEN | - | - | - | 95,000 | 9,625,000 | - |
West Cape Three Points | - | - | - | - | - | - |
Deepwater Tano | - | - | - | - | - | - |
Company Level | - | - | 203,344,000 | - | - | - |
Total Ghana | - | $ - | $ 203,344,000 | 696,000 | $ 70,519,000 | $ - |
Company Level | - | - | - | - | - | - |
Total Mauritania | - | $ - | $ - | - | $ - | $ - |
Company Level | - | - | - | - | - | - |
Total Sao Tome and Principe | - | $ - | $ - | - | $ - | $ - |
Company Level | - | - | - | - | - | - |
Total Senegal | - | $ - | $ - | - | $ - | $ - |
Mississippi Canyon | - | - | - | 546,000 | 49,539,000 | - |
De Soto Canyon | - | - | - | - | - | - |
Garden Banks | - | - | - | 16,000 | 1,416,000 | - |
Green Canyon | - | - | - | 441,000 | 37,147,000 | - |
Keathley Canyon | - | - | - | - | - | - |
Walker Ridge | - | - | - | - | - | - |
Company Level | - | - | 8,555,000 | - | - | - |
Total United States of America | - | $ - | $ 8,555,000 | 1,003,000 | $ 88,102,000 | $ - |
Total | 655,000 | $ 66,365,000 | $ 247,889,000 | 2,226,000 | $ 212,017,000 | $ - |
FOOTNOTES
Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2022 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as amended in December 2015) (the Regulations). Kosmos Energy has also included supplementary disclosures of payments to governments in addition to those prescribed by the Regulations. Please see the footnotes below for further detail on the payments we made to our host country governments in 2022.
1 Our summary, project-level and receiving-entity level payments to government disclosures are also available on our website at www.kosmosenergy.com/transparency.
2 Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest. The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea. Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of Kosmos Energy's working interest share of production and as reported by the third-party operator. These figures exclude 15.594 Bscf of associated Jubilee and TEN sold to GNPC during the year. The value of the international royalties and production entitlements disclosed above are based on the annual average of daily Brent prices of $101.32 during 2022. United States royalties are actual payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.
3 Inclusive of tax refunds received. This is based on taxes assessed on income.
4 Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable. In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $8,600 in São Tomé and Príncipe.
5 Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States. These values are exclusive of withholding or similar taxes remitted on behalf of service providers.
Payments to Governments - Project-Level Disclosures 1 | |||||||
Bonuses | License Fees | Infrastructure Improvement | Environment, Capacity Building & Social Projects 4 | Training 4 | Taxes(Non-Income) 5 | TOTAL | |
Ceiba Field | - | 2,000 | - | - | - | - | $ 41,138,000 |
Okume Complex Field | - | 2,000 | - | - | - | - | $ 78,627,000 |
Equatorial Guinea Block S | - | 31,000 | - | - | 104,000 | 52,250 | $ 187,250 |
Equatorial Guinea Block W | - | - | - | - | 244,000 | 52,250 | $ 296,250 |
Equatorial Guinea Block 21 | - | - | - | - | 243,000 | 52,250 | $ 295,250 |
Equatorial Guinea Block 24 | - | - | - | - | 104,000 | 52,250 | $ 156,250 |
Company Level - Kosmos Equatorial Guinea, Inc. | - | - | - | - | - | - | $ 35,980,000 |
Company Level - Kosmos Energy Equatorial Guinea | - | - | - | 9,000 | - | - | $ 19,000 |
Total Equatorial Guinea | $ - | $ 35,000 | $ - | $ 9,000 | $ 695,000 | $ 209,000 | $ 156,699,000 |
Jubilee | - | - | - | - | - | - | $ 60,894,000 |
TEN | - | - | - | - | - | - | $ 9,625,000 |
West Cape Three Points | 13,000 | - | - | - | - | $ 13,000 | |
Deepwater Tano | - | 13,000 | - | - | - | - | $ 13,000 |
Company Level | - | - | - | - | - | 8,124,000 | $ 211,468,000 |
Total Ghana | $ - | $ 26,000 | $ - | $ - | $ - | $ 8,124,000 | $ 282,013,000 |
Company Level | - | - | - | 275,000 | - | 536,000 | $ 811,000 |
Total Mauritania | $ - | $ - | $ - | $275,000 | $ - | $ 536,000 | $ 811,000 |
Company Level | - | - | - | - | - | 39,000 | $ 39,000 |
Total São Tomé and Príncipe | $ - | $ - | $ - | $ - | $ - | $ 39,000 | $ 39,000 |
Company Level | - | - | - | 26,000 | - | 592,000 | $ 618,000 |
Total Senegal | $ - | $ - | $ - | $ 26,000 | $ - | $ 592,000 | $ 618,000 |
Mississippi Canyon | - | 944,000 | - | - | - | - | $ 50,483,000 |
De Soto Canyon | - | 375,000 | - | - | - | - | $ 375,000 |
Garden Banks | - | 13,000 | - | - | - | - | $ 1,429,000 |
Green Canyon | 798,000 | 50,000 | - | - | - | - | $ 37,995,000 |
Keathley Canyon | - | 195,000 | - | - | - | - | $ 195,000 |
Walker Ridge | - | 253,000 | - | - | - | - | $ 253,000 |
Company Level | - | 200,000 | - | - | - | 5,925,000 | $ 14,680,000 |
Total United States of America | $ 798,000 | $ 2,030,000 | $ - | $ - | $ - | $ 5,925,000 | $ 105,410,000 |
Total | $ 798,000 | $ 2,091,000 | $ - | $ 310,000 | $ 695,000 | $ 15,425,000 | $ 545,590,000 |
FOOTNOTES
Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2022 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as- amended in December 2015) (the Regulations). Kosmos Energy has also included supplementary disclosures of payments to governments in addition to those prescribed by the Regulations. Please see the footnotes below for further detail on the payments we made to our host country governments in 2022.
1 Our summary, project-level and receiving-entity level payments to government disclosures are also available on our website at www.kosmosenergy.com/transparency.
2 Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest. The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea. Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of Kosmos Energy's working interest share of production and as reported by the third-party operator. These figures exclude 15.594 Bscf of associated Jubilee and TEN sold to GNPC during the year. The value of the international royalties and production entitlements disclosed above are based on the annual average of daily Brent prices of $101.32 during 2022. United States royalties are actual payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.
3 Inclusive of tax refunds received. This is based on taxes assessed on income.
4 Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable. In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $8,600 in São Tomé and Príncipe.
5 Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States. These values are exclusive of withholding or similar taxes remitted on behalf of service providers.