Baytex Energy Corp. Oil & Gas Exploration and Production Operations and Cost Analysis - Q3, 2014

 Published On: Jan, 2015 |    No of Pages: 78 |  Published By: GlobalData | Format: PDF
Request Free Sample

Summary

Baytex Energy Corp. Oil & Gas Exploration and Production Operations and Cost Analysis is the latest report from GlobalData, the industry analysis specialists, that offers comprehensive information on the operational and financial performance of the company. The report is an essential source for key operational data, analysis and strategic insight into company. The report provides latest annual and quarterly overview of production, reserves, share price performance, reserve changes, capital expenditures, acreage, performance metrics and results of oil & gas operations.

Scope

The report provides in-depth analysis and insights into companies’ capital spending, revenues, oil and gas reserves, production, and performance measures. Its scope includes -
- The report provides detailed and unique insights information on the key operational parameters. The report provides a comprehensive overview of production, reserves, reserve changes, capital expenditures, acreage, performance metrics, and results of oil & gas operations.
- Provides analysis of the share price performance of the company and the key valuation multiples. The report provides a comprehensive overview of share price performance and key valuation metrics such as market capitalization, enterprise value, EV/Production ($boe/d) and EV/Proved Reserve ($/boe)
- Provides annual and quarterly information on key operational and financial parameters. Annual information is for the current and the last four years while the quarterly information is for the current and the last four quarters
- The report provides detailed crude oil and natural gas reserves and production information of the company by country as disclosed in their annual report and regulatory filings.
- Contains in-depth and latest information on exploration, development, finding & development, acquisition expenditure, gross and net developed and undeveloped acreage position; key costs and revenue information; and performance metrics of the company as disclosed in their annual report and regulatory filings.

Note: Scope of the report mentioned above is generic and may not be applicable to all the companies. The report is based on the information disclosed by the company in their annual report and regulatory filings. Information that is not disclosed by the company may not be available in the report.

Quarterly information is covered only for those companies which are December ending and files quarter report. There might be cases where countries/regions data column/Charts will be blank for last five years. This is due to companies might have discontinued reporting of that countries/regions during the last five year time period.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
- Provides up-to-date information and in-depth analysis on operational parameters of the company.
- Identify M&A targets from up-to-date information and in-depth analysis on financial and operational parameters of your competitors.
- Rank your performance against other E&P companies using operational and financial benchmarking metrics.
- Formulate your strategies based on in-depth analysis of your competitors’ financial and operational data.
- Exploit the strengths and weakness of your closest competitors by comparing and analyzing their financial and operational parameters.
- Establish relative performance among the industry’s players based on key operational and financial measures.

Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Company Snapshot 7
Key Information 7
Company Overview 7
Baytex Energy Corp., Valuation and Financial Data 8
Baytex Energy Corp., Share Price Performance 8
Share Price Performance, Q3, 2013-Q3, 2014 8
Baytex Energy Corp., Key Valuation Metrics 9
Key Valuation Metrics, Q3, 2013-Q3, 2014 9
Baytex Energy Corp., Quarterly Results of Oil & Gas Operations Per boe Produced 10
Results of Oil & Gas Operations Per boe Produced, Q3, 2013-Q3, 2014 10
Results of Oil & Gas Operations Per boe Growth Rates, Q3, 2013-Q3, 2014 11
Baytex Energy Corp., Quarterly E&P Costs Trends 12
Upstream Capital Expenditure, Q3, 2013-Q3, 2014 12
Baytex Energy Corp., Quarterly Production Trends 13
Baytex Energy Corp., Total Oil and Gas Production 13
Total Crude Oil and Natural Gas Production Trend, Q3, 2013-Q3, 2014 13
Baytex Energy Corp., Crude Oil Production 14
Total Crude Oil Production Trend, Q3, 2013-Q3, 2014 14
Baytex Energy Corp., Natural Gas Production 15
Total Natural Gas Production Trend, Q3, 2013-Q3, 2014 15
Baytex Energy Corp., Valuation and Financial Data, 2009-2013 16
Baytex Energy Corp., Share Price Performance, 2009-2013 16
Share Price Performance, 2009-2013 16
Key Valuation Metrics, 2009-2013 17
Baytex Energy Corp., Production and Reserves Trends 18
Total Oil and Gas, Reserves and Production 18
Total Crude Oil and Natural Gas Production and Reserves Trend, 2009-2013 18
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2009-2013 20
Total Crude Oil and Natural Gas Reserve Changes, 2009-2013 22
Crude Oil/Liquids Production and Reserve 23
Crude Oil/Liquids Production and Reserve Trend, 2009-2013 23
Crude Oil Production and Reserves By Country/Region, 2009-2013 24
Crude Oil/Liquids Reserve Changes, 2009-2013 26
Natural Gas Production and Reserve 27
Natural Gas Production and Reserve Trend, 2009-2013 27
Natural Gas Production and Reserves, By Country/Region, 2009-2013 28
Natural Gas Reserve Changes, 2009-2013 30
Total Crude Oil and Natural Gas Reserves Life Index 31
Total Crude Oil and Natural Gas Reserves Life Index, 2009-2013 31
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2009-2013 32
Baytex Energy Corp., E&P Costs Trends 34
Allocation of the Upstream Capital Expenditure 34
Upstream Capital Expenditure, 2009-2013 34
Acquisition Costs By Country/Region, 2009-2013 35
Exploration and Development Costs, By Country/Region, 2009-2013 37
Oil and Gas Cost Per boe, US$/boe 39
Oil and Gas Cost Per boe, US$/boe, 2009-2013 39
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2009-2013 41
Baytex Energy Corp., Reserve Replacement Ratio 43
Oil and Gas Production Replacement Ratio 43
Oil and Gas Production Replacement Ratio, 2009-2013 43
Oil and Gas Production Replacement Ratio, By Country/Region, 2009-2013 45
Baytex Energy Corp., Results of Oil & Gas Operations Trend 49
Oil and Gas Revenue and Expenses 49
Oil and Gas Revenue and Expenses, 2009-2013 49
Oil and Gas Revenue and Expenses, By Country/Region, 2009-2013 50
Oil and Gas Revenue and Expenses, Per boe 52
Oil and Gas Revenue and Expenses, By boe, 2009-2013 52
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2009-2013 53
Oil and Gas Performance Metrics 55
Baytex Energy Corp., Land Holdings and Well Data 56
Developed and Undeveloped Acreage 56
Gross and Net Developed and Undeveloped Acreage, 2009-2013 56
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2009-2013 57
Well Statistics 59
Producible Oil and Gas Well, 2009-2013 59
Producible Oil and Gas Well, By Country/Region, 2009-2013 60
Exploration and Development Wells Drilled, 2009-2013 64
Exploration and Development Wells Drilled, By Country/Region, 2009-2013 65
Recent Developments 66
Baytex Energy Corp. - Recent Developments 66
Jan 15, 2015: Baytex Confirms Monthly Dividend For January At $0.10 Per Share 66
Dec 15, 2014: Baytex Confirms Monthly Dividend For December At $0.10 Per Share 66
Dec 08, 2014: Baytex Announces 2015 Budget And Change To Dividends 67
Nov 17, 2014: Baytex Confirms Monthly Dividend For November At $0.24 Per Share 68
Oct 30, 2014: Baytex Reports Record Production and Funds From Operations for Third Quarter 2014 69
Oct 15, 2014: Baytex Confirms Monthly Dividend for October at $0.24 Per Share 72
Sep 15, 2014: Baytex Confirms Monthly Dividend for September at $0.24 Per Share 72
Aug 14, 2014: Baytex Confirms Monthly Dividend for August at $0.24 per Share 73
Jul 31, 2014: Baytex Reports Q2 2014 Results 73
Jul 15, 2014: Baytex Confirms Monthly Dividend for July at $0.24 Per Share 75
Appendix 76
Methodology 76
Coverage 76
Secondary Research 76
Primary Research 76
Data Information Sources 77
Company Source 77
SEC/Other Regulatory Filings 77
Other Sources 77
Expert Panel Validation 77
Data Definition 77
Oil and Gas Reserves 77
Units of Measure 78
About GlobalData 78
Disclosure 78
Disclaimer 78

List of Tables
Table 1: Baytex Energy Corp., Key Facts 7
Table 2: Baytex Energy Corp., Share Price Performance, Q3, 2013-Q3, 2014 8
Table 3: Baytex Energy Corp., Key Valuation Metrics, Q3, 2013-Q3, 2014 9
Table 4: Baytex Energy Corp., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q3, 2013-Q3, 2014 10
Table 5: Baytex Energy Corp., Results of Oil & Gas Operations Per boe Growth Rates, %, Q3, 2013-Q3, 2014 11
Table 6: Baytex Energy Corp., Upstream Capital Expenditure, Q3, 2013-Q3, 2014 12
Table 7: Baytex Energy Corp., Total Crude Oil and Natural Gas, Production, Q3, 2013-Q3, 2014 13
Table 8: Baytex Energy Corp., Total Crude Oil Production, mmbbl, Q3, 2013-Q3, 2014 14
Table 9: Baytex Energy Corp., Total Natural Gas Production, bcf, Q3, 2013-Q3, 2014 15
Table 10: Baytex Energy Corp., Share Price Performance, 2009-2013 16
Table 11: Baytex Energy Corp., Key Valuation Metrics, 2009-2013 17
Table 12: Baytex Energy Corp., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2009-2013 19
Table 13: Baytex Energy Corp., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2009-2013 21
Table 14: Baytex Energy Corp., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2009-2013 22
Table 15: Baytex Energy Corp., Crude Oil Production and Reserves Metrics, mmbbl, 2009-2013 23
Table 16: Baytex Energy Corp., Crude Oil Production and Reserves, By Country/Region, mmbbl, 2009-2013 25
Table 17: Baytex Energy Corp., Crude Oil Reserve Changes, mmbbl, 2009-2013 26
Table 18: Baytex Energy Corp., Natural Gas Production and Reserves Metrics, bcf, 2009-2013 27
Table 19: Baytex Energy Corp., Natural Gas Production and Reserves, By Country/Region, bcf, 2009-2013 29
Table 20: Baytex Energy Corp., Natural Gas Reserve Changes, bcf, 2009-2013 30
Table 21: Baytex Energy Corp., Oil and Gas Reserves Life Index, Years, 2009-2013 31
Table 22: Baytex Energy Corp., Oil and Gas Reserves Life Index, By Country/Region, Years, 2009-2013 33
Table 23: Baytex Energy Corp., Upstream Capital Expenditure, US$ mil, 2009-2013 34
Table 24: Baytex Energy Corp., Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2009-2013 36
Table 25: Baytex Energy Corp., Exploration and Development Costs, By Country/Region, US$ mil, 2009-2013 38
Table 26: Baytex Energy Corp., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2009-2013 39
Table 27: Baytex Energy Corp., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2009-2013 42
Table 28: Baytex Energy Corp., Oil and Gas Production Replacement Ratio, %, 2009-2013 43
Table 29: Baytex Energy Corp., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2009-2013 48
Table 30: Baytex Energy Corp., Revenue and Expenses, US$ mil, 2009-2013 49
Table 31: Baytex Energy Corp., Revenue and Expenses, By Country/Region, US$ mil, 2009-2013 50
Table 32: Baytex Energy Corp., Oil and Gas Revenue and Expenses, US$/boe, 2009-2013 52
Table 33: Baytex Energy Corp., Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2009-2013 54
Table 34: Baytex Energy Corp., Oil and Gas Performance Metrics, 2009-2013 55
Table 35: Baytex Energy Corp., Land Holdings (Developed and Undeveloped Acreage), Acres, 2009-2013 56
Table 36: Baytex Energy Corp., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2009-2013 58
Table 37: Baytex Energy Corp., Producible Oil and Gas Wells, 2009-2013 59
Table 38: Baytex Energy Corp., Producible Oil and Gas Wells, By Country/Region, 2009-2013 63
Table 39: Baytex Energy Corp., Exploratory and Developed Wells, 2009-2013 64
Table 40: Baytex Energy Corp., Exploratory and Developed Wells, By Country/Region, 2009-2013 65

List of Figures
Figure 1: Baytex Energy Corp., Share Price Performance, CAD/Share, Q3, 2013-Q3, 2014 8
Figure 2: Baytex Energy Corp., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q3, 2013-Q3, 2014 9
Figure 3: Baytex Energy Corp., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q3, 2013-Q3, 2014 10
Figure 4: Baytex Energy Corp., Upstream Capital Expenditure, US$ mil, Q3, 2013-Q3, 2014 12
Figure 5: Baytex Energy Corp., Total Crude Oil and Natural Gas, Production, mmboe, Q3, 2013-Q3, 2014 13
Figure 6: Baytex Energy Corp., Total Crude Oil Production, mmbbl, Q3, 2013-Q3, 2014 14
Figure 7: Baytex Energy Corp., Total Natural Gas Production, bcf, Q3, 2013-Q3, 2014 15
Figure 8: Baytex Energy Corp., Share Price Performance, CAD/Share, 2009-2013 16
Figure 9: Baytex Energy Corp., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2009-2013 17
Figure 10: Baytex Energy Corp., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2009-2013 18
Figure 11: Baytex Energy Corp., Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2009-2013 20
Figure 12: Baytex Energy Corp., Total Oil & Gas Production, By Country/Region, mmboe, 2009-2013 20
Figure 13: Baytex Energy Corp., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2013 22
Figure 14: Baytex Energy Corp., Crude Oil Production and Reserves Metrics, mmbbl, 2009-2013 23
Figure 15: Baytex Energy Corp., Oil Reserves, End of Period, By Country/Region, mmbbl, 2009-2013 24
Figure 16: Baytex Energy Corp., Oil Production, By Country/Region, mmbbl, 2009-2013 24
Figure 17: Baytex Energy Corp., Crude Oil Reserve Changes, mmbbl, 2013 26
Figure 18: Baytex Energy Corp., Natural Gas Production and Reserves Metrics, bcf, 2009-2013 27
Figure 19: Baytex Energy Corp., Gas Reserves, End of Period, By Country/Region, bcf, 2009-2013 28
Figure 20: Baytex Energy Corp., Gas Production, By Country/Region, bcf, 2009-2013 28
Figure 21: Baytex Energy Corp., Natural Gas Reserve Changes, bcf, 2013 30
Figure 22: Baytex Energy Corp., Oil and Gas Reserves Life Index, Years, 2009-2013 31
Figure 23: Baytex Energy Corp., Gas Reserve Life Index, By Country/Region, Years, 2009-2013 32
Figure 24: Baytex Energy Corp., Oil & Gas Reserve Life Index, By Country/Region, Years, 2009-2013 32
Figure 25: Baytex Energy Corp., Oil Reserve Life Index, By Country/Region, Years, 2009-2013 33
Figure 26: Baytex Energy Corp., Upstream Capital Expenditure, US$ mil, 2009-2013 34
Figure 27: Baytex Energy Corp., Proved Acquisition Costs, By Country/Region, US$ mil, 2009-2013 35
Figure 28: Baytex Energy Corp., Unproved Acquisition Costs, By Country/Region, US$ mil, 2009-2013 35
Figure 29: Baytex Energy Corp., Development Costs, By Country/Region, US$ mil, 2009-2013 37
Figure 30: Baytex Energy Corp., Exploration Costs, By Country/Region, US$ mil, 2009-2013 37
Figure 31: Baytex Energy Corp., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2009-2013 39
Figure 32: Baytex Energy Corp., Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2009-2013 41
Figure 33: Baytex Energy Corp., Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2009-2013 41
Figure 34: Baytex Energy Corp., Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2009-2013 42
Figure 35: Baytex Energy Corp., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2009-2013 43
Figure 36: Baytex Energy Corp., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2009-2013 45
Figure 37: Baytex Energy Corp., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2009-2013 45
Figure 38: Baytex Energy Corp., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2009-2013 46
Figure 39: Baytex Energy Corp., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2009-2013 46
Figure 40: Baytex Energy Corp., 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2009-2013 47
Figure 41: Baytex Energy Corp., 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2009-2013 47
Figure 42: Baytex Energy Corp., Revenue and Expenses, US$ mil, 2009-2013 49
Figure 43: Baytex Energy Corp., Oil & Gas Revenue, By Country/Region, US$ mil, 2009-2013 50
Figure 44: Baytex Energy Corp., Oil and Gas Revenue and Expenses, US$/boe, 2009-2013 52
Figure 45: Baytex Energy Corp., Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2009-2013 53
Figure 46: Baytex Energy Corp., Total Revenue per boe, By Country/Region, US$/boe, 2009-2013 53
Figure 47: Baytex Energy Corp., Oil and Gas Performance Metrics, 2009-2013 55
Figure 48: Baytex Energy Corp., Land Holdings (Developed and Undeveloped Acreage), Acres, 2009-2013 56
Figure 49: Baytex Energy Corp., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2009-2013 57
Figure 50: Baytex Energy Corp., Total Net Undeveloped Acreage, By Country/Region, Acres, 2009-2013 57
Figure 51: Baytex Energy Corp., Producible Oil and Gas Wells, 2009-2013 59
Figure 52: Baytex Energy Corp., Gross Productive Gas Wells, By Country/Region, Number, 2009-2013 60
Figure 53: Baytex Energy Corp., Gross Productive Oil & Gas Wells, By Country/Region, Number, 2009-2013 60
Figure 54: Baytex Energy Corp., Gross Productive Oil Wells, By Country/Region, Number, 2009-2013 61
Figure 55: Baytex Energy Corp., Net/Gross Oil & Gas Ratio, By Country/Region, %, 2009-2013 61
Figure 56: Baytex Energy Corp., Net Productive Gas Wells, By Country/Region, Number, 2009-2013 62
Figure 57: Baytex Energy Corp., Net Productive Oil & Gas Wells, By Country/Region, Number, 2009-2013 62
Figure 58: Baytex Energy Corp., Net Productive Oil Wells, By Country/Region, Number, 2009-2013 63
Figure 59: Baytex Energy Corp., Exploratory and Developed Wells, 2009-2013 64


If the above report does not have the information suitable for your business, we can provide custom research that can be lucrative for your business or enhance your profession.