Zargon Oil & Gas Ltd Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2016

 Published On: Aug, 2017 |    No of Pages: 81 |  Published By: GlobalData | Format: PDF
Request Free Sample

Summary

Zargon Oil & Gas Ltd (Zargon) is an upstream energy company. It carries out the exploration, development and production of oil and natural gas. The company's core business is oil exploitation in the Western Canadian and Williston sedimentary basins. Zargon specializes in all three phases of oil reservoir exploitation including primary, secondary and tertiary recovery projects. The company's focuses on increasing its oil recovery factors and oil production from existing oil reservoirs through reservoir engineering and the geosciences. It operates in North and South Alberta Plains in Canada and Williston basin North Dakota in the US. Zargon is headquartered in Calgary, Alberta, Canada.

Zargon Oil & Gas Ltd 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 metrics, analysis and provides a strategic insight into the company. The report provides an annual and quarterly overview of oil and gas reserves and production, changes in reserves, costs incurred and results of oil and gas operations, acreage and well details, share price performance and key valuation metrics.

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 following -
- The report provides detailed and unique insight information on the key operational metrics. It gives a comprehensive overview of oil and gas production and reserves, costs incurred and results of oil and gas operations, acreage and well details and other performance metrics.
- Provides details with respect to the company's oil and gas reserves and production information by country. It further consists of in-depth information on the company's expenditures in relation to the acquisition, exploration and development activities; developed and undeveloped acreage position; key costs and revenue information; and performance metrics of the company as disclosed in its annual reports and regulatory filings.
- Provides a comprehensive overview of the company's share price performance and key valuation metrics such as market capitalization, enterprise value, EV/Production ($boe/d) and EV/Proved Reserve ($/boe)
- Provides information on key operational and financial metrics on an annual and quarterly basis. The annual information provided is for a five-year period and the quarterly information is for the last five quarters.

*Note:

1. The scope mentioned above is generic and may not apply to all the companies. The report is based on the information disclosed by the companies in their annual and quarterly reports, regulatory filings and other company documents and sources.
2. Quarterly information is provided only for the companies that are December ending and files quarter reports and documents.
3. There can be cases where countries/regions data column/Charts will be blank. This can be due to the fact that the company might have discontinued the reporting of those countries/regions. Information that is not disclosed by the company may not be available in the report.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
- Be up-to-date with the latest information and in-depth analysis of the operational metrics of the company.
- Identify M&A targets from up-to-date information and in-depth analysis on financial and operational metrics of your competitors.
- Rank your performance against other companies in the exploration and production (E&P) sector 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 metrics.
- 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
Zargon Oil & Gas Ltd, Valuation and Financial Data 8
Zargon Oil & Gas Ltd, Share Price Performance 8
Zargon Oil & Gas Ltd, Key Valuation Metrics 9
Key Valuation Metrics, Q4, 2015-Q4, 2016 9
Zargon Oil & Gas Ltd, Quarterly Results of Oil & Gas Operations Per boe Produced 10
Results of Oil & Gas Operations Per boe Produced, Q4, 2015-Q4, 2016 10
Results of Oil & Gas Operations Per boe Growth Rates, Q4, 2015-Q4, 2016 11
Zargon Oil & Gas Ltd, Quarterly E&P Costs Trends 12
Upstream Capital Expenditure, Q4, 2015-Q4, 2016 12
Zargon Oil & Gas Ltd, Quarterly Production Trends 13
Zargon Oil & Gas Ltd, Total Oil and Gas Production 13
Total Crude Oil and Natural Gas Production Trend, Q4, 2015-Q4, 2016 13
Total Crude Oil & Natural Gas Production, By Country/Region, Q4, 2015-Q4, 2016 14
Zargon Oil & Gas Ltd, Crude Oil Production 15
Total Crude Oil Production Trend, Q4, 2015-Q4, 2016 15
Crude Oil Production, By Country/Region, Q4, 2015-Q4, 2016 16
Zargon Oil & Gas Ltd, Natural Gas Production 17
Total Natural Gas Production Trend, Q4, 2015-Q4, 2016 17
Natural Gas Production, By Country/Region, Q4, 2015-Q4, 2016 18
Zargon Oil & Gas Ltd, Valuation and Financial Data, 2012-2016 19
Zargon Oil & Gas Ltd, Share Price Performance, 2012-2016 19
Key Valuation Metrics, 2012-2016 20
Zargon Oil & Gas Ltd, Production and Reserves Trends 21
Total Oil and Gas, Reserves and Production 21
Total Crude Oil and Natural Gas Production and Reserves Trend, 2012-2016 21
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2012-2016 23
Total Crude Oil and Natural Gas Reserve Changes, 2012-2016 24
Crude Oil/Liquids Production and Reserve 25
Crude Oil/Liquids Production and Reserve Trend, 2012-2016 25
Crude Oil Production and Reserves By Country/Region, 2012-2016 26
Crude Oil/Liquids Reserve Changes, 2012-2016 27
Natural Gas Production and Reserve 28
Natural Gas Production and Reserve Trend, 2012-2016 28
Natural Gas Production and Reserves, By Country/Region, 2012-2016 29
Natural Gas Reserve Changes, 2012-2016 30
Total Crude Oil and Natural Gas Reserves Life Index 31
Total Crude Oil and Natural Gas Reserves Life Index, 2012-2016 31
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2012-2016 32
Zargon Oil & Gas Ltd, E&P Costs Trends 34
Allocation of the Upstream Capital Expenditure 34
Upstream Capital Expenditure, 2012-2016 34
Exploration and Development Costs, By Country/Region, 2012-2016 36
Oil and Gas Cost Per boe, US$/boe 37
Oil and Gas Cost Per boe, US$/boe, 2012-2016 37
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2012-2016 39
Zargon Oil & Gas Ltd, Reserve Replacement Ratio 41
Oil and Gas Production Replacement Ratio 41
Oil and Gas Production Replacement Ratio, 2012-2016 41
Oil and Gas Production Replacement Ratio, By Country/Region, 2012-2016 44
Zargon Oil & Gas Ltd, Results of Oil & Gas Operations Trend 48
Oil and Gas Revenue and Expenses 48
Oil and Gas Revenue and Expenses, 2012-2016 48
Oil and Gas Revenue and Expenses, By Country/Region, 2012-2016 50
Oil and Gas Revenue and Expenses, Per boe 51
Oil and Gas Revenue and Expenses, By boe, 2012-2016 51
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2012-2016 52
Oil and Gas Performance Metrics 53
Zargon Oil & Gas Ltd, Land Holdings and Well Data 54
Developed and Undeveloped Acreage 54
Gross and Net Developed and Undeveloped Acreage, 2012-2016 54
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2012-2016 55
Well Statistics 57
Producible Oil and Gas Well, 2012-2016 57
Producible Oil and Gas Well, By Country/Region, 2012-2016 58
Exploration and Development Wells Drilled, 2012-2016 63
Exploration and Development Wells Drilled, By Country/Region, 2012-2016 64
Recent Developments 65
Zargon Oil & Gas Ltd - Recent Developments 65
Aug 09, 2017: Zargon Oil & Gas Provides 2017 Second Quarter Results 65
May 10, 2017: Zargon Oil & Gas Provides 2017 First Quarter Results 66
Apr 24, 2017: Zargon Oil & Gas Announces Board Of Directors Changes 68
Mar 15, 2017: Zargon Oil & Gas Announces 2016 Fourth Quarter And Full Year Financial Results 69
Feb 23, 2017: Zargon Oil & Gas Announces Q4 2016 Production Volumes And 2016 Year End Reserves 71
Dec 12, 2016: Zargon Oil & Gas Announces 2017 Capital Expenditure Budget 73
Nov 30, 2016: Zargon Announces Hedging Of 650 bbl/d Of Oil And Appointment Of Interim Chief Financial Officer 73
Nov 30, 2016: Zargon Oil & Gas Appoints Bill Cromb As Interim CFO 74
Nov 14, 2016: Zargon Oil & Gas Provides 2016 Third Quarter Results, Q4 2016 Guidance And Strategic Alternatives Process Update 74
Oct 17, 2016: Zargon Oil & Gas Announces Resignation Of Chief Financial Officer And Corporate Reorganization 76
Appendix 78
Methodology 78
Coverage 78
Secondary Research 78
Primary Research 79
Data Information Sources 79
Company Source 79
SEC/Other Regulatory Filings 79
Other Sources 79
Expert Panel Validation 79
Data Definition 80
Oil and Gas Reserves 80
Units of Measure 80
About GlobalData 81
Disclosure 81
Disclaimer 81

List of Tables
Table 1: Zargon Oil & Gas Ltd, Key Facts 7
Table 2: Zargon Oil & Gas Ltd, Share Price Performance, Q4, 2015-Q4, 2016 8
Table 3: Zargon Oil & Gas Ltd, Key Valuation Metrics, Q4, 2015-Q4, 2016 9
Table 4: Zargon Oil & Gas Ltd, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2015-Q4, 2016 10
Table 5: Zargon Oil & Gas Ltd, Results of Oil & Gas Operations Per boe Growth Rates, %, Q4, 2015-Q4, 2016 11
Table 6: Zargon Oil & Gas Ltd, Upstream Capital Expenditure, Q4, 2015-Q4, 2016 12
Table 7: Zargon Oil & Gas Ltd, Total Crude Oil and Natural Gas, Production, Q4, 2015-Q4, 2016 13
Table 8: Zargon Oil & Gas Ltd, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2015-Q4, 2016 14
Table 9: Zargon Oil & Gas Ltd, Total Crude Oil Production, mmbbl, Q4, 2015-Q4, 2016 15
Table 10: Zargon Oil & Gas Ltd, Crude Oil Production, By Country/Region, mmbbl, Q4, 2015-Q4, 2016 16
Table 11: Zargon Oil & Gas Ltd, Total Natural Gas Production, bcf, Q4, 2015-Q4, 2016 17
Table 12: Zargon Oil & Gas Ltd, Natural Gas Production, By Country/Region, bcf, Q4, 2015-Q4, 2016 18
Table 13: Zargon Oil & Gas Ltd, Share Price Performance, 2012-2016 19
Table 14: Zargon Oil & Gas Ltd, Key Valuation Metrics, 2012-2016 20
Table 15: Zargon Oil & Gas Ltd, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016 22
Table 16: Zargon Oil & Gas Ltd, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2012-2016 23
Table 17: Zargon Oil & Gas Ltd, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2012-2016 24
Table 18: Zargon Oil & Gas Ltd, Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016 25
Table 19: Zargon Oil & Gas Ltd, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2012-2016 26
Table 20: Zargon Oil & Gas Ltd, Crude Oil Reserve Changes, mmbbl, 2012-2016 27
Table 21: Zargon Oil & Gas Ltd, Natural Gas Production and Reserves Metrics, bcf, 2012-2016 28
Table 22: Zargon Oil & Gas Ltd, Natural Gas Production and Reserves, By Country/Region, bcf, 2012-2016 29
Table 23: Zargon Oil & Gas Ltd, Natural Gas Reserve Changes, bcf, 2012-2016 30
Table 24: Zargon Oil & Gas Ltd, Oil and Gas Reserves Life Index, Years, 2012-2016 31
Table 25: Zargon Oil & Gas Ltd, Oil and Gas Reserves Life Index, By Country/Region, Years, 2012-2016 33
Table 26: Zargon Oil & Gas Ltd, Upstream Capital Expenditure, US$ mil, 2012-2016 34
Table 27: Zargon Oil & Gas Ltd, Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2012-2016 35
Table 28: Zargon Oil & Gas Ltd, Exploration and Development Costs, By Country/Region, US$ mil, 2012-2016 36
Table 29: Zargon Oil & Gas Ltd, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016 38
Table 30: Zargon Oil & Gas Ltd, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2012-2016 40
Table 31: Zargon Oil & Gas Ltd, Oil and Gas Production Replacement Ratio, %, 2012-2016 42
Table 32: Zargon Oil & Gas Ltd, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2012-2016 47
Table 33: Zargon Oil & Gas Ltd, Revenue and Expenses, US$ mil, 2012-2016 49
Table 34: Zargon Oil & Gas Ltd, Revenue and Expenses, By Country/Region, US$ mil, 2012-2016 50
Table 35: Zargon Oil & Gas Ltd, Oil and Gas Revenue and Expenses, US$/boe, 2012-2016 51
Table 36: Zargon Oil & Gas Ltd, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2012-2016 52
Table 37: Zargon Oil & Gas Ltd, Oil and Gas Performance Metrics, 2012-2016 53
Table 38: Zargon Oil & Gas Ltd, Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016 54
Table 39: Zargon Oil & Gas Ltd, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2012-2016 56
Table 40: Zargon Oil & Gas Ltd, Producible Oil and Gas Wells, 2012-2016 57
Table 41: Zargon Oil & Gas Ltd, Producible Oil and Gas Wells, By Country/Region, 2012-2016 62
Table 42: Zargon Oil & Gas Ltd, Exploratory and Developed Wells, 2012-2016 63
Table 43: Zargon Oil & Gas Ltd, Exploratory and Developed Wells, By Country/Region, 2012-2016 64

List of Figures
Figure 1: Zargon Oil & Gas Ltd, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q4, 2015-Q4, 2016 8
Figure 2: Zargon Oil & Gas Ltd, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2015-Q4, 2016 9
Figure 3: Zargon Oil & Gas Ltd, Upstream Capital Expenditure, US$ mil, Q4, 2015-Q4, 2016 11
Figure 4: Zargon Oil & Gas Ltd, Total Crude Oil and Natural Gas, Production, mmboe, Q4, 2015-Q4, 2016 12
Figure 5: Zargon Oil & Gas Ltd, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2015-Q4, 2016 13
Figure 6: Zargon Oil & Gas Ltd, Total Crude Oil Production, mmbbl, Q4, 2015-Q4, 2016 14
Figure 7: Zargon Oil & Gas Ltd, Crude Oil Production, By Country/Region, mmbbl, Q4, 2015-Q4, 2016 15
Figure 8: Zargon Oil & Gas Ltd, Total Natural Gas Production, bcf, Q4, 2015-Q4, 2016 16
Figure 9: Zargon Oil & Gas Ltd, Natural Gas Production, By Country/Region, bcf, Q4, 2015-Q4, 2016 17
Figure 10: Zargon Oil & Gas Ltd, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2012-2016 19
Figure 11: Zargon Oil & Gas Ltd, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016 20
Figure 12: Zargon Oil & Gas Ltd, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2012-2016 22
Figure 13: Zargon Oil & Gas Ltd, Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016 24
Figure 14: Zargon Oil & Gas Ltd, Oil Reserves, End of Period, By Country/Region, mmbbl, 2012-2016 25
Figure 15: Zargon Oil & Gas Ltd, Natural Gas Production and Reserves Metrics, bcf, 2012-2016 27
Figure 16: Zargon Oil & Gas Ltd, Gas Reserves, End of Period, By Country/Region, bcf, 2012-2016 28
Figure 17: Zargon Oil & Gas Ltd, Oil and Gas Reserves Life Index, Years, 2012-2016 30
Figure 18: Zargon Oil & Gas Ltd, Gas Reserve Life Index, By Country/Region, Years, 2012-2016 31
Figure 19: Zargon Oil & Gas Ltd, Oil & Gas Reserve Life Index, By Country/Region, Years, 2012-2016 31
Figure 20: Zargon Oil & Gas Ltd, Oil Reserve Life Index, By Country/Region, Years, 2012-2016 32
Figure 21: Zargon Oil & Gas Ltd, Upstream Capital Expenditure, US$ mil, 2012-2016 33
Figure 22: Zargon Oil & Gas Ltd, Development Costs, By Country/Region, US$ mil, 2012-2016 35
Figure 23: Zargon Oil & Gas Ltd, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016 36
Figure 24: Zargon Oil & Gas Ltd, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 38
Figure 25: Zargon Oil & Gas Ltd, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 38
Figure 26: Zargon Oil & Gas Ltd, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 39
Figure 27: Zargon Oil & Gas Ltd, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2012-2016 40
Figure 28: Zargon Oil & Gas Ltd, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2012-2016 43
Figure 29: Zargon Oil & Gas Ltd, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2012-2016 43
Figure 30: Zargon Oil & Gas Ltd, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2012-2016 44
Figure 31: Zargon Oil & Gas Ltd, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2012-2016 44
Figure 32: Zargon Oil & Gas Ltd, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2012-2016 45
Figure 33: Zargon Oil & Gas Ltd, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2012-2016 45
Figure 34: Zargon Oil & Gas Ltd, Revenue and Expenses, US$ mil, 2012-2016 47
Figure 35: Zargon Oil & Gas Ltd, Oil and Gas Revenue and Expenses, US$/boe, 2012-2016 50
Figure 36: Zargon Oil & Gas Ltd, Oil and Gas Performance Metrics, 2012-2016 52
Figure 37: Zargon Oil & Gas Ltd, Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016 53
Figure 38: Zargon Oil & Gas Ltd, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2012-2016 54
Figure 39: Zargon Oil & Gas Ltd, Total Net Undeveloped Acreage, By Country/Region, Acres, 2012-2016 54
Figure 40: Zargon Oil & Gas Ltd, Producible Oil and Gas Wells, 2012-2016 56
Figure 41: Zargon Oil & Gas Ltd, Gross Productive Gas Wells, By Country/Region, Number, 2012-2016 57
Figure 42: Zargon Oil & Gas Ltd, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016 57
Figure 43: Zargon Oil & Gas Ltd, Gross Productive Oil Wells, By Country/Region, Number, 2012-2016 58
Figure 44: Zargon Oil & Gas Ltd, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2012-2016 58
Figure 45: Zargon Oil & Gas Ltd, Net Productive Gas Wells, By Country/Region, Number, 2012-2016 59
Figure 46: Zargon Oil & Gas Ltd, Net Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016 59
Figure 47: Zargon Oil & Gas Ltd, Net Productive Oil Wells, By Country/Region, Number, 2012-2016 60
Figure 48: Zargon Oil & Gas Ltd, Exploratory and Developed Wells, 2012-2016 62


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.