Greenfields Petroleum Corporation Oil & Gas Exploration and Production Operations and Cost Analysis - Q3, 2014

 Published On: Jan, 2015 |    No of Pages: 77 |  Published By: GlobalData | Format: PDF
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Summary

Greenfields Petroleum Corporation 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 5
List of Figures 6
Company Snapshot 8
Key Information 8
Company Overview 8
Greenfields Petroleum Corporation, Valuation and Financial Data 9
Greenfields Petroleum Corporation, Share Price Performance 9
Share Price Performance, Q3, 2013-Q3, 2014 9
Greenfields Petroleum Corporation, Key Valuation Metrics 10
Key Valuation Metrics, Q3, 2013-Q3, 2014 10
Greenfields Petroleum Corporation, Quarterly Results of Oil & Gas Operations Per boe Produced 11
Results of Oil & Gas Operations Per boe Produced, Q3, 2013-Q3, 2014 11
Results of Oil & Gas Operations Per boe Growth Rates, Q3, 2013-Q3, 2014 12
Greenfields Petroleum Corporation, Quarterly Production Trends 13
Greenfields Petroleum Corporation, Total Oil and Gas Production 13
Total Crude Oil and Natural Gas Production Trend, Q3, 2013-Q3, 2014 13
Total Crude Oil & Natural Gas Production, By Country/Region, Q3, 2013-Q3, 2014 14
Greenfields Petroleum Corporation, Crude Oil Production 15
Total Crude Oil Production Trend, Q3, 2013-Q3, 2014 15
Crude Oil Production, By Country/Region, Q3, 2013-Q3, 2014 16
Greenfields Petroleum Corporation, Natural Gas Production 17
Total Natural Gas Production Trend, Q3, 2013-Q3, 2014 17
Natural Gas Production, By Country/Region, Q3, 2013-Q3, 2014 18
Greenfields Petroleum Corporation, Valuation and Financial Data, 2009-2013 19
Greenfields Petroleum Corporation, Share Price Performance, 2009-2013 19
Share Price Performance, 2009-2013 19
Key Valuation Metrics, 2009-2013 20
Greenfields Petroleum Corporation, Production and Reserves Trends 21
Total Oil and Gas, Reserves and Production 21
Total Crude Oil and Natural Gas Production and Reserves Trend, 2009-2013 21
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2009-2013 23
Total Crude Oil and Natural Gas Reserve Changes, 2009-2013 25
Crude Oil/Liquids Production and Reserve 26
Crude Oil/Liquids Production and Reserve Trend, 2009-2013 26
Crude Oil Production and Reserves By Country/Region, 2009-2013 27
Crude Oil/Liquids Reserve Changes, 2009-2013 29
Natural Gas Production and Reserve 30
Natural Gas Production and Reserve Trend, 2009-2013 30
Natural Gas Production and Reserves, By Country/Region, 2009-2013 31
Natural Gas Reserve Changes, 2009-2013 33
Total Crude Oil and Natural Gas Reserves Life Index 34
Total Crude Oil and Natural Gas Reserves Life Index, 2009-2013 34
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2009-2013 35
Greenfields Petroleum Corporation, E&P Costs Trends 37
Allocation of the Upstream Capital Expenditure 37
Upstream Capital Expenditure, 2009-2013 37
Exploration and Development Costs, By Country/Region, 2009-2013 38
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 40
Greenfields Petroleum Corporation, Reserve Replacement Ratio 42
Oil and Gas Production Replacement Ratio 42
Oil and Gas Production Replacement Ratio, 2009-2013 42
Oil and Gas Production Replacement Ratio, By Country/Region, 2009-2013 44
Greenfields Petroleum Corporation, Results of Oil & Gas Operations Trend 48
Oil and Gas Revenue and Expenses 48
Oil and Gas Revenue and Expenses, 2009-2013 48
Oil and Gas Revenue and Expenses, By Country/Region, 2009-2013 49
Oil and Gas Revenue and Expenses, Per boe 51
Oil and Gas Revenue and Expenses, By boe, 2009-2013 51
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2009-2013 52
Oil and Gas Performance Metrics 54
Greenfields Petroleum Corporation, Land Holdings and Well Data 55
Developed and Undeveloped Acreage 55
Gross and Net Developed and Undeveloped Acreage, 2009-2013 55
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2009-2013 56
Well Statistics 58
Producible Oil and Gas Well, 2009-2013 58
Producible Oil and Gas Well, By Country/Region, 2009-2013 59
Exploration and Development Wells Drilled, 2009-2013 63
Exploration and Development Wells Drilled, By Country/Region, 2009-2013 64
Recent Developments 65
Greenfields Petroleum Corporation - Recent Developments 65
Nov 28, 2014: Greenfields Petroleum Announces Financial Results for the Three and Nine Months Ended September 30, 2014 and Operations Update 65
Oct 20, 2014: Greenfields Petroleum Provides Operations Update 67
Aug 29, 2014: Greenfields Petroleum Corporation Announces Financial Results for the Three and Six Months Ended June 30, 2014 and Operations Update 68
May 28, 2014: Greenfields Petroleum Corporation Announces Financial Results for the Three Months Ended March 31 2014 70
May 02, 2014: Greenfields Petroleum Announces Financial Results for the Year-Ended December 31, 2013 71
Apr 30, 2014: Greenfields Petroleum Announces Increase of Reserves Year-Over-Year and 2013 Year-End Reserves 72
Apr 07, 2014: Greenfields Petroleum Provides Operational Update for the Bahar Project in Azerbaijan 72
Mar 10, 2014: Greenfields Petroleum Announces February 2014 Drilling and Workover Results for the Bahar Project in Azerbaijan 73
Jan 10, 2014: Greenfields Petroleum Announces Achievement of the TPR1 Production Milestone Under ERDPSA in Azerbaijan 74
Appendix 75
Methodology 75
Coverage 75
Secondary Research 75
Primary Research 75
Data Information Sources 76
Company Source 76
SEC/Other Regulatory Filings 76
Other Sources 76
Expert Panel Validation 76
Data Definition 76
Oil and Gas Reserves 76
Units of Measure 77
About GlobalData 77
Disclosure 77
Disclaimer 77

List of Tables
Table 1: Greenfields Petroleum Corporation, Key Facts 8
Table 2: Greenfields Petroleum Corporation, Share Price Performance, Q3, 2013-Q3, 2014 9
Table 3: Greenfields Petroleum Corporation, Key Valuation Metrics, Q3, 2013-Q3, 2014 10
Table 4: Greenfields Petroleum Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q3, 2013-Q3, 2014 11
Table 5: Greenfields Petroleum Corporation, Results of Oil & Gas Operations Per boe Growth Rates, %, Q3, 2013-Q3, 2014 12
Table 6: Greenfields Petroleum Corporation, Total Crude Oil and Natural Gas, Production, Q3, 2013-Q3, 2014 13
Table 7: Greenfields Petroleum Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q3, 2013-Q3, 2014 14
Table 8: Greenfields Petroleum Corporation, Total Crude Oil Production, mmbbl, Q3, 2013-Q3, 2014 15
Table 9: Greenfields Petroleum Corporation, Crude Oil Production, By Country/Region, mmbbl, Q3, 2013-Q3, 2014 16
Table 10: Greenfields Petroleum Corporation, Total Natural Gas Production, bcf, Q3, 2013-Q3, 2014 17
Table 11: Greenfields Petroleum Corporation, Natural Gas Production, By Country/Region, bcf, Q3, 2013-Q3, 2014 18
Table 12: Greenfields Petroleum Corporation, Share Price Performance, 2009-2013 19
Table 13: Greenfields Petroleum Corporation, Key Valuation Metrics, 2009-2013 20
Table 14: Greenfields Petroleum Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2009-2013 22
Table 15: Greenfields Petroleum Corporation, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2009-2013 24
Table 16: Greenfields Petroleum Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2009-2013 25
Table 17: Greenfields Petroleum Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2009-2013 26
Table 18: Greenfields Petroleum Corporation, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2009-2013 28
Table 19: Greenfields Petroleum Corporation, Crude Oil Reserve Changes, mmbbl, 2009-2013 29
Table 20: Greenfields Petroleum Corporation, Natural Gas Production and Reserves Metrics, bcf, 2009-2013 30
Table 21: Greenfields Petroleum Corporation, Natural Gas Production and Reserves, By Country/Region, bcf, 2009-2013 32
Table 22: Greenfields Petroleum Corporation, Natural Gas Reserve Changes, bcf, 2009-2013 33
Table 23: Greenfields Petroleum Corporation, Oil and Gas Reserves Life Index, Years, 2009-2013 34
Table 24: Greenfields Petroleum Corporation, Oil and Gas Reserves Life Index, By Country/Region, Years, 2009-2013 36
Table 25: Greenfields Petroleum Corporation, Upstream Capital Expenditure, US$ mil, 2009-2013 37
Table 26: Greenfields Petroleum Corporation, Exploration and Development Costs, By Country/Region, US$ mil, 2009-2013 38
Table 27: Greenfields Petroleum Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2009-2013 39
Table 28: Greenfields Petroleum Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2009-2013 41
Table 29: Greenfields Petroleum Corporation, Oil and Gas Production Replacement Ratio, %, 2009-2013 42
Table 30: Greenfields Petroleum Corporation, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2009-2013 47
Table 31: Greenfields Petroleum Corporation, Revenue and Expenses, US$ mil, 2009-2013 48
Table 32: Greenfields Petroleum Corporation, Revenue and Expenses, By Country/Region, US$ mil, 2009-2013 50
Table 33: Greenfields Petroleum Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2009-2013 51
Table 34: Greenfields Petroleum Corporation, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2009-2013 53
Table 35: Greenfields Petroleum Corporation, Oil and Gas Performance Metrics, 2009-2013 54
Table 36: Greenfields Petroleum Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2009-2013 55
Table 37: Greenfields Petroleum Corporation, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2009-2013 57
Table 38: Greenfields Petroleum Corporation, Producible Oil and Gas Wells, 2009-2013 58
Table 39: Greenfields Petroleum Corporation, Producible Oil and Gas Wells, By Country/Region, 2009-2013 62
Table 40: Greenfields Petroleum Corporation, Exploratory and Developed Wells, 2009-2013 63
Table 41: Greenfields Petroleum Corporation, Exploratory and Developed Wells, By Country/Region, 2009-2013 64

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


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