VAALCO Energy, Inc. Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2016

 Published On: Jun, 2017 |    No of Pages: 86 |  Published By: GlobalData | Format: PDF
Request Free Sample

Summary

VAALCO Energy, Inc. (VAALCO) is an upstream energy company. It acquires, explores, develops and produces crude oil and natural gas. The company conducts exploration activities as operator in Gabon and as a non-operator in Equatorial Guinea, West Africa. VAALCO also owns minor in certain non-conventional undeveloped acreage in Montana, Texas, the US. The company's asset portfolio includes interests including Ebouri, Etame and South Tchibala fileds in the Etame Marin offshore block and Mutamba Iroru onshore block. It has presence in the US, Africa and other regions. VAALCO is headquartered in Houston, Texas, the US.

VAALCO Energy, Inc. 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
VAALCO Energy, Inc., Valuation and Financial Data 8
VAALCO Energy, Inc., Share Price Performance 8
Share Price Performance, Q4, 2015-Q4, 2016 8
VAALCO Energy, Inc., Key Valuation Metrics 9
Key Valuation Metrics, Q4, 2015-Q4, 2016 9
VAALCO Energy, Inc., 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
VAALCO Energy, Inc., Quarterly E&P Costs Trends 12
Upstream Capital Expenditure, Q4, 2015-Q4, 2016 12
VAALCO Energy, Inc., Quarterly Production Trends 13
VAALCO Energy, Inc., 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
VAALCO Energy, Inc., 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
VAALCO Energy, Inc., 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
VAALCO Energy, Inc., Valuation and Financial Data, 2012-2016 19
VAALCO Energy, Inc., Share Price Performance, 2012-2016 19
Share Price Performance, 2012-2016 19
Key Valuation Metrics, 2012-2016 20
VAALCO Energy, Inc., 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
VAALCO Energy, Inc., E&P Costs Trends 33
Allocation of the Upstream Capital Expenditure 33
Upstream Capital Expenditure, 2012-2016 33
Acquisition Costs By Country/Region, 2012-2016 34
Exploration and Development Costs, By Country/Region, 2012-2016 35
Oil and Gas Cost Per boe, US$/boe 37
Oil and Gas Cost Per boe, US$/boe, 2012-2016 37
VAALCO Energy, Inc., Reserve Replacement Ratio 39
Oil and Gas Production Replacement Ratio 39
Oil and Gas Production Replacement Ratio, 2012-2016 39
Oil and Gas Production Replacement Ratio, By Country/Region, 2012-2016 42
VAALCO Energy, Inc., Results of Oil & Gas Operations Trend 44
Oil and Gas Revenue and Expenses 44
Oil and Gas Revenue and Expenses, 2012-2016 44
Oil and Gas Revenue and Expenses, By Country/Region, 2012-2016 46
Oil and Gas Revenue and Expenses, Per boe 52
Oil and Gas Revenue and Expenses, By boe, 2012-2016 52
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2012-2016 53
Oil and Gas Performance Metrics 59
VAALCO Energy, Inc., Land Holdings and Well Data 60
Developed and Undeveloped Acreage 60
Gross and Net Developed and Undeveloped Acreage, 2012-2016 60
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2012-2016 61
Well Statistics 64
Producible Oil and Gas Well, 2012-2016 64
Producible Oil and Gas Well, By Country/Region, 2012-2016 65
Exploration and Development Wells Drilled, 2012-2016 70
Recent Developments 72
VAALCO Energy, Inc. - Recent Developments 72
May 08, 2017: Vaalco Energy Announces First Quarter 2017 Results 72
Apr 17, 2017: VAALCO Energy appoints new CFO 74
Apr 10, 2017: Vaalco Energy Receives Continued Listing Standard Notice From NYSE 75
Mar 13, 2017: VAALCO Energy Announces Fourth Quarter And Full Year 2016 Results 75
Feb 21, 2017: VAALCO Energy Announces Year-End 2016 Reserves 79
Feb 01, 2017: Vaalco Energy Announces Listing Plan Accepted By The NYSE And Stock Price Compliance 79
Jan 25, 2017: VAALCO Energy Provides Operational Update 80
Jan 05, 2017: VAALCO Announces Successful Workover Of Avouma 2-H Well That Is Now Producing 2,700 Barrels Of Oil Per Day Gross 80
Jan 03, 2017: VAALCO Energy Announces Appointment Of Cary Bounds As Chief Executive Officer And Board Member And Closing Of Hefley Lease Sale In North Texas 81
Dec 21, 2016: Vaalco Energy Announces Successful Workover On Avouma Platform Offshore Gabon 82
Appendix 83
Methodology 83
Coverage 83
Secondary Research 83
Primary Research 84
Data Information Sources 84
Company Source 84
SEC/Other Regulatory Filings 84
Other Sources 84
Expert Panel Validation 84
Data Definition 85
Oil and Gas Reserves 85
Units of Measure 85
About GlobalData 86
Disclosure 86
Disclaimer 86

List of Tables
Table 1: VAALCO Energy, Inc., Key Facts 7
Table 2: VAALCO Energy, Inc., Share Price Performance, Q4, 2015-Q4, 2016 8
Table 3: VAALCO Energy, Inc., Key Valuation Metrics, Q4, 2015-Q4, 2016 9
Table 4: VAALCO Energy, Inc., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2015-Q4, 2016 10
Table 5: VAALCO Energy, Inc., Results of Oil & Gas Operations Per boe Growth Rates, %, Q4, 2015-Q4, 2016 11
Table 6: VAALCO Energy, Inc., Upstream Capital Expenditure, Q4, 2015-Q4, 2016 12
Table 7: VAALCO Energy, Inc., Total Crude Oil and Natural Gas, Production, Q4, 2015-Q4, 2016 13
Table 8: VAALCO Energy, Inc., Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2015-Q4, 2016 14
Table 9: VAALCO Energy, Inc., Total Crude Oil Production, mmbbl, Q4, 2015-Q4, 2016 15
Table 10: VAALCO Energy, Inc., Crude Oil Production, By Country/Region, mmbbl, Q4, 2015-Q4, 2016 16
Table 11: VAALCO Energy, Inc., Total Natural Gas Production, bcf, Q4, 2015-Q4, 2016 17
Table 12: VAALCO Energy, Inc., Natural Gas Production, By Country/Region, bcf, Q4, 2015-Q4, 2016 18
Table 13: VAALCO Energy, Inc., Share Price Performance, 2012-2016 19
Table 14: VAALCO Energy, Inc., Key Valuation Metrics, 2012-2016 20
Table 15: VAALCO Energy, Inc., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016 22
Table 16: VAALCO Energy, Inc., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2012-2016 23
Table 17: VAALCO Energy, Inc., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2012-2016 24
Table 18: VAALCO Energy, Inc., Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016 25
Table 19: VAALCO Energy, Inc., Crude Oil Production and Reserves, By Country/Region, mmbbl, 2012-2016 26
Table 20: VAALCO Energy, Inc., Crude Oil Reserve Changes, mmbbl, 2012-2016 27
Table 21: VAALCO Energy, Inc., Natural Gas Production and Reserves Metrics, bcf, 2012-2016 28
Table 22: VAALCO Energy, Inc., Natural Gas Production and Reserves, By Country/Region, bcf, 2012-2016 29
Table 23: VAALCO Energy, Inc., Natural Gas Reserve Changes, bcf, 2012-2016 30
Table 24: VAALCO Energy, Inc., Oil and Gas Reserves Life Index, Years, 2012-2016 31
Table 25: VAALCO Energy, Inc., Oil and Gas Reserves Life Index, By Country/Region, Years, 2012-2016 32
Table 26: VAALCO Energy, Inc., Upstream Capital Expenditure, US$ mil, 2012-2016 33
Table 27: VAALCO Energy, Inc., Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2012-2016 34
Table 28: VAALCO Energy, Inc., Exploration and Development Costs, By Country/Region, US$ mil, 2012-2016 36
Table 29: VAALCO Energy, Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016 38
Table 30: VAALCO Energy, Inc., Oil and Gas Production Replacement Ratio, %, 2012-2016 40
Table 31: VAALCO Energy, Inc., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2012-2016 43
Table 32: VAALCO Energy, Inc., Revenue and Expenses, US$ mil, 2012-2016 45
Table 33: VAALCO Energy, Inc., Revenue and Expenses, By Country/Region, US$ mil, 2012-2016 50
Table 34: VAALCO Energy, Inc., Oil and Gas Revenue and Expenses, US$/boe, 2012-2016 52
Table 35: VAALCO Energy, Inc., Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2012-2016 57
Table 36: VAALCO Energy, Inc., Oil and Gas Performance Metrics, 2012-2016 59
Table 37: VAALCO Energy, Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016 60
Table 38: VAALCO Energy, Inc., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2012-2016 63
Table 39: VAALCO Energy, Inc., Producible Oil and Gas Wells, 2012-2016 64
Table 40: VAALCO Energy, Inc., Producible Oil and Gas Wells, By Country/Region, 2012-2016 69
Table 41: VAALCO Energy, Inc., Exploratory and Developed Wells, 2012-2016 71

List of Figures
Figure 1: VAALCO Energy, Inc., Share Price Performance, USD/Share, Q4, 2015-Q4, 2016 8
Figure 2: VAALCO Energy, Inc., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q4, 2015-Q4, 2016 9
Figure 3: VAALCO Energy, Inc., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2015-Q4, 2016 10
Figure 4: VAALCO Energy, Inc., Upstream Capital Expenditure, US$ mil, Q4, 2015-Q4, 2016 12
Figure 5: VAALCO Energy, Inc., Total Crude Oil and Natural Gas, Production, mmboe, Q4, 2015-Q4, 2016 13
Figure 6: VAALCO Energy, Inc., Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2015-Q4, 2016 14
Figure 7: VAALCO Energy, Inc., Total Crude Oil Production, mmbbl, Q4, 2015-Q4, 2016 15
Figure 8: VAALCO Energy, Inc., Crude Oil Production, By Country/Region, mmbbl, Q4, 2015-Q4, 2016 16
Figure 9: VAALCO Energy, Inc., Total Natural Gas Production, bcf, Q4, 2015-Q4, 2016 17
Figure 10: VAALCO Energy, Inc., Natural Gas Production, By Country/Region, bcf, Q4, 2015-Q4, 2016 18
Figure 11: VAALCO Energy, Inc., Share Price Performance, USD/Share, 2012-2016 19
Figure 12: VAALCO Energy, Inc., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2012-2016 20
Figure 13: VAALCO Energy, Inc., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016 21
Figure 14: VAALCO Energy, Inc., Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2012-2016 23
Figure 15: VAALCO Energy, Inc., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2016 24
Figure 16: VAALCO Energy, Inc., Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016 25
Figure 17: VAALCO Energy, Inc., Oil Reserves, End of Period, By Country/Region, mmbbl, 2012-2016 26
Figure 18: VAALCO Energy, Inc., Crude Oil Reserve Changes, mmbbl, 2016 27
Figure 19: VAALCO Energy, Inc., Natural Gas Production and Reserves Metrics, bcf, 2012-2016 28
Figure 20: VAALCO Energy, Inc., Oil and Gas Reserves Life Index, Years, 2012-2016 31
Figure 21: VAALCO Energy, Inc., Gas Reserve Life Index, By Country/Region, Years, 2012-2016 32
Figure 22: VAALCO Energy, Inc., Upstream Capital Expenditure, US$ mil, 2012-2016 33
Figure 23: VAALCO Energy, Inc., Development Costs, By Country/Region, US$ mil, 2012-2016 35
Figure 24: VAALCO Energy, Inc., Exploration Costs, By Country/Region, US$ mil, 2012-2016 35
Figure 25: VAALCO Energy, Inc., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016 37
Figure 26: VAALCO Energy, Inc., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2012-2016 39
Figure 27: VAALCO Energy, Inc., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2012-2016 42
Figure 28: VAALCO Energy, Inc., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2012-2016 42
Figure 29: VAALCO Energy, Inc., Revenue and Expenses, US$ mil, 2012-2016 44
Figure 30: VAALCO Energy, Inc., Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 46
Figure 31: VAALCO Energy, Inc., Exploration Expenses, By Country/Region, US$ mil, 2012-2016 46
Figure 32: VAALCO Energy, Inc., Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 47
Figure 33: VAALCO Energy, Inc., Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 47
Figure 34: VAALCO Energy, Inc., Oil & Gas Revenue, By Country/Region, US$ mil, 2012-2016 48
Figure 35: VAALCO Energy, Inc., Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 48
Figure 36: VAALCO Energy, Inc., Production Costs, By Country/Region, US$ mil, 2012-2016 49
Figure 37: VAALCO Energy, Inc., Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 49
Figure 38: VAALCO Energy, Inc., Oil and Gas Revenue and Expenses, US$/boe, 2012-2016 52
Figure 39: VAALCO Energy, Inc., Exploration Expenses per boe, By Country/Region, US$/boe, 2012-2016 53
Figure 40: VAALCO Energy, Inc., Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2012-2016 53
Figure 41: VAALCO Energy, Inc., Lifting Cost per boe, By Country/Region, US$/boe, 2012-2016 54
Figure 42: VAALCO Energy, Inc., Annual Net Income per boe, By Country/Region, US$/boe, 2012-2016 54
Figure 43: VAALCO Energy, Inc., Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2012-2016 55
Figure 44: VAALCO Energy, Inc., Total DD&A per boe, By Country/Region, US$/boe, 2012-2016 55
Figure 45: VAALCO Energy, Inc., Total Revenue per boe, By Country/Region, US$/boe, 2012-2016 56
Figure 46: VAALCO Energy, Inc., Oil and Gas Performance Metrics, 2012-2016 59
Figure 47: VAALCO Energy, Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016 60
Figure 48: VAALCO Energy, Inc., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2012-2016 61
Figure 49: VAALCO Energy, Inc., Total Net Undeveloped Acreage, By Country/Region, Acres, 2012-2016 61
Figure 50: VAALCO Energy, Inc., Total Gross Developed Acreage, By Country/Region, Acres, 2012-2016 62
Figure 51: VAALCO Energy, Inc., Total Net Developed Acreage, By Country/Region, Acres, 2012-2016 62
Figure 52: VAALCO Energy, Inc., Producible Oil and Gas Wells, 2012-2016 64
Figure 53: VAALCO Energy, Inc., Gross Productive Gas Wells, By Country/Region, Number, 2012-2016 65
Figure 54: VAALCO Energy, Inc., Gross Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016 65
Figure 55: VAALCO Energy, Inc., Gross Productive Oil Wells, By Country/Region, Number, 2012-2016 66
Figure 56: VAALCO Energy, Inc., Net/Gross Oil & Gas Ratio, By Country/Region, %, 2012-2016 66
Figure 57: VAALCO Energy, Inc., Net Productive Gas Wells, By Country/Region, Number, 2012-2016 67
Figure 58: VAALCO Energy, Inc., Net Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016 67
Figure 59: VAALCO Energy, Inc., Net Productive Oil Wells, By Country/Region, Number, 2012-2016 68
Figure 60: VAALCO Energy, Inc., Exploratory and Developed Wells, 2012-2016 70


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.