Statoil ASA Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2015

 Published On: May, 2016 |    No of Pages: 92 |  Published By: GlobalData | Format: PDF
Request Free Sample

Summary

Statoil ASA 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 5
List of Figures 6
Company Snapshot 8
Key Information 8
Company Overview 8
Statoil ASA, Valuation and Financial Data 9
Statoil ASA, Share Price Performance 9
Share Price Performance, Q4, 2014-Q4, 2015 9
Statoil ASA, Key Valuation Metrics 10
Key Valuation Metrics, Q4, 2014-Q4, 2015 10
Statoil ASA, Quarterly Results of Oil & Gas Operations Per boe Produced 11
Results of Oil & Gas Operations Per boe Produced, Q4, 2014-Q4, 2015 11
Results of Oil & Gas Operations Per boe Growth Rates, Q4, 2014-Q4, 2015 12
Statoil ASA, Quarterly E&P Costs Trends 13
Upstream Capital Expenditure, Q4, 2014-Q4, 2015 13
Statoil ASA, Quarterly Production Trends 14
Statoil ASA, Total Oil and Gas Production 14
Total Crude Oil and Natural Gas Production Trend, Q4, 2014-Q4, 2015 14
Total Crude Oil & Natural Gas Production, By Country/Region, Q4, 2014-Q4, 2015 15
Statoil ASA, Crude Oil Production 16
Total Crude Oil Production Trend, Q4, 2014-Q4, 2015 16
Crude Oil Production, By Country/Region, Q4, 2014-Q4, 2015 17
Statoil ASA, Natural Gas Production 18
Total Natural Gas Production Trend, Q4, 2014-Q4, 2015 18
Natural Gas Production, By Country/Region, Q4, 2014-Q4, 2015 19
Statoil ASA, Valuation and Financial Data, 2011-2015 20
Statoil ASA, Share Price Performance, 2011-2015 20
Share Price Performance, 2011-2015 20
Key Valuation Metrics, 2011-2015 21
Statoil ASA, Production and Reserves Trends 22
Total Oil and Gas, Reserves and Production 22
Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 22
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 24
Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 26
Crude Oil/Liquids Production and Reserve 27
Crude Oil/Liquids Production and Reserve Trend, 2011-2015 27
Crude Oil Production and Reserves By Country/Region, 2011-2015 28
Crude Oil/Liquids Reserve Changes, 2011-2015 30
Natural Gas Production and Reserve 31
Natural Gas Production and Reserve Trend, 2011-2015 31
Natural Gas Production and Reserves, By Country/Region, 2011-2015 32
Natural Gas Reserve Changes, 2011-2015 34
Total Crude Oil and Natural Gas Reserves Life Index 35
Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 35
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 36
Statoil ASA, E&P Costs Trends 38
Allocation of the Upstream Capital Expenditure 38
Upstream Capital Expenditure, 2011-2015 38
Acquisition Costs By Country/Region, 2011-2015 39
Exploration and Development Costs, By Country/Region, 2011-2015 41
Oil and Gas Cost Per boe, US$/boe 43
Oil and Gas Cost Per boe, US$/boe, 2011-2015 43
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 45
Statoil ASA, Reserve Replacement Ratio 48
Oil and Gas Production Replacement Ratio 48
Oil and Gas Production Replacement Ratio, 2011-2015 48
Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 50
Statoil ASA, Results of Oil & Gas Operations Trend 54
Oil and Gas Revenue and Expenses 54
Oil and Gas Revenue and Expenses, 2011-2015 54
Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 55
Oil and Gas Revenue and Expenses, Per boe 61
Oil and Gas Revenue and Expenses, By boe, 2011-2015 61
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 62
Oil and Gas Performance Metrics 67
Statoil ASA, Land Holdings and Well Data 68
Developed and Undeveloped Acreage 68
Gross and Net Developed and Undeveloped Acreage, 2011-2015 68
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 69
Well Statistics 72
Producible Oil and Gas Well, 2011-2015 72
Producible Oil and Gas Well, By Country/Region, 2011-2015 73
Exploration and Development Wells Drilled, 2011-2015 78
Recent Developments 79
Statoil ASA - Recent Developments 79
Apr 28, 2016: Tullow Oil Provides AGM Trading Update 79
Apr 27, 2016: Statoil Reports Adjusted Earnings Of USD 857 Million In The First Quarter Of 2016 81
Apr 27, 2016: Aker Solutions And ABB Join Forces To Propel And Power Subsea Production 85
Apr 26, 2016: Alterra Power Announces Landmark Deep Drilling Project in Iceland 85
Apr 25, 2016: PDVSA: Venezuela Consolidates The Hydrocarbon Development Of The Hugo Chavez Orinoco Oil Belt 86
Apr 25, 2016: Cathelco desalinators winning customers worldwide 86
Apr 25, 2016: Wood Group Secures Four Statoil Contracts 87
Apr 25, 2016: E.ON to build Arkona offshore wind farm in partnership with Norwegian energy company Statoil 88
Apr 25, 2016: Siemens wins order for offshore wind power plant in the German Baltic Sea 88
Apr 20, 2016: DOF Subsea Contract Awards 89
Appendix 90
Methodology 90
Coverage 90
Secondary Research 90
Primary Research 90
Data Information Sources 91
Company Source 91
SEC/Other Regulatory Filings 91
Other Sources 91
Expert Panel Validation 91
Data Definition 91
Oil and Gas Reserves 91
Units of Measure 92
About GlobalData 92
Disclosure 92
Disclaimer 92

List of Tables
Table 1: Statoil ASA, Key Facts 8
Table 2: Statoil ASA, Share Price Performance, Q4, 2014-Q4, 2015 9
Table 3: Statoil ASA, Key Valuation Metrics, Q4, 2014-Q4, 2015 10
Table 4: Statoil ASA, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2014-Q4, 2015 11
Table 5: Statoil ASA, Results of Oil & Gas Operations Per boe Growth Rates, %, Q4, 2014-Q4, 2015 12
Table 6: Statoil ASA, Upstream Capital Expenditure, Q4, 2014-Q4, 2015 13
Table 7: Statoil ASA, Total Crude Oil and Natural Gas, Production, Q4, 2014-Q4, 2015 14
Table 8: Statoil ASA, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2014-Q4, 2015 15
Table 9: Statoil ASA, Total Crude Oil Production, mmbbl, Q4, 2014-Q4, 2015 16
Table 10: Statoil ASA, Crude Oil Production, By Country/Region, mmbbl, Q4, 2014-Q4, 2015 17
Table 11: Statoil ASA, Total Natural Gas Production, bcf, Q4, 2014-Q4, 2015 18
Table 12: Statoil ASA, Natural Gas Production, By Country/Region, bcf, Q4, 2014-Q4, 2015 19
Table 13: Statoil ASA, Share Price Performance, 2011-2015 20
Table 14: Statoil ASA, Key Valuation Metrics, 2011-2015 21
Table 15: Statoil ASA, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 23
Table 16: Statoil ASA, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 25
Table 17: Statoil ASA, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 26
Table 18: Statoil ASA, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27
Table 19: Statoil ASA, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 29
Table 20: Statoil ASA, Crude Oil Reserve Changes, mmbbl, 2011-2015 30
Table 21: Statoil ASA, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31
Table 22: Statoil ASA, Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 33
Table 23: Statoil ASA, Natural Gas Reserve Changes, bcf, 2011-2015 34
Table 24: Statoil ASA, Oil and Gas Reserves Life Index, Years, 2011-2015 35
Table 25: Statoil ASA, Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 37
Table 26: Statoil ASA, Upstream Capital Expenditure, US$ mil, 2011-2015 38
Table 27: Statoil ASA, Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 40
Table 28: Statoil ASA, Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 42
Table 29: Statoil ASA, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 43
Table 30: Statoil ASA, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 47
Table 31: Statoil ASA, Oil and Gas Production Replacement Ratio, %, 2011-2015 48
Table 32: Statoil ASA, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 53
Table 33: Statoil ASA, Revenue and Expenses, US$ mil, 2011-2015 54
Table 34: Statoil ASA, Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 59
Table 35: Statoil ASA, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 61
Table 36: Statoil ASA, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 65
Table 37: Statoil ASA, Oil and Gas Performance Metrics, 2011-2015 67
Table 38: Statoil ASA, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 68
Table 39: Statoil ASA, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 71
Table 40: Statoil ASA, Producible Oil and Gas Wells, 2011-2015 72
Table 41: Statoil ASA, Producible Oil and Gas Wells, By Country/Region, 2011-2015 76
Table 42: Statoil ASA, Exploratory and Developed Wells, 2011-2015 78

List of Figures
Figure 1: Statoil ASA, Share Price Performance, NOK/Share, Q4, 2014-Q4, 2015 9
Figure 2: Statoil ASA, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q4, 2014-Q4, 2015 10
Figure 3: Statoil ASA, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2014-Q4, 2015 11
Figure 4: Statoil ASA, Upstream Capital Expenditure, US$ mil, Q4, 2014-Q4, 2015 13
Figure 5: Statoil ASA, Total Crude Oil and Natural Gas, Production, mmboe, Q4, 2014-Q4, 2015 14
Figure 6: Statoil ASA, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2014-Q4, 2015 15
Figure 7: Statoil ASA, Total Crude Oil Production, mmbbl, Q4, 2014-Q4, 2015 16
Figure 8: Statoil ASA, Crude Oil Production, By Country/Region, mmbbl, Q4, 2014-Q4, 2015 17
Figure 9: Statoil ASA, Total Natural Gas Production, bcf, Q4, 2014-Q4, 2015 18
Figure 10: Statoil ASA, Natural Gas Production, By Country/Region, bcf, Q4, 2014-Q4, 2015 19
Figure 11: Statoil ASA, Share Price Performance, NOK/Share, 2011-2015 20
Figure 12: Statoil ASA, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 21
Figure 13: Statoil ASA, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22
Figure 14: Statoil ASA, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 24
Figure 15: Statoil ASA, Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 24
Figure 16: Statoil ASA, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 26
Figure 17: Statoil ASA, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27
Figure 18: Statoil ASA, Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 28
Figure 19: Statoil ASA, Oil Production, By Country/Region, mmbbl, 2011-2015 28
Figure 20: Statoil ASA, Crude Oil Reserve Changes, mmbbl, 2015 30
Figure 21: Statoil ASA, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31
Figure 22: Statoil ASA, Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 32
Figure 23: Statoil ASA, Gas Production, By Country/Region, bcf, 2011-2015 32
Figure 24: Statoil ASA, Natural Gas Reserve Changes, bcf, 2015 34
Figure 25: Statoil ASA, Oil and Gas Reserves Life Index, Years, 2011-2015 35
Figure 26: Statoil ASA, Gas Reserve Life Index, By Country/Region, Years, 2011-2015 36
Figure 27: Statoil ASA, Oil & Gas Reserve Life Index, By Country/Region, Years, 2011-2015 36
Figure 28: Statoil ASA, Oil Reserve Life Index, By Country/Region, Years, 2011-2015 37
Figure 29: Statoil ASA, Upstream Capital Expenditure, US$ mil, 2011-2015 38
Figure 30: Statoil ASA, Proved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39
Figure 31: Statoil ASA, Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39
Figure 32: Statoil ASA, Development Costs, By Country/Region, US$ mil, 2011-2015 41
Figure 33: Statoil ASA, Exploration Costs, By Country/Region, US$ mil, 2011-2015 41
Figure 34: Statoil ASA, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 43
Figure 35: Statoil ASA, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45
Figure 36: Statoil ASA, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45
Figure 37: Statoil ASA, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 46
Figure 38: Statoil ASA, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 48
Figure 39: Statoil ASA, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 50
Figure 40: Statoil ASA, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 50
Figure 41: Statoil ASA, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 51
Figure 42: Statoil ASA, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 51
Figure 43: Statoil ASA, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 52
Figure 44: Statoil ASA, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 52
Figure 45: Statoil ASA, Revenue and Expenses, US$ mil, 2011-2015 54
Figure 46: Statoil ASA, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 55
Figure 47: Statoil ASA, Exploration Expenses, By Country/Region, US$ mil, 2011-2015 55
Figure 48: Statoil ASA, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 56
Figure 49: Statoil ASA, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 56
Figure 50: Statoil ASA, Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 57
Figure 51: Statoil ASA, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 57
Figure 52: Statoil ASA, Production Costs, By Country/Region, US$ mil, 2011-2015 58
Figure 53: Statoil ASA, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 58
Figure 54: Statoil ASA, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 61
Figure 55: Statoil ASA, Exploration Expenses per boe, By Country/Region, US$/boe, 2011-2015 62
Figure 56: Statoil ASA, Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2011-2015 62
Figure 57: Statoil ASA, Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 63
Figure 58: Statoil ASA, Annual Net Income per boe, By Country/Region, US$/boe, 2011-2015 63
Figure 59: Statoil ASA, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 64
Figure 60: Statoil ASA, Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 64
Figure 61: Statoil ASA, Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 65
Figure 62: Statoil ASA, Oil and Gas Performance Metrics, 2011-2015 67
Figure 63: Statoil ASA, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 68
Figure 64: Statoil ASA, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 69
Figure 65: Statoil ASA, Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 69
Figure 66: Statoil ASA, Total Gross Developed Acreage, By Country/Region, Acres, 2011-2015 70
Figure 67: Statoil ASA, Total Net Developed Acreage, By Country/Region, Acres, 2011-2015 70
Figure 68: Statoil ASA, Producible Oil and Gas Wells, 2011-2015 72
Figure 69: Statoil ASA, Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 73
Figure 70: Statoil ASA, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 73
Figure 71: Statoil ASA, Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 74
Figure 72: Statoil ASA, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 74
Figure 73: Statoil ASA, Net Productive Gas Wells, By Country/Region, Number, 2011-2015 75
Figure 74: Statoil ASA, Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 75
Figure 75: Statoil ASA, Net Productive Oil Wells, By Country/Region, Number, 2011-2015 76
Figure 76: Statoil ASA, Exploratory and Developed Wells, 2011-2015 78


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.