Athabasca Oil Corporation Oil & Gas Exploration and Production Operations and Cost Analysis - Q2, 2015

 Published On: Oct, 2015 |    No of Pages: 90 |  Published By: GlobalData | Format: PDF
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Summary

Athabasca Oil 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
Athabasca Oil Corporation, Valuation and Financial Data 9
Athabasca Oil Corporation, Share Price Performance 9
Share Price Performance, Q2, 2014-Q2, 2015 9
Athabasca Oil Corporation, Key Valuation Metrics 10
Key Valuation Metrics, Q2, 2014-Q2, 2015 10
Athabasca Oil Corporation, Quarterly Results of Oil & Gas Operations Per boe Produced 11
Results of Oil & Gas Operations Per boe Produced, Q2, 2014-Q2, 2015 11
Results of Oil & Gas Operations Per boe Growth Rates, Q2, 2014-Q2, 2015 12
Athabasca Oil Corporation, Quarterly E&P Costs Trends 13
Upstream Capital Expenditure, Q2, 2014-Q2, 2015 13
Athabasca Oil Corporation, Quarterly Production Trends 14
Athabasca Oil Corporation, Total Oil and Gas Production 14
Total Crude Oil and Natural Gas Production Trend, Q2, 2014-Q2, 2015 14
Total Crude Oil & Natural Gas Production, By Country/Region, Q2, 2014-Q2, 2015 15
Athabasca Oil Corporation, Crude Oil Production 16
Total Crude Oil Production Trend, Q2, 2014-Q2, 2015 16
Crude Oil Production, By Country/Region, Q2, 2014-Q2, 2015 17
Athabasca Oil Corporation, Natural Gas Production 18
Total Natural Gas Production Trend, Q2, 2014-Q2, 2015 18
Natural Gas Production, By Country/Region, Q2, 2014-Q2, 2015 19
Athabasca Oil Corporation, Valuation and Financial Data, 2010-2014 20
Athabasca Oil Corporation, Share Price Performance, 2010-2014 20
Share Price Performance, 2010-2014 20
Key Valuation Metrics, 2010-2014 21
Athabasca Oil Corporation, Production and Reserves Trends 22
Total Oil and Gas, Reserves and Production 22
Total Crude Oil and Natural Gas Production and Reserves Trend, 2010-2014 22
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2010-2014 24
Total Crude Oil and Natural Gas Reserve Changes, 2010-2014 26
Crude Oil/Liquids Production and Reserve 27
Crude Oil/Liquids Production and Reserve Trend, 2010-2014 27
Crude Oil Production and Reserves By Country/Region, 2010-2014 28
Crude Oil/Liquids Reserve Changes, 2010-2014 30
Natural Gas Production and Reserve 31
Natural Gas Production and Reserve Trend, 2010-2014 31
Natural Gas Production and Reserves, By Country/Region, 2010-2014 32
Natural Gas Reserve Changes, 2010-2014 34
Total Crude Oil and Natural Gas Reserves Life Index 35
Total Crude Oil and Natural Gas Reserves Life Index, 2010-2014 35
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2010-2014 36
Athabasca Oil Corporation, E&P Costs Trends 38
Allocation of the Upstream Capital Expenditure 38
Upstream Capital Expenditure, 2010-2014 38
Acquisition Costs By Country/Region, 2010-2014 39
Exploration and Development Costs, By Country/Region, 2010-2014 40
Oil and Gas Cost Per boe, US$/boe 42
Oil and Gas Cost Per boe, US$/boe, 2010-2014 42
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2010-2014 43
Athabasca Oil Corporation, Reserve Replacement Ratio 45
Oil and Gas Production Replacement Ratio 45
Oil and Gas Production Replacement Ratio, 2010-2014 45
Oil and Gas Production Replacement Ratio, By Country/Region, 2010-2014 47
Athabasca Oil Corporation, Results of Oil & Gas Operations Trend 51
Oil and Gas Revenue and Expenses 51
Oil and Gas Revenue and Expenses, 2010-2014 51
Oil and Gas Revenue and Expenses, By Country/Region, 2010-2014 52
Oil and Gas Revenue and Expenses, Per boe 57
Oil and Gas Revenue and Expenses, By boe, 2010-2014 57
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2010-2014 58
Oil and Gas Performance Metrics 62
Athabasca Oil Corporation, Land Holdings and Well Data 63
Developed and Undeveloped Acreage 63
Gross and Net Developed and Undeveloped Acreage, 2010-2014 63
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2010-2014 64
Well Statistics 66
Producible Oil and Gas Well, 2010-2014 66
Producible Oil and Gas Well, By Country/Region, 2010-2014 67
Exploration and Development Wells Drilled, 2010-2014 71
Exploration and Development Wells Drilled, By Country/Region, 2010-2014 72
Recent Developments 73
Athabasca Oil Corporation - Recent Developments 73
Sep 28, 2015: Athabasca Oil Provides Operations Update 73
Aug 10, 2015: Alliance Pipeline Force Majeure Results In Temporary Production Reduction At Greater Kaybob 73
Jul 30, 2015: Athabasca Oil Reports Second Quarter 2015 Financial And Operating Results 73
Jul 15, 2015: Nanometrics: New Induced Seismicity Monitoring Network In The Duvernay Zone 77
May 12, 2015: Athabasca Oil Reports First Quarter 2015 Financial And Operating Results 77
Mar 17, 2015: Athabasca Oil Announces Executive Changes And Cost Initiatives Update 81
Mar 16, 2015: Athabasca Oil Announces Director Resignation 82
Mar 12, 2015: Athabasca Oil Announces 2014 Year-End Results And Reserves 82
Jan 07, 2015: Athabasca Oil Announces Board Of Directors Appointments And Executive Promotion 86
Dec 02, 2014: Athabasca Oil Announces Initial 2015 Capital Budget 87
Appendix 88
Methodology 88
Coverage 88
Secondary Research 88
Primary Research 88
Data Information Sources 89
Company Source 89
SEC/Other Regulatory Filings 89
Other Sources 89
Expert Panel Validation 89
Data Definition 89
Oil and Gas Reserves 89
Units of Measure 90
About GlobalData 90
Disclosure 90
Disclaimer 90

List of Tables
Table 1: Athabasca Oil Corporation, Key Facts 8
Table 2: Athabasca Oil Corporation, Share Price Performance, Q2, 2014-Q2, 2015 9
Table 3: Athabasca Oil Corporation, Key Valuation Metrics, Q2, 2014-Q2, 2015 10
Table 4: Athabasca Oil Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q2, 2014-Q2, 2015 11
Table 5: Athabasca Oil Corporation, Results of Oil & Gas Operations Per boe Growth Rates, %, Q2, 2014-Q2, 2015 12
Table 6: Athabasca Oil Corporation, Upstream Capital Expenditure, Q2, 2014-Q2, 2015 13
Table 7: Athabasca Oil Corporation, Total Crude Oil and Natural Gas, Production, Q2, 2014-Q2, 2015 14
Table 8: Athabasca Oil Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q2, 2014-Q2, 2015 15
Table 9: Athabasca Oil Corporation, Total Crude Oil Production, mmbbl, Q2, 2014-Q2, 2015 16
Table 10: Athabasca Oil Corporation, Crude Oil Production, By Country/Region, mmbbl, Q2, 2014-Q2, 2015 17
Table 11: Athabasca Oil Corporation, Total Natural Gas Production, bcf, Q2, 2014-Q2, 2015 18
Table 12: Athabasca Oil Corporation, Natural Gas Production, By Country/Region, bcf, Q2, 2014-Q2, 2015 19
Table 13: Athabasca Oil Corporation, Share Price Performance, 2010-2014 20
Table 14: Athabasca Oil Corporation, Key Valuation Metrics, 2010-2014 21
Table 15: Athabasca Oil Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2010-2014 23
Table 16: Athabasca Oil Corporation, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2010-2014 25
Table 17: Athabasca Oil Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2010-2014 26
Table 18: Athabasca Oil Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2010-2014 27
Table 19: Athabasca Oil Corporation, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2010-2014 29
Table 20: Athabasca Oil Corporation, Crude Oil Reserve Changes, mmbbl, 2010-2014 30
Table 21: Athabasca Oil Corporation, Natural Gas Production and Reserves Metrics, bcf, 2010-2014 31
Table 22: Athabasca Oil Corporation, Natural Gas Production and Reserves, By Country/Region, bcf, 2010-2014 33
Table 23: Athabasca Oil Corporation, Natural Gas Reserve Changes, bcf, 2010-2014 34
Table 24: Athabasca Oil Corporation, Oil and Gas Reserves Life Index, Years, 2010-2014 35
Table 25: Athabasca Oil Corporation, Oil and Gas Reserves Life Index, By Country/Region, Years, 2010-2014 37
Table 26: Athabasca Oil Corporation, Upstream Capital Expenditure, US$ mil, 2010-2014 38
Table 27: Athabasca Oil Corporation, Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2010-2014 39
Table 28: Athabasca Oil Corporation, Exploration and Development Costs, By Country/Region, US$ mil, 2010-2014 41
Table 29: Athabasca Oil Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2010-2014 42
Table 30: Athabasca Oil Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2010-2014 44
Table 31: Athabasca Oil Corporation, Oil and Gas Production Replacement Ratio, %, 2010-2014 46
Table 32: Athabasca Oil Corporation, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2010-2014 50
Table 33: Athabasca Oil Corporation, Revenue and Expenses, US$ mil, 2010-2014 51
Table 34: Athabasca Oil Corporation, Revenue and Expenses, By Country/Region, US$ mil, 2010-2014 56
Table 35: Athabasca Oil Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2010-2014 57
Table 36: Athabasca Oil Corporation, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2010-2014 61
Table 37: Athabasca Oil Corporation, Oil and Gas Performance Metrics, 2010-2014 62
Table 38: Athabasca Oil Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2010-2014 63
Table 39: Athabasca Oil Corporation, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2010-2014 65
Table 40: Athabasca Oil Corporation, Producible Oil and Gas Wells, 2010-2014 66
Table 41: Athabasca Oil Corporation, Producible Oil and Gas Wells, By Country/Region, 2010-2014 70
Table 42: Athabasca Oil Corporation, Exploratory and Developed Wells, 2010-2014 71
Table 43: Athabasca Oil Corporation, Exploratory and Developed Wells, By Country/Region, 2010-2014 72

List of Figures
Figure 1: Athabasca Oil Corporation, Share Price Performance, CAD/Share, Q2, 2014-Q2, 2015 9
Figure 2: Athabasca Oil Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q2, 2014-Q2, 2015 10
Figure 3: Athabasca Oil Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q2, 2014-Q2, 2015 11
Figure 4: Athabasca Oil Corporation, Upstream Capital Expenditure, US$ mil, Q2, 2014-Q2, 2015 13
Figure 5: Athabasca Oil Corporation, Total Crude Oil and Natural Gas, Production, mmboe, Q2, 2014-Q2, 2015 14
Figure 6: Athabasca Oil Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q2, 2014-Q2, 2015 15
Figure 7: Athabasca Oil Corporation, Total Crude Oil Production, mmbbl, Q2, 2014-Q2, 2015 16
Figure 8: Athabasca Oil Corporation, Crude Oil Production, By Country/Region, mmbbl, Q2, 2014-Q2, 2015 17
Figure 9: Athabasca Oil Corporation, Total Natural Gas Production, bcf, Q2, 2014-Q2, 2015 18
Figure 10: Athabasca Oil Corporation, Natural Gas Production, By Country/Region, bcf, Q2, 2014-Q2, 2015 19
Figure 11: Athabasca Oil Corporation, Share Price Performance, CAD/Share, 2010-2014 20
Figure 12: Athabasca Oil Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2010-2014 21
Figure 13: Athabasca Oil Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2010-2014 22
Figure 14: Athabasca Oil Corporation, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2010-2014 24
Figure 15: Athabasca Oil Corporation, Total Oil & Gas Production, By Country/Region, mmboe, 2010-2014 24
Figure 16: Athabasca Oil Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2014 26
Figure 17: Athabasca Oil Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2010-2014 27
Figure 18: Athabasca Oil Corporation, Oil Reserves, End of Period, By Country/Region, mmbbl, 2010-2014 28
Figure 19: Athabasca Oil Corporation, Oil Production, By Country/Region, mmbbl, 2010-2014 28
Figure 20: Athabasca Oil Corporation, Crude Oil Reserve Changes, mmbbl, 2014 30
Figure 21: Athabasca Oil Corporation, Natural Gas Production and Reserves Metrics, bcf, 2010-2014 31
Figure 22: Athabasca Oil Corporation, Gas Reserves, End of Period, By Country/Region, bcf, 2010-2014 32
Figure 23: Athabasca Oil Corporation, Gas Production, By Country/Region, bcf, 2010-2014 32
Figure 24: Athabasca Oil Corporation, Natural Gas Reserve Changes, bcf, 2014 34
Figure 25: Athabasca Oil Corporation, Oil and Gas Reserves Life Index, Years, 2010-2014 35
Figure 26: Athabasca Oil Corporation, Gas Reserve Life Index, By Country/Region, Years, 2010-2014 36
Figure 27: Athabasca Oil Corporation, Oil & Gas Reserve Life Index, By Country/Region, Years, 2010-2014 36
Figure 28: Athabasca Oil Corporation, Oil Reserve Life Index, By Country/Region, Years, 2010-2014 37
Figure 29: Athabasca Oil Corporation, Upstream Capital Expenditure, US$ mil, 2010-2014 38
Figure 30: Athabasca Oil Corporation, Unproved Acquisition Costs, By Country/Region, US$ mil, 2010-2014 39
Figure 31: Athabasca Oil Corporation, Development Costs, By Country/Region, US$ mil, 2010-2014 40
Figure 32: Athabasca Oil Corporation, Exploration Costs, By Country/Region, US$ mil, 2010-2014 40
Figure 33: Athabasca Oil Corporation, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2010-2014 42
Figure 34: Athabasca Oil Corporation, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2010-2014 43
Figure 35: Athabasca Oil Corporation, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2010-2014 43
Figure 36: Athabasca Oil Corporation, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2010-2014 44
Figure 37: Athabasca Oil Corporation, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2010-2014 45
Figure 38: Athabasca Oil Corporation, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2010-2014 47
Figure 39: Athabasca Oil Corporation, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2010-2014 47
Figure 40: Athabasca Oil Corporation, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2010-2014 48
Figure 41: Athabasca Oil Corporation, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2010-2014 48
Figure 42: Athabasca Oil Corporation, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2010-2014 49
Figure 43: Athabasca Oil Corporation, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2010-2014 49
Figure 44: Athabasca Oil Corporation, Revenue and Expenses, US$ mil, 2010-2014 51
Figure 45: Athabasca Oil Corporation, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2010-2014 52
Figure 46: Athabasca Oil Corporation, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2010-2014 52
Figure 47: Athabasca Oil Corporation, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2010-2014 53
Figure 48: Athabasca Oil Corporation, Oil & Gas Revenue, By Country/Region, US$ mil, 2010-2014 53
Figure 49: Athabasca Oil Corporation, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2010-2014 54
Figure 50: Athabasca Oil Corporation, Production Costs, By Country/Region, US$ mil, 2010-2014 54
Figure 51: Athabasca Oil Corporation, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2010-2014 55
Figure 52: Athabasca Oil Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2010-2014 57
Figure 53: Athabasca Oil Corporation, Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2010-2014 58
Figure 54: Athabasca Oil Corporation, Lifting Cost per boe, By Country/Region, US$/boe, 2010-2014 58
Figure 55: Athabasca Oil Corporation, Annual Net Income per boe, By Country/Region, US$/boe, 2010-2014 59
Figure 56: Athabasca Oil Corporation, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2010-2014 59
Figure 57: Athabasca Oil Corporation, Total DD&A per boe, By Country/Region, US$/boe, 2010-2014 60
Figure 58: Athabasca Oil Corporation, Total Revenue per boe, By Country/Region, US$/boe, 2010-2014 60
Figure 59: Athabasca Oil Corporation, Oil and Gas Performance Metrics, 2010-2014 62
Figure 60: Athabasca Oil Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2010-2014 63
Figure 61: Athabasca Oil Corporation, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2010-2014 64
Figure 62: Athabasca Oil Corporation, Total Net Undeveloped Acreage, By Country/Region, Acres, 2010-2014 64
Figure 63: Athabasca Oil Corporation, Producible Oil and Gas Wells, 2010-2014 66
Figure 64: Athabasca Oil Corporation, Gross Productive Gas Wells, By Country/Region, Number, 2010-2014 67
Figure 65: Athabasca Oil Corporation, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2010-2014 67
Figure 66: Athabasca Oil Corporation, Gross Productive Oil Wells, By Country/Region, Number, 2010-2014 68
Figure 67: Athabasca Oil Corporation, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2010-2014 68
Figure 68: Athabasca Oil Corporation, Net Productive Gas Wells, By Country/Region, Number, 2010-2014 69
Figure 69: Athabasca Oil Corporation, Net Productive Oil & Gas Wells, By Country/Region, Number, 2010-2014 69
Figure 70: Athabasca Oil Corporation, Net Productive Oil Wells, By Country/Region, Number, 2010-2014 70
Figure 71: Athabasca Oil Corporation, Exploratory and Developed Wells, 2010-2014 71


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