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

 Published On: Jun, 2017 |    No of Pages: 100 |  Published By: GlobalData | Format: PDF
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Summary

Linn 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
Linn Energy Inc, Valuation and Financial Data 8
Linn Energy Inc, Share Price Performance 8
Share Price Performance, Q4, 2015-Q4, 2016 8
Linn Energy Inc, Key Valuation Metrics 9
Key Valuation Metrics, Q4, 2015-Q4, 2016 9
Linn 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
Linn Energy Inc, Quarterly E&P Costs Trends 12
Upstream Capital Expenditure, Q4, 2015-Q4, 2016 12
Linn Energy Inc, Quarterly Production Trends 13
Linn 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 15
Linn Energy Inc, Crude Oil Production 16
Total Crude Oil Production Trend, Q4, 2015-Q4, 2016 16
Crude Oil Production, By Country/Region, Q4, 2015-Q4, 2016 17
Linn Energy Inc, Natural Gas Production 18
Total Natural Gas Production Trend, Q4, 2015-Q4, 2016 18
Natural Gas Production, By Country/Region, Q4, 2015-Q4, 2016 19
Linn Energy Inc, Valuation and Financial Data, 2012-2016 20
Linn Energy Inc, Share Price Performance, 2012-2016 20
Share Price Performance, 2012-2016 20
Key Valuation Metrics, 2012-2016 21
Linn Energy Inc, Production and Reserves Trends 22
Total Oil and Gas, Reserves and Production 22
Total Crude Oil and Natural Gas Production and Reserves Trend, 2012-2016 22
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2012-2016 24
Total Crude Oil and Natural Gas Reserve Changes, 2012-2016 26
Crude Oil/Liquids Production and Reserve 27
Crude Oil/Liquids Production and Reserve Trend, 2012-2016 27
Crude Oil Production and Reserves By Country/Region, 2012-2016 28
Crude Oil/Liquids Reserve Changes, 2012-2016 30
Natural Gas Production and Reserve 31
Natural Gas Production and Reserve Trend, 2012-2016 31
Natural Gas Production and Reserves, By Country/Region, 2012-2016 32
Natural Gas Reserve Changes, 2012-2016 34
Total Crude Oil and Natural Gas Reserves Life Index 35
Total Crude Oil and Natural Gas Reserves Life Index, 2012-2016 35
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2012-2016 36
Linn Energy Inc, E&P Costs Trends 38
Allocation of the Upstream Capital Expenditure 38
Upstream Capital Expenditure, 2012-2016 38
Acquisition Costs By Country/Region, 2012-2016 39
Exploration and Development Costs, By Country/Region, 2012-2016 41
Oil and Gas Cost Per boe, US$/boe 43
Oil and Gas Cost Per boe, US$/boe, 2012-2016 43
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2012-2016 45
Linn Energy Inc, Reserve Replacement Ratio 47
Oil and Gas Production Replacement Ratio 47
Oil and Gas Production Replacement Ratio, 2012-2016 47
Oil and Gas Production Replacement Ratio, By Country/Region, 2012-2016 50
Linn Energy Inc, Results of Oil & Gas Operations Trend 54
Oil and Gas Revenue and Expenses 54
Oil and Gas Revenue and Expenses, 2012-2016 54
Oil and Gas Revenue and Expenses, By Country/Region, 2012-2016 56
Oil and Gas Revenue and Expenses, Per boe 60
Oil and Gas Revenue and Expenses, By boe, 2012-2016 60
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2012-2016 61
Oil and Gas Performance Metrics 64
Linn Energy Inc, Land Holdings and Well Data 65
Developed and Undeveloped Acreage 65
Gross and Net Developed and Undeveloped Acreage, 2012-2016 65
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2012-2016 66
Well Statistics 69
Producible Oil and Gas Well, 2012-2016 69
Producible Oil and Gas Well, By Country/Region, 2012-2016 70
Exploration and Development Wells Drilled, 2012-2016 75
Recent Developments 77
Linn Energy Inc - Recent Developments 77
Jun 01, 2017: LINN Energy Announces Amendment To Credit Agreement 77
May 11, 2017: LINN Energy Reports First-Quarter 2017 Results 78
Apr 10, 2017: LINN Energy Announces Listing On OTCQB Market 80
Mar 23, 2017: LINN Energy Reports Fourth Quarter And Full Year 2016 Results Along With 2017 Guidance 80
Feb 28, 2017: LINN Energy Successfully Completes Financial Restructuring 85
May 23, 2016: LINN Energy And LinnCo Receive NASDAQ Delisting Notification 86
May 13, 2016: LINN Energy, LinnCo And Berry Petroleum Receive Court Approval Of First Day Motions To Support Business 86
May 11, 2016: LINN Energy, LinnCo And Berry Petroleum Enter Restructuring Support Agreement With First Lien Lenders 87
Apr 15, 2016: LINN Energy Announces Payment Of Interest Due Under Certain Senior Notes; Provides Update On Strategic Alternatives Process; Enters Into Amendments To Credit Facilities 88
Mar 15, 2016: LINN Energy Announces Fourth Quarter And Full-Year 2015 Results; Announces 2016 Outlook 89
Appendix 96
Methodology 96
Coverage 96
Secondary Research 96
Primary Research 97
Data Information Sources 97
Company Source 97
SEC/Other Regulatory Filings 97
Other Sources 97
Expert Panel Validation 97
Data Definition 98
Oil and Gas Reserves 98
Units of Measure 98
About GlobalData 99
Disclosure 99
Disclaimer 99

List of Tables
Table 1: Linn Energy Inc, Key Facts 7
Table 2: Linn Energy Inc, Share Price Performance, Q4, 2015-Q4, 2016 8
Table 3: Linn Energy Inc, Key Valuation Metrics, Q4, 2015-Q4, 2016 9
Table 4: Linn Energy Inc, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2015-Q4, 2016 10
Table 5: Linn Energy Inc, Results of Oil & Gas Operations Per boe Growth Rates, %, Q4, 2015-Q4, 2016 11
Table 6: Linn Energy Inc, Upstream Capital Expenditure, Q4, 2015-Q4, 2016 12
Table 7: Linn Energy Inc, Total Crude Oil and Natural Gas, Production, Q4, 2015-Q4, 2016 13
Table 8: Linn Energy Inc, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2015-Q4, 2016 15
Table 9: Linn Energy Inc, Total Crude Oil Production, mmbbl, Q4, 2015-Q4, 2016 16
Table 10: Linn Energy Inc, Crude Oil Production, By Country/Region, mmbbl, Q4, 2015-Q4, 2016 17
Table 11: Linn Energy Inc, Total Natural Gas Production, bcf, Q4, 2015-Q4, 2016 18
Table 12: Linn Energy Inc, Natural Gas Production, By Country/Region, bcf, Q4, 2015-Q4, 2016 19
Table 13: Linn Energy Inc, Share Price Performance, 2012-2016 20
Table 14: Linn Energy Inc, Key Valuation Metrics, 2012-2016 21
Table 15: Linn Energy Inc, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016 23
Table 16: Linn Energy Inc, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2012-2016 25
Table 17: Linn Energy Inc, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2012-2016 26
Table 18: Linn Energy Inc, Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016 27
Table 19: Linn Energy Inc, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2012-2016 29
Table 20: Linn Energy Inc, Crude Oil Reserve Changes, mmbbl, 2012-2016 30
Table 21: Linn Energy Inc, Natural Gas Production and Reserves Metrics, bcf, 2012-2016 31
Table 22: Linn Energy Inc, Natural Gas Production and Reserves, By Country/Region, bcf, 2012-2016 33
Table 23: Linn Energy Inc, Natural Gas Reserve Changes, bcf, 2012-2016 34
Table 24: Linn Energy Inc, Oil and Gas Reserves Life Index, Years, 2012-2016 35
Table 25: Linn Energy Inc, Oil and Gas Reserves Life Index, By Country/Region, Years, 2012-2016 37
Table 26: Linn Energy Inc, Upstream Capital Expenditure, US$ mil, 2012-2016 38
Table 27: Linn Energy Inc, Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2012-2016 40
Table 28: Linn Energy Inc, Exploration and Development Costs, By Country/Region, US$ mil, 2012-2016 42
Table 29: Linn Energy Inc, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016 44
Table 30: Linn Energy Inc, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2012-2016 46
Table 31: Linn Energy Inc, Oil and Gas Production Replacement Ratio, %, 2012-2016 48
Table 32: Linn Energy Inc, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2012-2016 53
Table 33: Linn Energy Inc, Revenue and Expenses, US$ mil, 2012-2016 55
Table 34: Linn Energy Inc, Revenue and Expenses, By Country/Region, US$ mil, 2012-2016 59
Table 35: Linn Energy Inc, Oil and Gas Revenue and Expenses, US$/boe, 2012-2016 60
Table 36: Linn Energy Inc, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2012-2016 63
Table 37: Linn Energy Inc, Oil and Gas Performance Metrics, 2012-2016 64
Table 38: Linn Energy Inc, Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016 65
Table 39: Linn Energy Inc, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2012-2016 68
Table 40: Linn Energy Inc, Producible Oil and Gas Wells, 2012-2016 69
Table 41: Linn Energy Inc, Producible Oil and Gas Wells, By Country/Region, 2012-2016 74
Table 42: Linn Energy Inc, Exploratory and Developed Wells, 2012-2016 76

List of Figures
Figure 1: Linn Energy Inc, Share Price Performance, USD/Share, Q4, 2015-Q4, 2016 8
Figure 2: Linn Energy Inc, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q4, 2015-Q4, 2016 9
Figure 3: Linn Energy Inc, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2015-Q4, 2016 10
Figure 4: Linn Energy Inc, Upstream Capital Expenditure, US$ mil, Q4, 2015-Q4, 2016 12
Figure 5: Linn Energy Inc, Total Crude Oil and Natural Gas, Production, mmboe, Q4, 2015-Q4, 2016 13
Figure 6: Linn Energy Inc, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2015-Q4, 2016 15
Figure 7: Linn Energy Inc, Total Crude Oil Production, mmbbl, Q4, 2015-Q4, 2016 16
Figure 8: Linn Energy Inc, Crude Oil Production, By Country/Region, mmbbl, Q4, 2015-Q4, 2016 17
Figure 9: Linn Energy Inc, Total Natural Gas Production, bcf, Q4, 2015-Q4, 2016 18
Figure 10: Linn Energy Inc, Natural Gas Production, By Country/Region, bcf, Q4, 2015-Q4, 2016 19
Figure 11: Linn Energy Inc, Share Price Performance, USD/Share, 2012-2016 20
Figure 12: Linn Energy Inc, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2012-2016 21
Figure 13: Linn Energy Inc, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016 22
Figure 14: Linn Energy Inc, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2012-2016 24
Figure 15: Linn Energy Inc, Total Oil & Gas Production, By Country/Region, mmboe, 2012-2016 24
Figure 16: Linn Energy Inc, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2016 26
Figure 17: Linn Energy Inc, Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016 27
Figure 18: Linn Energy Inc, Oil Reserves, End of Period, By Country/Region, mmbbl, 2012-2016 28
Figure 19: Linn Energy Inc, Oil Production, By Country/Region, mmbbl, 2012-2016 28
Figure 20: Linn Energy Inc, Crude Oil Reserve Changes, mmbbl, 2016 30
Figure 21: Linn Energy Inc, Natural Gas Production and Reserves Metrics, bcf, 2012-2016 31
Figure 22: Linn Energy Inc, Gas Reserves, End of Period, By Country/Region, bcf, 2012-2016 32
Figure 23: Linn Energy Inc, Gas Production, By Country/Region, bcf, 2012-2016 32
Figure 24: Linn Energy Inc, Natural Gas Reserve Changes, bcf, 2016 34
Figure 25: Linn Energy Inc, Oil and Gas Reserves Life Index, Years, 2012-2016 35
Figure 26: Linn Energy Inc, Gas Reserve Life Index, By Country/Region, Years, 2012-2016 36
Figure 27: Linn Energy Inc, Oil & Gas Reserve Life Index, By Country/Region, Years, 2012-2016 36
Figure 28: Linn Energy Inc, Oil Reserve Life Index, By Country/Region, Years, 2012-2016 37
Figure 29: Linn Energy Inc, Upstream Capital Expenditure, US$ mil, 2012-2016 38
Figure 30: Linn Energy Inc, Proved Acquisition Costs, By Country/Region, US$ mil, 2012-2016 39
Figure 31: Linn Energy Inc, Unproved Acquisition Costs, By Country/Region, US$ mil, 2012-2016 39
Figure 32: Linn Energy Inc, Development Costs, By Country/Region, US$ mil, 2012-2016 41
Figure 33: Linn Energy Inc, Exploration Costs, By Country/Region, US$ mil, 2012-2016 41
Figure 34: Linn Energy Inc, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016 43
Figure 35: Linn Energy Inc, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 45
Figure 36: Linn Energy Inc, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 45
Figure 37: Linn Energy Inc, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 46
Figure 38: Linn Energy Inc, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2012-2016 47
Figure 39: Linn Energy Inc, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2012-2016 50
Figure 40: Linn Energy Inc, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2012-2016 50
Figure 41: Linn Energy Inc, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2012-2016 51
Figure 42: Linn Energy Inc, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2012-2016 51
Figure 43: Linn Energy Inc, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2012-2016 52
Figure 44: Linn Energy Inc, Revenue and Expenses, US$ mil, 2012-2016 54
Figure 45: Linn Energy Inc, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 56
Figure 46: Linn Energy Inc, Exploration Expenses, By Country/Region, US$ mil, 2012-2016 56
Figure 47: Linn Energy Inc, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 57
Figure 48: Linn Energy Inc, Oil & Gas Revenue, By Country/Region, US$ mil, 2012-2016 57
Figure 49: Linn Energy Inc, Production Costs, By Country/Region, US$ mil, 2012-2016 58
Figure 50: Linn Energy Inc, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 58
Figure 51: Linn Energy Inc, Oil and Gas Revenue and Expenses, US$/boe, 2012-2016 60
Figure 52: Linn Energy Inc, Lifting Cost per boe, By Country/Region, US$/boe, 2012-2016 61
Figure 53: Linn Energy Inc, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2012-2016 61
Figure 54: Linn Energy Inc, Total DD&A per boe, By Country/Region, US$/boe, 2012-2016 62
Figure 55: Linn Energy Inc, Total Revenue per boe, By Country/Region, US$/boe, 2012-2016 62
Figure 56: Linn Energy Inc, Oil and Gas Performance Metrics, 2012-2016 64
Figure 57: Linn Energy Inc, Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016 65
Figure 58: Linn Energy Inc, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2012-2016 66
Figure 59: Linn Energy Inc, Total Net Undeveloped Acreage, By Country/Region, Acres, 2012-2016 66
Figure 60: Linn Energy Inc, Total Gross Developed Acreage, By Country/Region, Acres, 2012-2016 67
Figure 61: Linn Energy Inc, Total Net Developed Acreage, By Country/Region, Acres, 2012-2016 67
Figure 62: Linn Energy Inc, Producible Oil and Gas Wells, 2012-2016 69
Figure 63: Linn Energy Inc, Gross Productive Gas Wells, By Country/Region, Number, 2012-2016 70
Figure 64: Linn Energy Inc, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016 70
Figure 65: Linn Energy Inc, Gross Productive Oil Wells, By Country/Region, Number, 2012-2016 71
Figure 66: Linn Energy Inc, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2012-2016 71
Figure 67: Linn Energy Inc, Net Productive Gas Wells, By Country/Region, Number, 2012-2016 72
Figure 68: Linn Energy Inc, Net Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016 72
Figure 69: Linn Energy Inc, Net Productive Oil Wells, By Country/Region, Number, 2012-2016 73
Figure 70: Linn Energy Inc, Exploratory and Developed Wells, 2012-2016 75


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