Norwegian Energy Company ASA Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2015

 Published On: Sep, 2015 |    No of Pages: 47 |  Published By: GlobalData | Format: PDF
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Summary

Norwegian Energy Company 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 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 companiesí 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 competitorsí 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 4
List of Figures 5
Company Snapshot 6
Key Information 6
Company Overview 6
Norwegian Energy Company ASA, Valuation and Financial Data 7
Norwegian Energy Company ASA, Share Price Performance 7
Share Price Performance, Q1, 2014-Q1, 2015 7
Norwegian Energy Company ASA, Key Valuation Metrics 8
Key Valuation Metrics, Q1, 2014-Q1, 2015 8
Norwegian Energy Company ASA, Quarterly Results of Oil & Gas Operations Per boe Produced 9
Results of Oil & Gas Operations Per boe Produced, Q1, 2014-Q1, 2015 9
Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2014-Q1, 2015 10
Norwegian Energy Company ASA, Quarterly E&P Costs Trends 11
Upstream Capital Expenditure, Q1, 2014-Q1, 2015 11
Norwegian Energy Company ASA, Quarterly Production Trends 12
Norwegian Energy Company ASA, Total Oil and Gas Production 12
Total Crude Oil and Natural Gas Production Trend, Q1, 2014-Q1, 2015 12
Norwegian Energy Company ASA, Valuation and Financial Data, 2010-2014 13
Norwegian Energy Company ASA, Share Price Performance, 2010-2014 13
Share Price Performance, 2010-2014 13
Key Valuation Metrics, 2010-2014 14
Norwegian Energy Company ASA, Production and Reserves Trends 15
Total Oil and Gas, Reserves and Production 15
Total Crude Oil and Natural Gas Production and Reserves Trend, 2010-2014 15
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2010-2014 16
Total Crude Oil and Natural Gas Reserve Changes, 2010-2014 17
Crude Oil/Liquids Production and Reserve 18
Crude Oil/Liquids Production and Reserve Trend, 2010-2014 18
Crude Oil Production and Reserves By Country/Region, 2010-2014 19
Crude Oil/Liquids Reserve Changes, 2010-2014 20
Natural Gas Production and Reserve 21
Natural Gas Production and Reserve Trend, 2010-2014 21
Natural Gas Production and Reserves, By Country/Region, 2010-2014 22
Natural Gas Reserve Changes, 2010-2014 23
Total Crude Oil and Natural Gas Reserves Life Index 24
Total Crude Oil and Natural Gas Reserves Life Index, 2010-2014 24
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2010-2014 25
Norwegian Energy Company ASA, E&P Costs Trends 26
Allocation of the Upstream Capital Expenditure 26
Upstream Capital Expenditure, 2010-2014 26
Exploration and Development Costs, By Country/Region, 2010-2014 27
Oil and Gas Cost Per boe, US$/boe 29
Oil and Gas Cost Per boe, US$/boe, 2010-2014 29
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2010-2014 30
Norwegian Energy Company ASA, Reserve Replacement Ratio 31
Oil and Gas Production Replacement Ratio 31
Oil and Gas Production Replacement Ratio, 2010-2014 31
Oil and Gas Production Replacement Ratio, By Country/Region, 2010-2014 32
Norwegian Energy Company ASA, Results of Oil & Gas Operations Trend 34
Oil and Gas Revenue and Expenses 34
Oil and Gas Revenue and Expenses, 2010-2014 34
Oil and Gas Revenue and Expenses, By Country/Region, 2010-2014 35
Oil and Gas Revenue and Expenses, Per boe 37
Oil and Gas Revenue and Expenses, By boe, 2010-2014 37
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2010-2014 38
Oil and Gas Performance Metrics 39
Recent Developments 40
Norwegian Energy Company ASA - Recent Developments 40
Aug 27, 2015: Noreco Announces Second Quarter 2015 Results 40
Aug 07, 2015: Norwegian Energy: Production July 2015 40
Jul 20, 2015: Noreco Norway Announces Dry Haribo Well 41
Jul 07, 2015: Noreco: Production June 2015 41
Jul 01, 2015: Noreco Norway Announces Redundancies 42
Jun 25, 2015: Noreco: Niobe Exploration Well Dry 42
Jun 08, 2015: Noreco: Niobe Exploration Well Spudded 42
Jun 04, 2015: Noreco Announces Production Update For May-2015 43
May 31, 2015: Noreco Announces First Quarter 2015 Results And Completion Of Financial Restructuring 43
Appendix 45
Methodology 45
Coverage 45
Secondary Research 45
Primary Research 45
Data Information Sources 46
Company Source 46
SEC/Other Regulatory Filings 46
Other Sources 46
Expert Panel Validation 46
Data Definition 46
Oil and Gas Reserves 46
Units of Measure 47
About GlobalData 47
Disclosure 47
Disclaimer 47

List of Tables
Table 1: Norwegian Energy Company ASA, Key Facts 6
Table 2: Norwegian Energy Company ASA, Share Price Performance, Q1, 2014-Q1, 2015 7
Table 3: Norwegian Energy Company ASA, Key Valuation Metrics, Q1, 2014-Q1, 2015 8
Table 4: Norwegian Energy Company ASA, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2014-Q1, 2015 9
Table 5: Norwegian Energy Company ASA, Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2014-Q1, 2015 10
Table 6: Norwegian Energy Company ASA, Upstream Capital Expenditure, Q1, 2014-Q1, 2015 11
Table 7: Norwegian Energy Company ASA, Total Crude Oil and Natural Gas, Production, Q1, 2014-Q1, 2015 12
Table 8: Norwegian Energy Company ASA, Share Price Performance, 2010-2014 13
Table 9: Norwegian Energy Company ASA, Key Valuation Metrics, 2010-2014 14
Table 10: Norwegian Energy Company ASA, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2010-2014 15
Table 11: Norwegian Energy Company ASA, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2010-2014 16
Table 12: Norwegian Energy Company ASA, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2010-2014 17
Table 13: Norwegian Energy Company ASA, Crude Oil Production and Reserves Metrics, mmbbl, 2010-2014 18
Table 14: Norwegian Energy Company ASA, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2010-2014 19
Table 15: Norwegian Energy Company ASA, Crude Oil Reserve Changes, mmbbl, 2010-2014 20
Table 16: Norwegian Energy Company ASA, Natural Gas Production and Reserves Metrics, bcf, 2010-2014 21
Table 17: Norwegian Energy Company ASA, Natural Gas Production and Reserves, By Country/Region, bcf, 2010-2014 22
Table 18: Norwegian Energy Company ASA, Natural Gas Reserve Changes, bcf, 2010-2014 23
Table 19: Norwegian Energy Company ASA, Oil and Gas Reserves Life Index, Years, 2010-2014 24
Table 20: Norwegian Energy Company ASA, Oil and Gas Reserves Life Index, By Country/Region, Years, 2010-2014 25
Table 21: Norwegian Energy Company ASA, Upstream Capital Expenditure, US$ mil, 2010-2014 26
Table 22: Norwegian Energy Company ASA, Exploration and Development Costs, By Country/Region, US$ mil, 2010-2014 28
Table 23: Norwegian Energy Company ASA, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2010-2014 29
Table 24: Norwegian Energy Company ASA, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2010-2014 30
Table 25: Norwegian Energy Company ASA, Oil and Gas Production Replacement Ratio, %, 2010-2014 31
Table 26: Norwegian Energy Company ASA, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2010-2014 33
Table 27: Norwegian Energy Company ASA, Revenue and Expenses, US$ mil, 2010-2014 34
Table 28: Norwegian Energy Company ASA, Revenue and Expenses, By Country/Region, US$ mil, 2010-2014 36
Table 29: Norwegian Energy Company ASA, Oil and Gas Revenue and Expenses, US$/boe, 2010-2014 37
Table 30: Norwegian Energy Company ASA, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2010-2014 38
Table 31: Norwegian Energy Company ASA, Oil and Gas Performance Metrics, 2010-2014 39

List of Figures
Figure 1: Norwegian Energy Company ASA, Share Price Performance, NOK/Share, Q1, 2014-Q1, 2015 7
Figure 2: Norwegian Energy Company ASA, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2014-Q1, 2015 8
Figure 3: Norwegian Energy Company ASA, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2014-Q1, 2015 9
Figure 4: Norwegian Energy Company ASA, Upstream Capital Expenditure, US$ mil, Q1, 2014-Q1, 2015 11
Figure 5: Norwegian Energy Company ASA, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2014-Q1, 2015 12
Figure 6: Norwegian Energy Company ASA, Share Price Performance, NOK/Share, 2010-2014 13
Figure 7: Norwegian Energy Company ASA, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2010-2014 14
Figure 8: Norwegian Energy Company ASA, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2010-2014 15
Figure 9: Norwegian Energy Company ASA, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2010-2014 16
Figure 10: Norwegian Energy Company ASA, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2014 17
Figure 11: Norwegian Energy Company ASA, Oil Reserves, End of Period, By Country/Region, mmbbl, 2010-2014 19
Figure 12: Norwegian Energy Company ASA, Crude Oil Reserve Changes, mmbbl, 2014 20
Figure 13: Norwegian Energy Company ASA, Gas Reserves, End of Period, By Country/Region, bcf, 2010-2014 22
Figure 14: Norwegian Energy Company ASA, Natural Gas Reserve Changes, bcf, 2014 23
Figure 15: Norwegian Energy Company ASA, Oil & Gas Reserve Life Index, By Country/Region, Years, 2010-2014 25
Figure 16: Norwegian Energy Company ASA, Upstream Capital Expenditure, US$ mil, 2010-2014 26
Figure 17: Norwegian Energy Company ASA, Development Costs, By Country/Region, US$ mil, 2010-2014 27
Figure 18: Norwegian Energy Company ASA, Exploration Costs, By Country/Region, US$ mil, 2010-2014 27
Figure 19: Norwegian Energy Company ASA, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2010-2014 29
Figure 20: Norwegian Energy Company ASA, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2010-2014 31
Figure 21: Norwegian Energy Company ASA, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2010-2014 32
Figure 22: Norwegian Energy Company ASA, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2010-2014 32
Figure 23: Norwegian Energy Company ASA, Revenue and Expenses, US$ mil, 2010-2014 34
Figure 24: Norwegian Energy Company ASA, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2010-2014 35
Figure 25: Norwegian Energy Company ASA, Oil & Gas Revenue, By Country/Region, US$ mil, 2010-2014 35
Figure 26: Norwegian Energy Company ASA, Oil and Gas Revenue and Expenses, US$/boe, 2010-2014 37
Figure 27: Norwegian Energy Company ASA, Oil and Gas Performance Metrics, 2010-2014 39


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