Crew Energy Inc Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2017
September 2018
121
About the Report
About the Report
Summary
Crew 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.
Crew Energy Inc (Crew Energy) is an exploration and production company that offers our long-term production and development of crude oil and natural gas resources. The company offers exploration, development, strategic acquisitions, operations, management, and production programs. It operates oil and natural gas fields in Montney, Northeast British Columbia. Crew Energy's Montney area assets comprise Groundbirch, Attachie, Septimus, Portage, West Septimus, and Tower. The company owns and operates oil wells, water disposal sites, oil processing facilities, and others. It also operates its oil assets in Alberta, British Columbia and Lloydminster asset in the Saskatchewan. Crew Energy is headquartered in Calgary, Alberta, Canada.
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 (USD boe/d) and EV/Proved Reserve (USD /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.
Products
Products
Reserves, Production, Acquisition Costs, Development Costs, Exploration Costs, Total Costs Incurred, Acreage, Well, Price, Oil Reserves, Gas Reserves, Total Oil & Gas Reserves, Oil Production, Gas Production, Total Oil & Gas Production, F&D Costs Per boe, Reserve Replacement Ratio
Table of Contents
Table of Contents
Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Company Snapshot 7
Key Information 7
Company Overview 7
Crew Energy Inc, Valuation and Financial Data 8
Crew Energy Inc, Share Price Performance 8
Share Price Performance, Q4, 2016-Q4, 2017 8
Crew Energy Inc, Key Valuation Metrics 9
Key Valuation Metrics, Q4, 2016-Q4, 2017 9
Crew Energy Inc, Quarterly Results of Oil & Gas Operations Per boe Produced 10
Results of Oil &Gas Operations Per boe Produced, Q4, 2016-Q4, 2017 10
Results of Oil & Gas Operations Per boe Growth Rates, Q4, 2016-Q4, 2017 11
Crew Energy Inc, Quarterly E&P Costs Trends 12
Upstream Capital Expenditure, Q4, 2016-Q4, 2017 12
Crew Energy Inc, Quarterly Production Trends 14
Crew Energy Inc, Total Oil and Gas Production 14
Total Crude Oil and Natural Gas Production Trend, Q4, 2016-Q4, 2017 14
Total Crude Oil & Natural Gas Production, By Country/Region, Q4, 2016-Q4, 2017 15
Crew Energy Inc, Crude Oil Production 16
Total Crude Oil Production Trend, Q4, 2016-Q4, 2017 16
Crude Oil Production, By Country/Region, Q4, 2016-Q4, 2017 17
Crew Energy Inc, Natural Gas Production 18
Total Natural Gas Production Trend, Q4, 2016-Q4, 2017 18
Natural Gas Production, By Country/Region, Q4, 2016-Q4, 2017 19
Crew Energy Inc, Valuation and Financial Data, 2013-2017 20
Crew Energy Inc, Share Price Performance, 2013-2017 20
Share Price Performance, 2013-2017 20
Key Valuation Metrics, 2013-2017 22
Crew Energy Inc, Production and Reserves Trends 23
Total Oil and Gas, Reserves and Production 23
Total Crude Oil and Natural Gas Production and Reserves Trend, 2013-2017 23
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2013-2017 25
Total Crude Oil and Natural Gas Reserve Changes, 2013-2017 27
Crude Oil/Liquids Production and Reserve 28
Crude Oil/Liquids Production and Reserve Trend, 2013-2017 28
Crude Oil Production and Reserves By Country/Region, 2013-2017 30
Crude Oil/Liquids Reserve Changes, 2013-2017 32
Natural Gas Production and Reserve 33
Natural Gas Production and Reserve Trend, 2013-2017 33
Natural Gas Production and Reserves, By Country/Region, 2013-2017 35
Natural Gas Reserve Changes, 2013-2017 37
Total Crude Oil and Natural Gas Reserves Life Index 38
Total Crude Oil and Natural Gas Reserves Life Index, 2013-2017 38
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2013-2017 39
Crew Energy Inc, E&P Costs Trends 42
Allocation of the Upstream Capital Expenditure 42
Upstream Capital Expenditure, 2013-2017 42
Acquisition Costs By Country/Region, 2013-2017 44
Exploration and Development Costs, By Country/Region, 2013-2017 46
Oil and Gas Cost Per boe, USD /boe 48
Oil and Gas Cost Per boe, USD /boe, 2013-2017 48
Oil and Gas Cost Per boe, USD /boe, By Country/Region, 2013-2017 50
Crew Energy Inc, Reserve Replacement Ratio 53
Oil and Gas Production Replacement Ratio 53
Oil and Gas Production Replacement Ratio, 2013-2017 53
Oil and Gas Production Replacement Ratio, By Country/Region, 2013-2017 56
Crew Energy Inc, Results of Oil & Gas Operations Trend 61
Oil and Gas Revenue and Expenses 61
Oil and Gas Revenue and Expenses, 2013-2017 61
Oil and Gas Revenue and Expenses, By Country/Region, 2013-2017 63
Oil and Gas Revenue and Expenses, Per boe 67
Oil and Gas Revenue and Expenses, By boe, 2013-2017 67
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2013-2017 68
Oil and Gas Performance Metrics 72
Crew Energy Inc, Land Holdings and Well Data 73
Developed and Undeveloped Acreage 73
Gross and Net Developed and Undeveloped Acreage, 2013-2017 73
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2013-2017 75
Well Statistics 78
Producible Oil and Gas Well, 2013-2017 78
Producible Oil and Gas Well, By Country/Region, 2013-2017 80
Exploration and Development Wells Drilled, 2013-2017 86
Exploration and Development Wells Drilled, By Country/Region, 2013-2017 88
Recent Developments 89
Crew Energy Inc-Recent Developments 89
Aug 01, 2018: Crew Energy announces second quarter 2018 financial and operating results 89
May 24, 2018: Crew Energy Announces Annual Meeting Results for Election of Directors 93
May 10, 2018: Crew Energy Announces First Quarter 2018 Financial And Operating Results 94
May 10, 2018: Crew Energy Announces First Quarter 2018 Financial And Operating Results 98
Mar 01, 2018: Crew Energy Announces Fourth Quarter And Full Year 2017 Financial And Operating Results And Executive Appointment 102
Feb 08, 2018: Crew Energy Announces 2018 Capital Budget And Strong 2017 Reserves Growth 107
Jan 09, 2018: Crew Energy Announces Executive Appointments 110
Dec 19, 2017: Crew Energy Provides Update On Timing Of 2018 Capital Budget 111
Nov 02, 2017: Crew Energy Announces Third Quarter 2017 Financial And Operating Results 111
Oct 12, 2017: Crew Energy Announces Executive Change 117
Appendix 118
Methodology 118
Coverage 118
Secondary Research 118
Primary Research 119
Data Information Sources 119
Company Source 119
SEC/Other Regulatory Filings 119
Other Sources 119
Expert Panel Validation 119
Data Definition 120
Oil and Gas Reserves 120
Units of Measure 120
About GlobalData 121
Disclosure 121
Disclaimer 121
List of Figure
List of Figures
Figure 1: Crew Energy Inc, Share Price Performance, CAD/Share, Q4, 2016-Q4, 2017 8
Figure 2: Crew Energy Inc, Key Valuation Metrics, EV/Production (USD /boed), EV/Proved Reserve (USD /boe), Q4, 2016-Q4, 2017 9
Figure 3: Crew Energy Inc, Results of Oil & Gas Operations Per boe Produced, USD /boe, Q4, 2016-Q4, 2017 10
Figure 4: Crew Energy Inc, Upstream Capital Expenditure, USD mil, Q4, 2016-Q4, 2017 12
Figure 5: Crew Energy Inc, Total Natural Gas Production, bcf, Q4, 2016-Q4, 2017 18
Figure 6: Crew Energy Inc, Natural Gas Production, By Country/Region, bcf, Q4, 2016-Q4, 2017 19
Figure 7: Crew Energy Inc, Share Price Performance, CAD/Share, 2013-2017 20
Figure 8: Crew Energy Inc, Key Valuation Metrics, EV/Production (USD /boed), EV/Proved Reserve (USD /boe), 2013-2017 22
Figure 9: Crew Energy Inc, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017 23
Figure 10: Crew Energy Inc, Total Oil &Gas Reserves, End of Period, By Country/Region, mmboe, 2013-2017 25
Figure 11: Crew Energy Inc, Total Oil & Gas Production, By Country/Region, mmboe, 2013-2017 25
Figure 12: Crew Energy Inc, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017 28
Figure 13: Crew Energy Inc, Oil Reserves, End of Period, By Country/Region, mmbbl, 2013-2017 30
Figure 14: Crew Energy Inc, Oil Production, By Country/Region, mmbbl, 2013-2017 30
Figure 15: Crew Energy Inc, Natural Gas Production and Reserves Metrics, bcf, 2013-2017 33
Figure 16: Crew Energy Inc, Gas Reserves, End of Period, By Country/Region, bcf, 2013-2017 35
Figure 17: Crew Energy Inc, Gas Production, By Country/Region, bcf, 2013-2017 35
Figure 18: Crew Energy Inc, Oil and Gas Reserves Life Index, Years, 2013-2017 38
Figure 19: Crew Energy Inc, Gas Reserve Life Index, By Country/Region, Years, 2013-2017 39
Figure 20: Crew Energy Inc, Oil & Gas Reserve Life Index, By Country/Region, Years, 2013-2017 39
Figure 21: Crew Energy Inc, Oil Reserve Life Index, By Country/Region, Years, 2013-2017 40
Figure 22: Crew Energy Inc, Upstream Capital Expenditure, USD mil, 2013-2017 42
Figure 23: Crew Energy Inc, Proved Acquisition Costs, By Country/Region, USD mil, 2013-2017 44
Figure 24: Crew Energy Inc, Unproved Acquisition Costs, By Country/Region, USD mil, 2013-2017 44
Figure 25: Crew Energy Inc, Development Costs, By Country/Region, USD mil, 2013-2017 46
Figure 26: Crew Energy Inc, Exploration Costs, By Country/Region, USD mil, 2013-2017 46
Figure 27: Crew Energy Inc, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, 2013-2017 48
Figure 28: Crew Energy Inc, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 50
Figure 29: Crew Energy Inc, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 50
Figure 30: Crew Energy Inc, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 51
Figure 31: Crew Energy Inc, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2013-2017 53
Figure 32: Crew Energy Inc, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2013-2017 56
Figure 33: Crew Energy Inc, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2013-2017 56
Figure 34: Crew Energy Inc, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2013-2017 57
Figure 35: Crew Energy Inc, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2013-2017 58
Figure 36: Crew Energy Inc, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2013-2017 58
Figure 37: Crew Energy Inc, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2013-2017 59
Figure 38: Crew Energy Inc, Revenue and Expenses, USD mil, 2013-2017 61
Figure 39: Crew Energy Inc, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 63
Figure 40: Crew Energy Inc, Oil & Gas Revenue, By Country/Region, USD mil, 2013-2017 63
Figure 41: Crew Energy Inc, Production Costs, By Country/Region, USD mil, 2013-2017 64
Figure 42: Crew Energy Inc, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 65
Figure 43: Crew Energy Inc, Oil and Gas Revenue and Expenses, USD /boe, 2013-2017 67
Figure 44: Crew Energy Inc, Lifting Cost per boe, By Country/Region, USD /boe, 2013-2017 68
Figure 45: Crew Energy Inc, Oil & Gas Revenue per boe, By Country/Region, USD /boe, 2013-2017 68
Figure 46: Crew Energy Inc, Total DD&A per boe, By Country/Region, USD /boe, 2013-2017 69
Figure 47: Crew Energy Inc, Total Revenue per boe, By Country/Region, USD /boe, 2013-2017 70
Figure 48: Crew Energy Inc, Oil and Gas Performance Metrics, 2013-2017 72
Figure 49: Crew Energy Inc, Land Holdings (Developed and Undeveloped Acreage), Acres, 2013-2017 73
Figure 50: Crew Energy Inc, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2013-2017 75
Figure 51: Crew Energy Inc, Total Net Undeveloped Acreage, By Country/Region, Acres, 2013-2017 75
Figure 52: Crew Energy Inc, Total Gross Developed Acreage, By Country/Region, Acres, 2013-2017 76
Figure 53: Crew Energy Inc, Total Net Developed Acreage, By Country/Region, Acres, 2013-2017 77
Figure 54: Crew Energy Inc, Producible Oil and Gas Wells, 2013-2017 78
Figure 55: Crew Energy Inc, Gross Productive Gas Wells, By Country/Region, Number, 2013-2017 80
Figure 56: Crew Energy Inc, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2013-2017 80
Figure 57: Crew Energy Inc, Gross Productive Oil Wells, By Country/Region, Number, 2013-2017 81
Figure 58: Crew Energy Inc, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2013-2017 82
Figure 59: Crew Energy Inc, Net Productive Gas Wells, By Country/Region, Number, 2013-2017 82
Figure 60: Crew Energy Inc, Net Productive Oil & Gas Wells, By Country/Region, Number, 2013-2017 83
Figure 61: Crew Energy Inc, Net Productive Oil Wells, By Country/Region, Number, 2013-2017 84
Figure 62: Crew Energy Inc, Exploratory and Developed Wells, 2013-2017 86
List of Table
List of Tables
Table 1: Crew Energy Inc, Key Facts 7
Table 2: Crew Energy Inc, Share Price Performance, Q4, 2016-Q4, 2017 8
Table 3: Crew Energy Inc, Key Valuation Metrics, Q4, 2016-Q4, 2017 9
Table 4: Crew Energy Inc, Results of Oil & Gas Operations Per boe Produced, USD /boe, Q4, 2016-Q4, 2017 10
Table 5: Crew Energy Inc, Results of Oil & Gas Operations Per boe Growth Rates, %, Q4, 2016-Q4, 2017 11
Table 6: Crew Energy Inc, Upstream Capital Expenditure, Q4, 2016-Q4, 2017 13
Table 7: Crew Energy Inc, Total Crude Oil and Natural Gas, Production, Q4, 2016-Q4, 2017 14
Table 8: Crew Energy Inc, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2016-Q4, 2017 15
Table 9: Crew Energy Inc, Total Crude Oil Production, mmbbl, Q4, 2016-Q4, 2017 16
Table 10: Crew Energy Inc, Crude Oil Production, By Country/Region, mmbbl, Q4, 2016-Q4, 2017 17
Table 11: Crew Energy Inc, Total Natural Gas Production, bcf, Q4, 2016-Q4, 2017 18
Table 12: Crew Energy Inc, Natural Gas Production, By Country/Region, bcf, Q4, 2016-Q4, 2017 19
Table 13: Crew Energy Inc, Share Price Performance, 2013-2017 21
Table 14: Crew Energy Inc, Key Valuation Metrics, 2013-2017 22
Table 15: Crew Energy Inc, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017 24
Table 16: Crew Energy Inc, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2013-2017 26
Table 17: Crew Energy Inc, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2013-2017 27
Table 18: Crew Energy Inc, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017 29
Table 19: Crew Energy Inc, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2013-2017 31
Table 20: Crew Energy Inc, Crude Oil Reserve Changes, mmbbl, 2013-2017 32
Table 21: Crew Energy Inc, Natural Gas Production and Reserves Metrics, bcf, 2013-2017 34
Table 22: Crew Energy Inc, Natural Gas Production and Reserves, By Country/Region, bcf, 2013-2017 36
Table 23: Crew Energy Inc, Natural Gas Reserve Changes, bcf, 2013-2017 37
Table 24: Crew Energy Inc, Oil and Gas Reserves Life Index, Years, 2013-2017 38
Table 25: Crew Energy Inc, Oil and Gas Reserves Life Index, By Country/Region, Years, 2013-2017 41
Table 26: Crew Energy Inc, Upstream Capital Expenditure, USD mil, 2013-2017 43
Table 27: Crew Energy Inc, Proved and Unproved Acquisition Costs, By Country/Region, USD mil, 2013-2017 45
Table 28: Crew Energy Inc, Exploration and Development Costs, By Country/Region, USD mil, 2013-2017 47
Table 29: Crew Energy Inc, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, 2013-2017 49
Table 30: Crew Energy Inc, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, By Country/Region, 2013-2017 52
Table 31: Crew Energy Inc, Oil and Gas Production Replacement Ratio, %, 2013-2017 54
Table 32: Crew Energy Inc, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2013-2017 60
Table 33: Crew Energy Inc, Revenue and Expenses, USD mil, 2013-2017 62
Table 34: Crew Energy Inc, Revenue and Expenses, By Country/Region, USD mil, 2013-2017 66
Table 35: Crew Energy Inc, Oil and Gas Revenue and Expenses, USD /boe, 2013-2017 67
Table 36: Crew Energy Inc, Oil and Gas Revenue and Expenses, USD /boe, By Country/Region, 2013-2017 71
Table 37: Crew Energy Inc, Oil and Gas Performance Metrics, 2013-2017 72
Table 38: Crew Energy Inc, Land Holdings (Developed and Undeveloped Acreage), Acres, 2013-2017 74
Table 39: Crew Energy Inc, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2013-2017 77
Table 40: Crew Energy Inc, Producible Oil and Gas Wells, 2013-2017 79
Table 41: Crew Energy Inc, Producible Oil and Gas Wells, By Country/Region, 2013-2017 85
Table 42: Crew Energy Inc, Exploratory and Developed Wells, 2013-2017 87
Table 43: Crew Energy Inc, Exploratory and Developed Wells, By Country/Region, 2013-2017 88
Why Buy From US?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.