Petsec Energy Ltd Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2017
September 2018
66
About the Report
About the Report
Summary
Petsec Energy Ltd 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.
Petsec Energy Ltd (Petsec Energy) is an oil and gas company that offers oil and gas exploration, development, and production. The Company holds interests in two oil and gas production fields located onshore Louisiana, the US in Mystic Bayou and Jeanerette Fields. It provides leases, exploration leases and shale oil. Petsec Energy performs shale oil expertise in North America and offers regional studies and technical evaluation. The company has operations in the shallow waters of Gulf of Mexico and onshore in Louisiana, Texas, California, Utah, Colorado, Wyoming, Montana and North Dakota, the US. It has operations in Australia, the US and the UAE. Petsec Energy is headquartered in Sydney, New South Wales, Australia.
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 6
Key Information 6
Company Overview 6
Petsec Energy Ltd, Valuation and Financial Data 7
Petsec Energy Ltd, Share Price Performance 7
Share Price Performance, Q4, 2016-Q4, 2017 7
Petsec Energy Ltd, Key Valuation Metrics 8
Key Valuation Metrics, Q4, 2016-Q4, 2017 8
Petsec Energy Ltd, Quarterly Results of Oil & Gas Operations Per boe Produced 9
Results of Oil & Gas Operations Per boe Produced, Q4, 2016-Q4, 2017 9
Results of Oil & Gas Operations Per boe Growth Rates, Q4, 2016-Q4, 2017 10
Petsec Energy Ltd, Quarterly E&P Costs Trends 11
Upstream Capital Expenditure, Q4, 2016-Q4, 2017 11
Petsec Energy Ltd, Quarterly Production Trends 13
Petsec Energy Ltd, Total Oil and Gas Production 13
Total Crude Oil and Natural Gas Production Trend, Q4, 2016-Q4, 2017 13
Total Crude Oil & Natural Gas Production, By Country/Region, Q4, 2016-Q4, 2017 15
Petsec Energy Ltd, Natural Gas Production 16
Total Natural Gas Production Trend, Q4, 2016-Q4, 2017 16
Natural Gas Production, By Country/Region, Q4, 2016-Q4, 2017 17
Petsec Energy Ltd, Valuation and Financial Data, 2013-2017 18
Petsec Energy Ltd, Share Price Performance, 2013-2017 18
Key Valuation Metrics, 2013-2017 19
Petsec Energy Ltd, Production and Reserves Trends 20
Total Oil and Gas, Reserves and Production 20
Total Crude Oil and Natural Gas Production and Reserves Trend, 2013-2017 20
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2013-2017 22
Total Crude Oil and Natural Gas Reserve Changes, 2013-2017 23
Crude Oil/Liquids Production and Reserve 24
Crude Oil/Liquids Production and Reserve Trend, 2013-2017 24
Natural Gas Production and Reserve 26
Natural Gas Production and Reserve Trend, 2013-2017 26
Total Crude Oil and Natural Gas Reserves Life Index 28
Total Crude Oil and Natural Gas Reserves Life Index, 2013-2017 28
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2013-2017 29
Petsec Energy Ltd, E&P Costs Trends 30
Allocation of the Upstream Capital Expenditure 30
Upstream Capital Expenditure, 2013-2017 30
Acquisition Costs By Country/Region, 2013-2017 31
Exploration and Development Costs, By Country/Region, 2013-2017 32
Oil and Gas Cost Per boe, USD /boe 33
Oil and Gas Cost Per boe, USD /boe, 2013-2017 33
Oil and Gas Cost Per boe, USD /boe, By Country/Region, 2013-2017 35
Petsec Energy Ltd, Reserve Replacement Ratio 36
Oil and Gas Production Replacement Ratio 36
Oil and Gas Production Replacement Ratio, 2013-2017 36
Petsec Energy Ltd, Results of Oil & Gas Operations Trend 39
Oil and Gas Revenue and Expenses 39
Oil and Gas Revenue and Expenses, 2013-2017 39
Oil and Gas Revenue and Expenses, Per boe 42
Oil and Gas Revenue and Expenses, By boe, 2013-2017 42
Oil and Gas Performance Metrics 47
Recent Developments 48
Petsec Energy Ltd-Recent Developments 48
Jul 25, 2018: Petsec Energy announces contracting of drilling rig for main pass 270 B-2 appraisal/development well on Hummer Gas/Oil Field Gulf of Mexico, USA 48
May 10, 2018: Petsec Energy Announces Main Pass B-2 Appraisal/Development Well On Hummer Gas/Oil Field, Main Pass Blocks 270/273/274 Offshore Louisiana Federal Waters, USA 49
Feb 22, 2018: Petsec Energy Announces Group Oil And Gas Reserves As Of 1 January 2018 50
Dec 20, 2017: Petsec Energy Provides Production Update On Hummer Gas/Oil Field Development, Offshore Louisiana Federal Waters, U.S.A. 51
Nov 23, 2017: Petsec Energy begins production from Hummer field offshore Louisiana 51
Oct 31, 2017: Petsec Energy Provides Update On Hummer Gas/Oil Field Development Platform Deck Facilities Offshore Louisiana Federal Waters, U.S.A 52
Sep 12, 2017: Petsec Energy Provides Update On Hummer Gas/Oil Field Development Offshore Louisiana Federal Waters, U.S.A. 53
Aug 31, 2017: Petsec Energy Reports 2017 Half-Year Report 53
Mar 30, 2017: Petsec Energy Provides Update On Hummer Gas/Oil Field Development Offshore Louisiana Federal Waters, U.S.A. 61
Mar 14, 2017: Petsec Energy Announces Contract for Supply of Oil Tanker Loading Equipment for An Nagyah Oilfield Production Restart 61
Appendix 63
Methodology 63
Coverage 63
Secondary Research 63
Primary Research 64
Data Information Sources 64
Company Source 64
SEC/Other Regulatory Filings 64
Other Sources 64
Expert Panel Validation 64
Data Definition 65
Oil and Gas Reserves 65
Units of Measure 65
About GlobalData 66
Disclosure 66
Disclaimer 66
List of Figure
List of Figures
Figure 1: Petsec Energy Ltd, Share Price Performance, AUD/Share, Q4, 2016-Q4, 2017 7
Figure 2: Petsec Energy Ltd, Key Valuation Metrics, EV/Production (USD /boed), EV/Proved Reserve (USD /boe), Q4, 2016-Q4, 2017 8
Figure 3: Petsec Energy Ltd, Results of Oil & Gas Operations Per boe Produced, USD /boe, Q4, 2016-Q4, 2017 9
Figure 4: Petsec Energy Ltd, Upstream Capital Expenditure, USD mil, Q4, 2016-Q4, 2017 11
Figure 5: Petsec Energy Ltd, Total Crude Oil and Natural Gas, Production, mmboe, Q4, 2016-Q4, 2017 13
Figure 6: Petsec Energy Ltd, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2016-Q4, 2017 15
Figure 7: Petsec Energy Ltd, Total Natural Gas Production, bcf, Q4, 2016-Q4, 2017 16
Figure 8: Petsec Energy Ltd, Natural Gas Production, By Country/Region, bcf, Q4, 2016-Q4, 2017 17
Figure 10: Petsec Energy Ltd, Key Valuation Metrics, EV/Production (USD /boed), EV/Proved Reserve (USD /boe), 2013-2017 19
Figure 11: Petsec Energy Ltd, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017 20
Figure 12: Petsec Energy Ltd, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2013-2017 22
Figure 14: Petsec Energy Ltd, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2017 23
Figure 15: Petsec Energy Ltd, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017 24
Figure 17: Petsec Energy Ltd, Natural Gas Production and Reserves Metrics, bcf, 2013-2017 26
Figure 19: Petsec Energy Ltd, Oil and Gas Reserves Life Index, Years, 2013-2017 28
Figure 20: Petsec Energy Ltd, Oil & Gas Reserve Life Index, By Country/Region, Years, 2013-2017 29
Figure 21: Petsec Energy Ltd, Upstream Capital Expenditure, USD mil, 2013-2017 30
Figure 22: Petsec Energy Ltd, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, 2013-2017 33
Figure 23: Petsec Energy Ltd, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2013-2017 36
Figure 25: Petsec Energy Ltd, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2013-2017 38
Figure 26: Petsec Energy Ltd, Revenue and Expenses, USD mil, 2013-2017 39
Figure 30: Petsec Energy Ltd, Oil and Gas Revenue and Expenses, USD /boe, 2013-2017 42
Figure 32: Petsec Energy Ltd, Oil & Gas Revenue per boe, By Country/Region, USD /boe, 2013-2017 44
Figure 33: Petsec Energy Ltd, Total DD&A per boe, By Country/Region, USD /boe, 2013-2017 44
Figure 34: Petsec Energy Ltd, Total Revenue per boe, By Country/Region, USD /boe, 2013-2017 45
Figure 35: Petsec Energy Ltd, Oil and Gas Performance Metrics, 2013-2017 47
List of Table
List of Tables
Table 1: Petsec Energy Ltd, Key Facts 6
Table 2: Petsec Energy Ltd, Share Price Performance, Q4, 2016-Q4, 2017 7
Table 3: Petsec Energy Ltd, Key Valuation Metrics, Q4, 2016-Q4, 2017 8
Table 4: Petsec Energy Ltd, Results of Oil & Gas Operations Per boe Produced, USD /boe, Q4, 2016-Q4, 2017 9
Table 5: Petsec Energy Ltd, Results of Oil & Gas Operations Per boe Growth Rates, %, Q4, 2016-Q4, 2017 10
Table 6: Petsec Energy Ltd, Upstream Capital Expenditure, Q4, 2016-Q4, 2017 12
Table 7: Petsec Energy Ltd, Total Crude Oil and Natural Gas, Production, Q4, 2016-Q4, 2017 14
Table 8: Petsec Energy Ltd, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2016-Q4, 2017 15
Table 9: Petsec Energy Ltd, Total Natural Gas Production, bcf, Q4, 2016-Q4, 2017 16
Table 10: Petsec Energy Ltd, Natural Gas Production, By Country/Region, bcf, Q4, 2016-Q4, 2017 17
Table 11: Petsec Energy Ltd, Share Price Performance, 2013-2017 18
Table 12: Petsec Energy Ltd, Key Valuation Metrics, 2013-2017 19
Table 13: Petsec Energy Ltd, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017 21
Table 14: Petsec Energy Ltd, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2013-2017 22
Table 15: Petsec Energy Ltd, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2013-2017 23
Table 16: Petsec Energy Ltd, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017 24
Table 17: Petsec Energy Ltd, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2013-2017 25
Table 19: Petsec Energy Ltd, Natural Gas Production and Reserves Metrics, bcf, 2013-2017 26
Table 20: Petsec Energy Ltd, Natural Gas Production and Reserves, By Country/Region, bcf, 2013-2017 27
Table 22: Petsec Energy Ltd, Oil and Gas Reserves Life Index, Years, 2013-2017 28
Table 23: Petsec Energy Ltd, Oil and Gas Reserves Life Index, By Country/Region, Years, 2013-2017 29
Table 24: Petsec Energy Ltd, Upstream Capital Expenditure, USD mil, 2013-2017 30
Table 25: Petsec Energy Ltd, Proved and Unproved Acquisition Costs, By Country/Region, USD mil, 2013-2017 31
Table 26: Petsec Energy Ltd, Exploration and Development Costs, By Country/Region, USD mil, 2013-2017 32
Table 27: Petsec Energy Ltd, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, 2013-2017 34
Table 28: Petsec Energy Ltd, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, By Country/Region, 2013-2017 35
Table 29: Petsec Energy Ltd, Oil and Gas Production Replacement Ratio, %, 2013-2017 37
Table 30: Petsec Energy Ltd, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2013-2017 38
Table 31: Petsec Energy Ltd, Revenue and Expenses, USD mil, 2013-2017 40
Table 32: Petsec Energy Ltd, Revenue and Expenses, By Country/Region, USD mil, 2013-2017 41
Table 33: Petsec Energy Ltd, Oil and Gas Revenue and Expenses, USD /boe, 2013-2017 43
Table 34: Petsec Energy Ltd, Oil and Gas Revenue and Expenses, USD /boe, By Country/Region, 2013-2017 46
Table 35: Petsec Energy Ltd, Oil and Gas Performance Metrics, 2013-2017 47
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