PTT Public Co Ltd Oil & Gas Exploration and Production Operations and Cost Analysis - 2017
November 2018
94
About the Report
About the Report
PTT Public Co Ltd Oil & Gas Exploration and Production Operations and Cost Analysis-2017
Summary
PTT Public Co 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.
PTT Public Co Ltd (PTT) is a state-owned integrated national oil and gas, and petrochemical company. It operates in oil and natural gas, coal, power, and infrastructure businesses. The company carries out oil and natural gas exploration and production; oil refining; procurement, processing, transmission, distribution and marketing of natural gas; petrochemical production; storage and distribution of petroleum products. PTT also conducts oil marketing and international trading. The company has interests in refineries, oil and gas terminals and gas separation plants. It distributes and markets petroleum products through a network of service stations and commercial market. PTT is headquartered in Chatuchak, Bangkok, Thailand.
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
PTT Public Co Ltd, Valuation and Financial Data, 2013-2017 8
PTT Public Co Ltd, Share Price Performance, 2013-2017 8
Share Price Performance, 2013-2017 8
Key Valuation Metrics, 2013-2017 10
PTT Public Co Ltd, Production and Reserves Trends 11
Total Oil and Gas, Reserves and Production 11
Total Crude Oil and Natural Gas Production and Reserves Trend, 2013-2017 11
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2013-2017 13
Total Crude Oil and Natural Gas Reserve Changes, 2013-2017 15
Crude Oil/Liquids Production and Reserve 17
Crude Oil/Liquids Production and Reserve Trend, 2013-2017 17
Crude Oil Production and Reserves By Country/Region, 2013-2017 18
Crude Oil/Liquids Reserve Changes, 2013-2017 19
Natural Gas Production and Reserve 20
Natural Gas Production and Reserve Trend, 2013-2017 20
Natural Gas Production and Reserves, By Country/Region, 2013-2017 21
Natural Gas Reserve Changes, 2013-2017 22
Total Crude Oil and Natural Gas Reserves Life Index 23
Total Crude Oil and Natural Gas Reserves Life Index, 2013-2017 23
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2013-2017 24
PTT Public Co Ltd, E&P Costs Trends 27
Allocation of the Upstream Capital Expenditure 27
Upstream Capital Expenditure, 2013-2017 27
Acquisition Costs By Country/Region, 2013-2017 29
Exploration and Development Costs, By Country/Region, 2013-2017 31
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
PTT Public Co Ltd, Reserve Replacement Ratio 39
Oil and Gas Production Replacement Ratio 39
Oil and Gas Production Replacement Ratio, 2013-2017 39
Oil and Gas Production Replacement Ratio, By Country/Region, 2013-2017 42
PTT Public Co Ltd, Results of Oil & Gas Operations Trend 49
Oil and Gas Revenue and Expenses 49
Oil and Gas Revenue and Expenses, 2013-2017 49
Oil and Gas Revenue and Expenses, By Country/Region, 2013-2017 51
Oil and Gas Revenue and Expenses, Per boe 61
Oil and Gas Revenue and Expenses, By boe, 2013-2017 61
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2013-2017 63
Oil and Gas Performance Metrics 71
Well Statistics 72
Producible Oil and Gas Well, 2013-2017 72
Producible Oil and Gas Well, By Country/Region, 2013-2017 74
Exploration and Development Wells Drilled, 2013-2017 83
Exploration and Development Wells Drilled, By Country/Region, 2013-2017 85
Recent Developments 87
PTT Public Co Ltd-Recent Developments 87
Sep 07, 2018: PTT Public Company announces appointment of Chairman of Board 87
Sep 07, 2018: PTT Public Company announces appointment of Chairman of Board 87
Sep 06, 2018: PTT announces change of Chief Financial Officer 87
Jul 03, 2018: Retirement Of Director Due To Completion Of Sixty Five Years Of Age And Appointment Of New Director 87
Jun 18, 2018: PTT: Notification Of Year 2018 Investment Plan Revision 88
Jun 07, 2018: Saipem: New Onshore E&C Contract For Construction Of Nong Fab Regasification Plant In Thailand For Value Of Approximately 500 Million Usd 88
May 18, 2018: PTT Public Company Announces Appointment Of Director And Appointment Of Member Of Remuneration Committee 88
May 10, 2018: Submission of PTT Public And Its Subsidiaries'' Financial Statements For 3-Month Period Ended March 31, 2018 And Operating Results 89
Feb 22, 2018: Gazprom Neft Increases Wing-Tip Sales Of Aviation Fuel By 19 Percent Year-On-Year 89
Aug 16, 2017: Samsung Engineering Receives Two Contracts Worth USD 500 Million USD From Thailand PTT Subsidiaries 90
Appendix 91
Methodology 91
Coverage 91
Secondary Research 91
Primary Research 92
Data Information Sources 92
Company Source 92
SEC/Other Regulatory Filings 92
Other Sources 92
Expert Panel Validation 92
Data Definition 93
Oil and Gas Reserves 93
Units of Measure 93
About GlobalData 94
Disclosure 94
Disclaimer 94
List of Figure
List of Figures
Figure 1: PTT Public Co Ltd, Share Price Performance, THB/Share, 2013-2017 8
Figure 2: PTT Public Co Ltd, Key Valuation Metrics, EV/Production (USD /boed), EV/Proved Reserve (USD /boe), 2013-2017 10
Figure 3: PTT Public Co Ltd, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017 11
Figure 4: PTT Public Co Ltd, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2013-2017 13
Figure 5: PTT Public Co Ltd, Total Oil & Gas Production, By Country/Region, mmboe, 2013-2017 14
Figure 6: PTT Public Co Ltd, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2017 15
Figure 7: PTT Public Co Ltd, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017 17
Figure 8: PTT Public Co Ltd, Oil Reserves, End of Period, By Country/Region, mmbbl, 2013-2017 18
Figure 9: PTT Public Co Ltd, Crude Oil Reserve Changes, mmbbl, 2017 19
Figure 10: PTT Public Co Ltd, Natural Gas Production and Reserves Metrics, bcf, 2013-2017 20
Figure 11: PTT Public Co Ltd, Gas Reserves, End of Period, By Country/Region, bcf, 2013-2017 21
Figure 12: PTT Public Co Ltd, Natural Gas Reserve Changes, bcf, 2017 22
Figure 13: PTT Public Co Ltd, Oil and Gas Reserves Life Index, Years, 2013-2017 23
Figure 14: PTT Public Co Ltd, Gas Reserve Life Index, By Country/Region, Ratio, 2013-2017 24
Figure 15: PTT Public Co Ltd, Oil & Gas Reserve Life Index, By Country/Region, Ratio, 2013-2017 25
Figure 16: PTT Public Co Ltd, Oil Reserve Life Index, By Country/Region, Ratio, 2013-2017 26
Figure 17: PTT Public Co Ltd, Upstream Capital Expenditure, USD mil, 2013-2017 27
Figure 19: PTT Public Co Ltd, Unproved Acquisition Costs, By Country/Region, USD mil, 2013-2017 29
Figure 20: PTT Public Co Ltd, Development Costs, By Country/Region, USD mil, 2013-2017 31
Figure 21: PTT Public Co Ltd, Exploration Costs, By Country/Region, USD mil, 2013-2017 32
Figure 22: PTT Public Co 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: PTT Public Co Ltd, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 35
Figure 24: PTT Public Co Ltd, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 36
Figure 25: PTT Public Co Ltd, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 37
Figure 26: PTT Public Co Ltd, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2013-2017 39
Figure 27: PTT Public Co Ltd, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2013-2017 42
Figure 28: PTT Public Co Ltd, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2013-2017 43
Figure 29: PTT Public Co Ltd, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2013-2017 44
Figure 30: PTT Public Co Ltd, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2013-2017 45
Figure 31: PTT Public Co Ltd, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2013-2017 46
Figure 32: PTT Public Co Ltd, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2013-2017 47
Figure 33: PTT Public Co Ltd, Revenue and Expenses, USD mil, 2013-2017 49
Figure 34: PTT Public Co Ltd, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 51
Figure 35: PTT Public Co Ltd, Exploration Expenses, By Country/Region, USD mil, 2013-2017 52
Figure 36: PTT Public Co Ltd, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 53
Figure 37: PTT Public Co Ltd, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 54
Figure 38: PTT Public Co Ltd, Oil & Gas Revenue, By Country/Region, USD mil, 2013-2017 55
Figure 39: PTT Public Co Ltd, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 56
Figure 40: PTT Public Co Ltd, Production Costs, By Country/Region, USD mil, 2013-2017 57
Figure 41: PTT Public Co Ltd, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 58
Figure 42: PTT Public Co Ltd, Oil and Gas Revenue and Expenses, USD /boe, 2013-2017 61
Figure 43: PTT Public Co Ltd, Exploration Expenses per boe, By Country/Region, USD /boe, 2013-2017 63
Figure 44: PTT Public Co Ltd, Income Tax/(Benefit) per boe, By Country/Region, USD /boe, 2013-2017 64
Figure 45: PTT Public Co Ltd, Lifting Cost per boe, By Country/Region, USD /boe, 2013-2017 65
Figure 46: PTT Public Co Ltd, Annual Net Income per boe, By Country/Region, USD /boe, 2013-2017 66
Figure 47: PTT Public Co Ltd, Oil & Gas Revenue per boe, By Country/Region, USD /boe, 2013-2017 67
Figure 48: PTT Public Co Ltd, Total DD&A per boe, By Country/Region, USD /boe, 2013-2017 68
Figure 49: PTT Public Co Ltd, Total Revenue per boe, By Country/Region, USD /boe, 2013-2017 69
Figure 50: PTT Public Co Ltd, Oil and Gas Performance Metrics, 2013-2017 71
Figure 51: PTT Public Co Ltd, Producible Oil and Gas Wells, 2013-2017 72
Figure 52: PTT Public Co Ltd, Gross Productive Gas Wells, By Country/Region, Number, 2013-2017 74
Figure 53: PTT Public Co Ltd, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2013-2017 75
Figure 54: PTT Public Co Ltd, Gross Productive Oil Wells, By Country/Region, Number, 2013-2017 76
Figure 55: PTT Public Co Ltd, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2013-2017 77
Figure 56: PTT Public Co Ltd, Net Productive Gas Wells, By Country/Region, Number, 2013-2017 78
Figure 57: PTT Public Co Ltd, Net Productive Oil & Gas Wells, By Country/Region, Number, 2013-2017 79
Figure 58: PTT Public Co Ltd, Net Productive Oil Wells, By Country/Region, Number, 2013-2017 80
Figure 59: PTT Public Co Ltd, Exploratory and Developed Wells, 2013-2017 83
List of Table
List of Tables
Table 1: PTT Public Co Ltd, Key Facts 7
Table 2: PTT Public Co Ltd, Share Price Performance, 2013-2017 9
Table 3: PTT Public Co Ltd, Key Valuation Metrics, 2013-2017 10
Table 4: PTT Public Co Ltd, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017 12
Table 5: PTT Public Co Ltd, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2013-2017 14
Table 6: PTT Public Co Ltd, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2013-2017 16
Table 7: PTT Public Co Ltd, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017 17
Table 8: PTT Public Co Ltd, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2013-2017 18
Table 9: PTT Public Co Ltd, Crude Oil Reserve Changes, mmbbl, 2013-2017 19
Table 10: PTT Public Co Ltd, Natural Gas Production and Reserves Metrics, bcf, 2013-2017 20
Table 11: PTT Public Co Ltd, Natural Gas Production and Reserves, By Country/Region, bcf, 2013-2017 21
Table 12: PTT Public Co Ltd, Natural Gas Reserve Changes, bcf, 2013-2017 22
Table 13: PTT Public Co Ltd, Oil and Gas Reserves Life Index, Years, 2013-2017 23
Table 14: PTT Public Co Ltd, Oil and Gas Reserves Life Index, By Country/Region, Years, 2013-2017 26
Table 15: PTT Public Co Ltd, Upstream Capital Expenditure, USD mil, 2013-2017 28
Table 16: PTT Public Co Ltd, Proved and Unproved Acquisition Costs, By Country/Region, USD mil, 2013-2017 30
Table 17: PTT Public Co Ltd, Exploration and Development Costs, By Country/Region, USD mil, 2013-2017 32
Table 18: PTT Public Co Ltd, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, 2013-2017 34
Table 19: PTT Public Co Ltd, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, By Country/Region, 2013-2017 38
Table 20: PTT Public Co Ltd, Oil and Gas Production Replacement Ratio, %, 2013-2017 40
Table 21: PTT Public Co Ltd, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2013-2017 48
Table 22: PTT Public Co Ltd, Revenue and Expenses, USD mil, 2013-2017 50
Table 23: PTT Public Co Ltd, Revenue and Expenses, By Country/Region, USD mil, 2013-2017 59
Table 24: PTT Public Co Ltd, Oil and Gas Revenue and Expenses, USD /boe, 2013-2017 62
Table 25: PTT Public Co Ltd, Oil and Gas Revenue and Expenses, USD /boe, By Country/Region, 2013-2017 70
Table 26: PTT Public Co Ltd, Oil and Gas Performance Metrics, 2013-2017 71
Table 27: PTT Public Co Ltd, Producible Oil and Gas Wells, 2013-2017 73
Table 28: PTT Public Co Ltd, Producible Oil and Gas Wells, By Country/Region, 2013-2017 81
Table 29: PTT Public Co Ltd, Exploratory and Developed Wells, 2013-2017 84
Table 30: PTT Public Co Ltd, Exploratory and Developed Wells, By Country/Region, 2013-2017 85
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.