Table of Contents
1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 11
2 US Louisiana Energy Sector 12
2.1 US Louisiana Energy Sector, Market
Overview 12
2.2 US Louisiana Energy Sector, Crude Oil 13
2.2.1 US
Louisiana Crude Oil, Overview 13
2.2.2 US Louisiana Crude Oil, Supply and
Demand Balance 13
2.2.3 US Louisiana Crude Oil, Regulatory Structure
17
2.2.4 US Louisiana Crude Oil, Infrastructure 17
3 US Louisiana
Fiscal Regime 18
3.1 US Louisiana Petroleum Fiscal Environment 18
3.2
License Terms 18
3.3 Key Fiscal Terms 19
3.4 Sample Cashflows
Calculations 21
4 US Louisiana Oil Upstream Investment Environment
Benchmarking 22
4.1 Introduction 22
4.2 The Overall Ranking 22
4.3
Upstream Fiscal Attractiveness 23
4.3.1 Revenue Protection 24
4.3.2
Fiscal Flexibility 24
4.4 Oil Sector Performance 25
4.4.1 Oil
Production 27
4.4.2 Oil Reserves 27
4.4.3 Oil Consumption 28
4.4.4
Refining Industry 28
5 US Louisiana Exploration and Production Sector
29
5.1 US Louisiana Exploration and Production Sector, Country Snapshot
29
5.1.1 US Louisiana Exploration and Production Sector, Key Data 29
5.1.2 US Louisiana Exploration and Production Sector, Crude Oil Assets Map
29
5.2 US Louisiana Exploration and Production Sector, Gross Crude Oil
Production 30
5.2.1 US Louisiana Exploration and Production Sector, Gross
Crude Oil-Historical Production 30
5.2.2 US Louisiana Exploration and
Production Sector, Gross Crude Oil Production by Assets 31
5.2.3 US
Louisiana Exploration and Production Sector, Gross Equity Weighted Crude Oil
Production by Company 33
5.2.4 US Louisiana Exploration and Production
Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production
35
5.3 US Louisiana Exploration and Production Sector, Gross Crude Oil
Forecasts 36
5.3.1 US Louisiana Exploration and Production Sector, Gross
Crude Oil Forecasted Production 36
5.4 US Louisiana Exploration and
Production Sector, Crude Oil Asset Details 39
5.4.1 US Louisiana
Exploration and Production Sector, Active Crude Oil Asset Details 39
5.4.2
US Louisiana Exploration and Production Sector, Planned Crude Oil Asset
Details 41
6 US Louisiana Pipeline Sector 42
6.1 US Louisiana Pipeline
Sector, Key Data 42
6.2 US Louisiana Pipeline Sector, An Overview 42
6.3 US Louisiana Pipeline Sector, Crude Oil Pipelines 43
6.4 US Louisiana
Pipeline Sector, Petroleum Product Pipelines 44
7 US Louisiana Refining
Sector 45
7.1 US Louisiana Refining Sector, Key Data 45
7.2 US
Louisiana Refining Sector, An Overview 45
7.2.1 US Louisiana Refining
Sector, Total Refining Capacity 45
7.3 US Louisiana Refining Sector, Crude
Distillation Unit Capacity 47
7.4 US Louisiana Refining Sector, Coking
Capacity 48
7.5 US Louisiana Refining Sector, Fluid Catalytic Cracking
Capacity 49
7.6 US Louisiana Refining Sector, Hydrocracking Capacity
49
8 US Louisiana Oil and Chemicals Storage Sector 50
8.1 US Louisiana
Oil and Chemicals Storage Sector, Key Data 50
8.2 US Louisiana Oil and
Chemicals Storage Sector, An Overview 50
8.2.1 US Louisiana Oil and
Chemicals Storage Sector, Total Storage Capacity 50
8.3 US Louisiana Oil
and Chemicals Storage Sector, Storage Capacity 52
9 Profile of BP p.l.c.
55
9.1 BP p.l.c., Key Information 55
9.2 BP p.l.c., Company Overview
55
9.3 BP p.l.c., Business Description 55
9.3.1 BP p.l.c., Business
Description, Business Overview 55
9.3.2 BP p.l.c., Business Description,
Exploration and Production 56
9.3.3 BP p.l.c., Business Description, Other
Businesses and Corporate Segment 57
9.3.4 BP p.l.c., Business Description,
Refining and Marketing 58
9.4 BP p.l.c., Value Chain Analysis 60
9.4.1
BP p.l.c., Value Chain Analysis, Upstream 61
9.4.2 BP p.l.c., Value Chain
Analysis, Midstream 61
9.4.3 BP p.l.c., Value Chain Analysis, Downstream
61
9.4.4 BP p.l.c., Value Chain Analysis, Retail 62
9.5 BP p.l.c.,
SWOT Analysis 62
9.5.1 BP p.l.c., SWOT Analysis, Overview 62
9.5.2 BP
p.l.c., SWOT Analysis, Strengths 63
9.5.3 BP p.l.c., SWOT Analysis,
Weaknesses 64
9.5.4 BP p.l.c., SWOT Analysis, Opportunities 64
9.5.5
BP p.l.c., SWOT Analysis, Threats 65
9.6 BP p.l.c., Revenue Analysis
66
9.6.1 BP p.l.c., Revenue by Segment 66
9.6.2 BP p.l.c., Revenue by
Geography 67
9.7 BP p.l.c., Financial and Operational Review 68
9.7.1
Financial Statements 68
9.7.2 Financial Ratios 69
10 Profile of
ConocoPhillips 70
10.1 ConocoPhillips, Key Information 70
10.2
ConocoPhillips, Company Overview 70
10.3 ConocoPhillips, Business
Description 70
10.3.1 ConocoPhillips, Business Description, Business
Overview 70
10.3.2 ConocoPhillips, Business Description, Chemicals Segment
71
10.3.3 ConocoPhillips, Business Description, Emerging Businesses
Segment 71
10.3.4 ConocoPhillips, Business Description, Exploration and
Production Segment 73
10.3.5 ConocoPhillips, Business Description, LUKOIL
Investment 74
10.3.6 ConocoPhillips, Business Description, Midstream
Segment 74
10.3.7 ConocoPhillips, Business Description, Refining,
Marketing and Transportation 75
10.4 ConocoPhillips, Value Chain Analysis
77
10.4.1 ConocoPhillips, Value Chain Analysis, Upstream 77
10.4.2
ConocoPhillips, Value Chain Analysis, Midstream 78
10.4.3 ConocoPhillips,
Value Chain Analysis, Downstream 79
10.4.4 ConocoPhillips, Value Chain
Analysis, Retail 79
10.5 ConocoPhillips, SWOT Analysis 80
10.5.1
ConocoPhillips, SWOT Analysis, Overview 80
10.5.2 ConocoPhillips, SWOT
Analysis, Strengths 81
10.5.3 ConocoPhillips, SWOT Analysis, Weaknesses
82
10.5.4 ConocoPhillips, SWOT Analysis, Opportunities 82
10.5.5
ConocoPhillips, SWOT Analysis, Threats 83
10.6 ConocoPhillips, Revenue
Analysis 84
10.7 ConocoPhillips, Revenue Analysis, Revenue by Segment
84
10.7.1 ConocoPhillips, Revenue Analysis, Revenue by Geography 85
10.8 ConocoPhillips, Financial and Operational Review 86
10.8.1 Financial
Statements 86
10.8.2 Financial Ratios 87
11 Profile of Exxon Mobil
Corporation 88
11.1 Exxon Mobil Corporation, Key Information 88
11.2
Exxon Mobil Corporation, Company Overview 88
11.3 Exxon Mobil Corporation,
Business Description 88
11.3.1 Exxon Mobil Corporation, Business
Description, Business Overview 88
11.3.2 Exxon Mobil Corporation, Business
Description, Chemical 88
11.3.3 Exxon Mobil Corporation, Business
Description, Downstream 90
11.3.4 Exxon Mobil Corporation, Business
Description, Upstream 91
11.4 Exxon Mobil Corporation, Value Chain
Analysis 93
11.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream
93
11.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 94
11.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 95
11.4.4
Exxon Mobil Corporation, Value Chain Analysis, Retail 95
11.5 Exxon Mobil
Corporation, SWOT Analysis 96
11.5.1 Exxon Mobil Corporation, SWOT
Analysis, Overview 96
11.5.2 Exxon Mobil Corporation, SWOT Analysis,
Strengths 97
11.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses
98
11.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 99
11.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 101
11.6 Exxon
Mobil Corporation, Revenue Analysis 102
11.6.1 Exxon Mobil Corporation,
Revenue by Segment 102
11.6.2 Exxon Mobil Corporation, Revenue by
Geography 102
11.7 Exxon Mobil Corporation, Financial and Operational
Review 104
11.7.1 Financial Statements 104
11.7.2 Financial Ratios
105
12 Financial Deals Landscape 106
12.1 Detailed Deal Summary
106
12.1.1 Acquisition 106
12.1.2 Private Equity 113
12.1.3 Equity
Offerings 116
12.1.4 Debt Offerings 123
12.1.5 Partnerships 130
12.1.6 Asset Transactions 132
13 Recent Developments 139
13.1 License
Rounds 139
13.1.1 Jun 11, 2009: BLM Delays Oil, Gas Lease Sales In South
County 139
13.2 License Awards 140
13.2.1 Jun 16, 2009: Tricor Ten
Section Files Application With FERC For Gas Storage Facility In Kern County,
California 140
13.2.2 Jun 11, 2009: ELK Petroleum Receives APD Approval
For Grieve #39A Well In Wyoming 141
13.2.3 Jun 08, 2009: ATP Oil & Gas
Wins Green Canyon Block 344 In Central Gulf Of Mexico Offshore Lease Sale 208
141
13.3 Strategy and Business Expansion 141
13.3.1 Jun 04, 2009:
Valero Energy Suspends Hydrocracker Project At Its Port Arthur Refinery In
Texas 141
13.3.2 Jun 01, 2009: Kinder Morgan Energy Announces Open Season
For Crude Oil Shipments On Cochin Pipeline 142
13.3.3 Jun 01, 2009: Tricor
Ten Section Announces Non-Binding Open Season For Natural Gas Storage Facility
In California 142
13.3.4 May 28, 2009: Cabot Oil & Gas Opens New Regional
Office In Pittsburgh 143
13.4 Recent Discoveries 144
13.4.1 Jun 17,
2009: American Energy Resources Strikes Oil At Bonita Springs 4A Well In Gove
County, Kansas 144
13.4.2 Jun 09, 2009: Antares Energy Finds Gas At
Frances Dilworth No. 2 Well In McMullen County, Texas 144
13.4.3 Jun 04,
2009: KFG Resources Discovers Oil At Fayette Field In Jefferson County,
Mississippi 146
13.4.4 Jun 03, 2009: American Energy Resources Finds Oil
Reserve In Lane County, Kansas 146
13.4.5 Jun 02, 2009: Stone Energy
Announces Deepwater Discovery In Pyrenees Prospect, Gulf Of Mexico 147
13.5 Drilling and Production Updates 147
13.5.1 Jun 16, 2009: American
Petro-Hunter To Place #1 Lutters Well Into Production 147
13.5.2 Jun 16,
2009: Daytona Energy' s Walker #1H Well Flowing Gas To Sales 148
13.5.3 Jun
15, 2009: Golden Gate Petroleum Updates On Jumonville #2 Bullseye Prospect In
Iberville Parish, Louisiana 148
13.5.4 Jun 15, 2009: Pryme Oil and Gas
Commences Production From Crosby 16 No.1 Well In Four Rivers Project,
Louisiana 149
13.5.5 Jun 15, 2009: Harvest Natural Resources Begins
Drilling Operations At Bar F No. 1-20-3-2 Well In Antelope Project, Utah
150
13.6 Financial Announcements 151
13.6.1 Jun 15, 2009: Green Star
Energies Posts $1.67 Million Net Gain In Q1 2009 151
13.6.2 May 21, 2009:
Beard Reports Net Loss Of $266,000 In Q1 2009 152
13.6.3 May 20, 2009:
PrimeEnergy Posts Net Loss Of $3.5 Million In Q1 2009 153
13.6.4 May 19,
2009: John D. Oil and Gas Posts Revenue Of $1.4 Million In Q1 2009 153
13.6.5 May 18, 2009: Frontera Resources Reports $7.9 Million Net Loss In Q1
2009 153
13.7 Other Significant Developments 157
13.7.1 Jun 16, 2009:
GMX Resources Provides Operations Update 157
13.7.2 Jun 16, 2009:
StatoilHydro Signs LNG Deal With RasGas For Cove Point Terminal In US 157
13.7.3 Jun 16, 2009: Duke Energy Appoints Lynn J. Good As Group Executive And
CFO 158
13.7.4 Jun 16, 2009: Energy Partners Wins Court Approval For Its
Disclosure Statement 159
13.7.5 Jun 15, 2009: Circumpacific Energy
President Peter Simpson Resigns 159
13.8 New Contracts Announcements
160
13.8.1 Jun 16, 2009: ForeRunner Wins Three Natural Gas Storage
Projects In Western US 160
13.8.2 Jun 10, 2009: Clean Energy Wins Natural
Gas Fuel Supply Contract From City Of Phoenix Public Transit Department
160
14 Appendix 161
14.1 Methodology 161
14.1.1 Coverage 162
14.1.2 Secondary Research 162
14.1.3 Primary Research 162
14.1.4 E&P
Forecasts 163
14.1.5 Midstream Forecasts 164
14.1.6 Expert Panel
Validation 165
14.2 Contact Us 165
14.3 About GlobalData 165
14.4
Disclaimer 165
1.1 List of Tables
Table 1: US Louisiana,
Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020
14
Table 2: US Louisiana, Historical Reserves of Crude Oil, 1996-2008
16
Table 3: Severance Tax, Natural Gas, Louisiana 19
Table 4:
Severance Tax, Oil, Louisiana 19
Table 5: US, Investment Benchmarking,
Overall State Rankings, 2008 22
Table 6: US, Investment Benchmarking,
Upstream Fiscal Attractiveness, 2008 23
Table 7: US, Investment
Benchmarking, Oil Sector Performance, 2008 25
Table 8: US Louisiana, Crude
Oil Key Statistics, 2008 29
Table 9: US Louisiana, Total Gross Crude Oil
Production (MMBBLs), 2001-2008 30
Table 10: US Louisiana, Gross Crude Oil
Production (MMBBLs), of Major Assets, 2001-2008 31
Table 11: US Louisiana,
Gross Equity Weighted Crude Oil Production (MMBBLs), of Major Companies,
2001-2008 33
Table 12: US Louisiana, Market Share (%) based on Gross
Equity Weighted Crude Oil Production, 2001-2008 35
Table 13: US Louisiana,
Gross Crude Oil Production (MMBBLs), Forecasts by Assets, 2009-2015 36
Table 14: US Louisiana, Gross Crude Oil Production (MMBBLs), Forecasts by
Assets, 2009-2015, (Contd.) 37
Table 15: US Louisiana, Gross Crude Oil
Production (MMBBLs), Forecasts by Assets, 2009-2015, (Contd.) 38
Table 16:
US Louisiana, Active Oil Field Assets Details 39
Table 17: US Louisiana,
Planned Oil Field Assets Details 41
Table 18: US Louisiana, Pipeline Key
Statistics, 2008 42
Table 19: US Louisiana, Crude Oil Pipelines, 2008
43
Table 20: US Louisiana, Petroleum Product Pipelines, 2008 44
Table
21: US Louisiana, Refinery Key Statistics, 2008 45
Table 22: US Louisiana,
Total Refining Capacity (MMTPA), 2000- 2013 45
Table 23: US Louisiana,
Crude Distillation Unit Capacity (MMTPA), 2000-2013 47
Table 24: US
Louisiana, Coking Unit Capacity (MMTPA), 2000-2013 48
Table 25: US
Louisiana, Fluid Catalytic Cracking Unit Capacity (MMTPA), 2000-2013 49
Table 26: US Louisiana, Hydrocracking Unit Capacity (MMTPA), 2000-2013 49
Table 27: US Louisiana, Oil and Chemicals Storage Key Statistics, 2008 50
Table 28: US Louisiana, Total Oil and Chemicals Storage Capacity (Thousand
M3), 2000- 2013 50
Table 29: US Louisiana, Oil and Chemicals Storage
Capacity (Thousand M3), 2000-2013 52
Table 30: US Louisiana, Oil and
Chemicals Storage Capacity (Thousand M3), 2000-2013 (Contd.) 53
Table 31:
US Louisiana, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2013
(Contd.) 54
Table 32: BP p.l.c., Key Facts 55
Table 33: BP p.l.c.,
SWOT Analysis 63
Table 34: BP p.l.c., Revenue by Segment, USD Million,
2003-2007 66
Table 35: BP p.l.c., Revenue by Geography, USD Million,
2003-2007 67
Table 36: BP p.l.c., Financial Statements, USD Million,
2003-2007 68
Table 37: BP p.l.c., Financial Ratios, USD Million, 2003-2007
69
Table 38: ConocoPhillips, Key Facts 70
Table 39:
ConocoPhillips, SWOT Analysis 81
Table 40: ConocoPhillips, Revenue by
Segment, USD Million, 2003-2007 85
Table 41: ConocoPhillips, Revenue
by Geography, USD Million, 2003-2007 86
Table 42: ConocoPhillips,
Financial Statements, USD Million, 2003-2007 86
Table 43:
ConocoPhillips, Financial Ratios, USD Million, 2003-2007 87
Table 44:
Exxon Mobil Corporation, Key Facts 88
Table 45: Exxon Mobil
Corporation, SWOT Analysis 96
Table 46: Exxon Mobil Corporation,
Revenue by Segment, USD Million, 2003-2007 102
Table 47: Exxon Mobil
Corporation, Revenue by Geography, USD Million, 2003-2007 103
Table 48:
Exxon Mobil Corporation, Financial Statements, USD Million, 2003-2007
104
Table 49: Exxon Mobil Corporation, Financial Ratios, USD Million,
2003-2007 105
Table 50: Forest Gate Resources Terminates Acquisition Of
90% Stake In Atlantis Deepwater Production And Impact Exploration & Production
106
Table 51: Ford Spoleti Holdings Acquires Eagle Oil Holding 107
Table 52: Lighthouse Petroleum Acquires 20% Ownership Stake In Williston Basin
Acquisition 108
Table 53: Spectra Energy Partners Acquires NOARK Pipeline
System From Atlas Pipeline Partners 109
Table 54: Doral Energy To Acquire
Two Unnamed Permian Basin Oil And Gas Corporations 110
Table 55: AMG Oil
To Acquire Adira Energy 111
Table 56: TEPPCO Partners Rejects Bid From
Enterprise Products Partners 112
Table 57: KKR Invests $350 Million In
East Resources 113
Table 58: U.S. Drilling Capital Management To Invest In
Development Drilling Activities Of SandRidge Energy 114
Table 59: MarkWest
Energy To Acquire 50% Interest In Arkoma Connector Pipeline 115
Table 60:
EV Energy Partners Completes Public Offering Of Common Units For $82.11
Million 116
Table 61: Whiting Petroleum Prices Public Offering Of
Convertible Perpetual Preferred Stock For $300 Million 118
Table 62: ONEOK
Partners Prices Common Units Public Offering For $229.05 Million 120
Table
63: FairWest Announces Private Placement Of $1.77 Million 121
Table 64:
Duncan Energy Partners Prices Public Offering Of Common Units For $128 Million
122
Table 65: Quicksilver Resources Announces Public Offering Of Senior
Notes For $425 Million 123
Table 66: South Texas Oil Issues 14% Secured
Convertible Notes Due In 2011 For $0.56 Million 124
Table 67: Mariner
Energy Issues 11.75% Senior Unsecured Notes Offering For $300 Million 125
Table 68: Dominion Resources Completes 8.37% Debenture Offering For $625
Million 126
Table 69: Anadarko Petroleum Prices 5.75% Senior Notes
Offering For $275 Million 127
Table 70: Anadarko Petroleum Prices 6.95%
Senior Notes Offering For $300 Million 128
Table 71: Western Refining
Issues Senior Secured Floating Rate Notes For $275 Million 129
Table 72:
EnerJex Resources Enters Into A Joint Venture With Pharyn Resources 130
Table 73: Atlas Pipeline Partners Forms Joint Venture With The Williams
Companies 131
Table 74: Nighthawk Production And Running Foxes Terminate
The Sale Of 20% Interest In Jolly Ranch Project 132
Table 75: TransCanada
Pipelines To Acquire Remaining Interest Of ConocoPhillips In Keystone Pipeline
133
Table 76: Bill Barrett Acquires Piceance Basin Acreage For $60 Million
134
Table 77: Precision Petroleum To Acquire 88% Of Producing Well In
Pottawatomie County, Oklahoma 135
Table 78: Miller Petroleum Acquires
35,325 Shale Acres And 173 Wells In Tennessee 136
Table 79: BayHill
Capital To Acquire Oil and Gas Properties For $23.54 Million 137
1.2
List of Figures
Figure 1: Louisiana Energy Sector Break-up, 2008 12
Figure 2: US Louisiana, Crude Oil Production And Consumption, Thousand Barrels
Per Day, 1996-2020 15
Figure 3: US Louisiana, Crude Oil Reserves, Million
Barrels, 1996-2008 16
Figure 4: US Louisiana, Upstream Oil & Gas Fiscal
Regime (Royalty/Tax), Sample Cashflows, 2005-2016 21
Figure 5: US, State
Standings, Upstream Fiscal Attractiveness, 2008 24
Figure 6: US, State
Standings, Oil Sector Performance, by Reserves & Production, 2008 26
Figure 7: US, State Standings, Oil Sector Performance, by
Production-Consumption & Refining, 2008 27
Figure 8: US Louisiana, Crude
Oil Assets Map, 2008 29
Figure 9: US Louisiana, Total Gross Crude Oil
Production (MMBBLs), 2001-2008 30
Figure 10: US Louisiana, Gross Equity
Weighted Crude Oil Production (MMBBLs), of Major Companies, 2001-2008 34
Figure 11: US Louisiana, Market Share (%) based on Gross Equity Weighted Crude
Oil Production, 2008 35
Figure 12: US Louisiana, Total Refining Capacity
(MMTPA), 2000- 2013 46
Figure 13: US Louisiana, Total Oil and Chemicals
Storage Capacity (Thousand M3), 2000- 2013 51
Figure 14: BP p.l.c., Value
Chain Analysis 60
Figure 15: ConocoPhillips, Value Chain Analysis 77
Figure 16: Exxon Mobil Corporation, Value Chain Analysis 93
Figure 17:
GlobalData Methodology 161
|
Related Report
|
View Cart
