Table of Contents
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 18
1.2 List of Figures 25
2 Company Snapshot 26
2.1 Key Information
26
2.2 Company Overview 26
2.3 Financial Performance 26
2.4
Industry Outlook -- Production & Exploration 26
2.5 Industry Outlook --
Pipelines 27
2.6 Industry Outlook -- LNG Terminals 27
3 BG Group plc ,
Crude Oil And Natural Gas Forecasts, 2000-2012 29
3.1 BG Group plc ,
Crude Oil & Natural Gas Forecasts, By Fields 29
3.2 BG Group plc , Gross
Revenue Forecasts, By Fields 31
3.3 BG Group plc , Total Government Take
Forecasts, By Fields 33
3.4 BG Group plc , Contractor Take Forecasts, By
Fields 35
4 BG Group plc , Exploration and Production Summary 37
4.1
BG Group plc, Fields under development 37
4.2 BG Group plc , Active
Exploration Blocks, by Country, 2000-2007 37
4.3 BG Group plc, Crude Oil
Production, by Country 39
4.4 BG Group plc, Natural Gas Production, by
Country 40
5 BG Group plc, Crude Oil and Natural Gas Production By Fields
41
5.1 BG Group plc, Crude Oil Production 41
5.1.1 BG Group plc, Crude
Oil Production in Kansas, By Fields 41
5.1.2 BG Group plc, Crude Oil
Production in Canada Onshore and Offshore, By Fields 41
5.1.3 BG Group
plc, Crude Oil Production in Saskatchewan, By Fields 41
5.1.4 BG Group
plc, Crude Oil Production in Argentina, By Fields 42
5.1.5 BG Group plc,
Crude Oil Production in Bolivia, By Fields 42
5.1.6 BG Group plc, Crude
Oil Production in Egypt, By Fields 42
5.1.7 BG Group plc, Crude Oil
Production in India, By Fields 43
5.1.8 BG Group plc, Crude Oil Production
in Kazakhstan, By Fields 43
5.1.9 BG Group plc, Crude Oil Production in
Thailand, By Fields 43
5.1.10 BG Group plc, Crude Oil Production in
Trinidad and Tobago, By Fields 43
5.1.11 BG Group plc, Crude Oil
Production in Tunisia, By Fields 44
5.1.12 BG Group plc, Crude Oil
Production in United Kingdom, By Fields 44
5.2 BG Group plc, Natural Gas
Production 45
5.2.1 BG Group plc, Natural Gas Production in Canada Onshore
and Offshore, By Fields 45
5.2.2 BG Group plc, Natural Gas Production in
Saskatchewan, By Fields 45
5.2.3 BG Group plc, Natural Gas Production in
Argentina, By Fields 45
5.2.4 BG Group plc, Natural Gas Production in
Bolivia, By Fields 46
5.2.5 BG Group plc, Natural Gas Production in Egypt,
By Fields 46
5.2.6 BG Group plc, Natural Gas Production in India, By
Fields 46
5.2.7 BG Group plc, Natural Gas Production in Kazakhstan, By
Fields 47
5.2.8 BG Group plc, Natural Gas Production in Thailand, By
Fields 47
5.2.9 BG Group plc, Natural Gas Production in Trinidad and
Tobago, By Fields 47
5.2.10 BG Group plc, Natural Gas Production in
Tunisia, By Fields 47
5.2.11 BG Group plc, Natural Gas Production in
United Kingdom, By Fields 48
6 BG Group plc' s Exploration Blocks And Field
Details 49
6.1 BG Group plc' s Exploration Details, 5(a) 49
6.2 BG
Group plc' s Exploration Details, B7 + B8 + B9 49
6.3 BG Group plc' s
Exploration Details, BM-S-10 50
6.4 BG Group plc' s Exploration Details,
BM-S-11 50
6.5 BG Group plc' s Exploration Details, BM-S-13 51
6.6 BG
Group plc' s Exploration Details, BM-S-9 51
6.7 BG Group plc' s Exploration
Details, Caipipendi 52
6.8 BG Group plc' s Exploration Details, CB-OS/1
52
6.9 BG Group plc' s Exploration Details, Charagua 53
6.10 BG Group
plc' s Exploration Details, KG-DWN-98/4 53
6.11 BG Group plc' s Exploration
Details, KG-OSN-2004/1 54
6.12 BG Group plc' s Exploration Details,
MN-DWN-2002/2 54
6.13 BG Group plc' s Exploration Details, S-M-508 55
6.14 BG Group plc' s Exploration Details, S-M-615 55
6.15 BG Group plc' s
Exploration Details, S-M-623 56
6.16 BG Group plc' s Exploration Details,
S-M-672 56
6.17 BG Group plc' s Exploration Details, XX-Tarja Este 57
6.18 BG Group plc' s Exploration Details, XX-Tarja Oeste 57
6.19 BG Group
plc' s Exploration Details, 1/2+1/5+1/6 58
6.20 BG Group plc' s Exploration
Details, 123(1) 58
6.21 BG Group plc' s Exploration Details, 123(2) 59
6.22 BG Group plc' s Exploration Details, 13/21c ALL 59
6.23 BG Group plc' s
Exploration Details, 13/22b ALL 60
6.24 BG Group plc' s Exploration
Details, 13/22c ALL 60
6.25 BG Group plc' s Exploration Details, 13/23a ALL
61
6.26 BG Group plc' s Exploration Details, 13/24a ALL 61
6.27 BG
Group plc' s Exploration Details, 13/24b ALL 62
6.28 BG Group plc' s
Exploration Details, 13/27b ALL 62
6.29 BG Group plc' s Exploration
Details, 13/30a ALL 63
6.30 BG Group plc' s Exploration Details, 13/30b ALL
63
6.31 BG Group plc' s Exploration Details, 14/26a ALL 64
6.32 BG
Group plc' s Exploration Details, 14/26b ALL 64
6.33 BG Group plc' s
Exploration Details, 14/27a ALL 65
6.34 BG Group plc' s Exploration
Details, 14/28b WEST 65
6.35 BG Group plc' s Exploration Details,
15/11+15/12+16/10 66
6.36 BG Group plc' s Exploration Details, 16/13c ALL
66
6.37 BG Group plc' s Exploration Details, 16/24b PRE-CRETACEOUS 67
6.38 BG Group plc' s Exploration Details, 171 67
6.39 BG Group plc' s
Exploration Details, 19/10a ALL 68
6.40 BG Group plc' s Exploration
Details, 19/5a ALL 68
6.41 BG Group plc' s Exploration Details, 2/5 HEATHER
FIELD AREA 69
6.42 BG Group plc' s Exploration Details, 20/1 SOUTH AREA OF
THE BLOCK 69
6.43 BG Group plc' s Exploration Details, 20/2b ALL 70
6.44 BG Group plc' s Exploration Details, 20/3d ALL 70
6.45 BG Group plc' s
Exploration Details, 20/6a ALL 71
6.46 BG Group plc' s Exploration Details,
22/10a ALL 71
6.47 BG Group plc' s Exploration Details, 22/14a EVEREST
FIELD 72
6.48 BG Group plc' s Exploration Details, 22/14a REST OF BLOCK
EXCLUDING EVEREST 72
6.49 BG Group plc' s Exploration Details, 22/15 ALL
73
6.50 BG Group plc' s Exploration Details, 23/21 ALL 73
6.51 BG Group
plc' s Exploration Details, 23/22b ALL 74
6.52 BG Group plc' s Exploration
Details, 28/5a ALL 74
6.53 BG Group plc' s Exploration Details, 29/4d ALL
75
6.54 BG Group plc' s Exploration Details, 29/5b ALL 75
6.55 BG Group
plc' s Exploration Details, 29/5c ALL 76
6.56 BG Group plc' s Exploration
Details, 29/5d ALL 77
6.57 BG Group plc' s Exploration Details, 30/12a ALL
77
6.58 BG Group plc' s Exploration Details, 30/13 NORTH (INCLUDING JACQUI
FIELD) 78
6.59 BG Group plc' s Exploration Details, 30/13 SOUTH (INCLUDING
JOSEPHINE FIELD) 78
6.60 BG Group plc' s Exploration Details, 30/1b NORTH
AREA OF BLOCK 79
6.61 BG Group plc' s Exploration Details, 42/28a ALL
79
6.62 BG Group plc' s Exploration Details, 42/28b ALL 80
6.63 BG
Group plc' s Exploration Details, 42/29a NEPTUNE AREA 80
6.64 BG Group
plc' s Exploration Details, 47/15a AMETHYST FIELD AREA 81
6.65 BG Group
plc' s Exploration Details, 47/15a REST OF BLOCK 81
6.66 BG Group plc' s
Exploration Details, 47/3b ALL 82
6.67 BG Group plc' s Exploration Details,
47/3c ALL 82
6.68 BG Group plc' s Exploration Details, 47/4a ALL 83
6.69 BG Group plc' s Exploration Details, 47/4b ALL 83
6.70 BG Group plc' s
Exploration Details, 47/4c ALL 84
6.71 BG Group plc' s Exploration Details,
47/5a REST OF BLOCK 84
6.72 BG Group plc' s Exploration Details, 47/5c
NEPTUNE AREA 85
6.73 BG Group plc' s Exploration Details, 47/5c REST OF
BLOCK 85
6.74 BG Group plc' s Exploration Details, 47/8a AMETHYST FIELD
AREA 86
6.75 BG Group plc' s Exploration Details, 47/8a REST OF BLOCK
86
6.76 BG Group plc' s Exploration Details, 47/8c MERCURY FIELD AREA
87
6.77 BG Group plc' s Exploration Details, 47/9a AMETHYST FIELD AREA
87
6.78 BG Group plc' s Exploration Details, 47/9a REST OF BLOCK 88
6.79 BG Group plc' s Exploration Details, 47/9b ALL 88
6.80 BG Group plc' s
Exploration Details, 48/26 (p), 48/27 (p),57/1 (p), 57/2 89
6.81 BG Group
plc' s Exploration Details, 53/3a P4 SUB-AREA 89
6.82 BG Group plc' s
Exploration Details, 53/3a REST OF BLOCK 90
6.83 BG Group plc' s
Exploration Details, 6503/9+6504/7+6504/11 90
6.84 BG Group plc' s
Exploration Details, 6504/1+6504/2+6504/4+6504/5 91
6.85 BG Group plc' s
Exploration Details, 7/4+7/7+7/10 91
6.86 BG Group plc' s Exploration
Details, AGUILA 92
6.87 BG Group plc' s Exploration Details, CARISIO(543)
92
6.88 BG Group plc' s Exploration Details, CORMORAN 93
6.89 BG Group
plc' s Exploration Details, EL 429 93
6.90 BG Group plc' s Exploration
Details, EL 432 94
6.91 BG Group plc' s Exploration Details, El Burg 94
6.92 BG Group plc' s Exploration Details, El Manzala 95
6.93 BG Group plc' s
Exploration Details, FIUME TARO(533) 95
6.94 BG Group plc' s Exploration
Details, FLAMENCO 96
6.95 BG Group plc' s Exploration Details, GARCETA
96
6.96 BG Group plc' s Exploration Details, GORRION 97
6.97 BG Group
plc' s Exploration Details, HALCON 97
6.98 BG Group plc' s Exploration
Details, IBIS 98
6.99 BG Group plc' s Exploration Details, NS/88a ALL
98
6.100 BG Group plc' s Exploration Details, NS/88b ALL 99
6.101 BG
Group plc' s Exploration Details, NS/89 ALL 99
6.102 BG Group plc' s
Exploration Details, NS/97 ALL 100
6.103 BG Group plc' s Exploration
Details, NS/98a ALL 100
6.104 BG Group plc' s Exploration Details, NS/98b
ALL 101
6.105 BG Group plc' s Exploration Details, NS/99 ALL 101
6.106
BG Group plc' s Exploration Details, TRINO(527) 102
6.107 BG Group plc' s
Exploration Details, VERCELLI(526) 102
6.108 BG Group plc' s Exploration
Details, 317b1-322b3-347b-348-349b 103
6.109 BG Group plc' s Exploration
Details, 7227/1 103
6.110 BG Group plc' s Exploration Details, 22/25d ALL
104
6.111 BG Group plc' s Exploration Details, 23/27b ALL 104
6.112 BG
Group plc' s Exploration Details, 30/3b 105
6.113 BG Group plc' s
Exploration Details, 6505/6 105
6.114 BG Group plc' s Exploration Details,
6505/9 106
6.115 BG Group plc' s Exploration Details, 6506/1 106
6.116
BG Group plc' s Exploration Details, 6506/4 107
6.117 BG Group plc' s
Exploration Details, 6603/5 107
6.118 BG Group plc' s Exploration Details,
6603/6 108
6.119 BG Group plc' s Exploration Details, 6603/7 108
6.120
BG Group plc' s Exploration Details, 6603/8 109
6.121 BG Group plc' s
Exploration Details, 7124/6 109
6.122 BG Group plc' s Exploration Details,
7125/4 110
6.123 BG Group plc' s Exploration Details, 7125/5 110
6.124
BG Group plc' s Exploration Details, 7226/2 111
6.125 BG Group plc' s
Exploration Details, 7226/3 111
6.126 BG Group plc' s Exploration Details,
7228/1 112
6.127 BG Group plc' s Exploration Details, 7228/2 112
6.128
BG Group plc' s Exploration Details, Blokk 6202/12 113
6.129 BG Group plc' s
Exploration Details, B13/38 113
6.130 BG Group plc' s Exploration Details,
BM-S-47 114
6.131 BG Group plc' s Exploration Details, BM-S-50 114
6.132 BG Group plc' s Exploration Details, BM-S-52 115
6.133 BG Group plc' s
Exploration Details, BT-SF-2 115
6.134 BG Group plc' s Exploration Details,
EL 444 116
6.135 BG Group plc' s Exploration Details, EL 445 116
6.136
BG Group plc' s Exploration Details, G12/48 117
6.137 BG Group plc' s
Exploration Details, North Sidi Kerir Deep 117
6.138 BG Group plc' s
Exploration Details, PL143 118
6.139 BG Group plc' s Exploration Details,
PL251 118
6.140 BG Group plc' s Exploration Details, PL274BS 119
6.141
BG Group plc' s Exploration Details, PL292 119
6.142 BG Group plc' s
Exploration Details, PL324 120
6.143 BG Group plc' s Exploration Details,
PL325 120
6.144 BG Group plc' s Exploration Details, PL335 121
6.145 BG
Group plc' s Exploration Details, PL372BS 121
6.146 BG Group plc' s
Exploration Details, PL372S 122
6.147 BG Group plc' s Exploration Details,
PL373S 122
6.148 BG Group plc' s Exploration Details, PL374S 123
6.149
BG Group plc' s Exploration Details, PL382 123
6.150 BG Group plc' s
Exploration Details, PL390 124
6.151 BG Group plc' s Exploration Details,
PL391 124
6.152 BG Group plc' s Exploration Details, PL392 125
6.153 BG
Group plc' s Exploration Details, PL393 125
6.154 BG Group plc' s
Exploration Details, PL395 126
6.155 BG Group plc' s Exploration Details,
PL396 126
6.156 BG Group plc' s Exploration Details, PL407 127
6.157 BG
Group plc' s Exploration Details, PL423S 127
6.158 BG Group plc' s
Exploration Details, G12/48 128
6.159 BG Group plc' s Exploration Details,
G9/50 128
6.160 BG Group plc' s Exploration Details, 30/7a ALL 129
6.161 BG Group plc' s Exploration Details, 35/5 and 7 129
6.162 BG Group
plc' s Exploration Details, AMILCAR 130
6.163 BG Group plc' s Exploration
Details, PL298 130
6.164 BG Group plc' s Exploration Details, ULYSSE
131
6.165 BG Group plc' s Field Details, Itatiqui 131
6.166 BG Group
plc' s Field Details, LEMAN {AMOCO} 132
6.167 BG Group plc' s Field Details,
Karachaganak 133
6.168 BG Group plc' s Field Details, CAÑADON MINERALES
134
6.169 BG Group plc' s Field Details, BRAE EAST 135
6.170 BG Group
plc' s Field Details, HEATHER {AND EXT} 136
6.171 BG Group plc' s Field
Details, APOLLO 137
6.172 BG Group plc' s Field Details, BLAKE 138
6.173 BG Group plc' s Field Details, DRAKE 139
6.174 BG Group plc' s Field
Details, HAWKINS 140
6.175 BG Group plc' s Field Details, MERCURY 141
6.176 BG Group plc' s Field Details, MINERVA 142
6.177 BG Group plc' s Field
Details, Miskar 142
6.178 BG Group plc' s Field Details, NEPTUNE 143
6.179 BG Group plc' s Field Details, ROUGH STORAGE 143
6.180 BG Group plc' s
Field Details, SEYMOUR 144
6.181 BG Group plc' s Field Details, Chanay(
BG-5, Inc.) 144
6.182 BG Group plc' s Field Details, Escondido 145
6.183 BG Group plc' s Field Details, Jayhawk( BG-5, Inc.) 145
6.184 BG
Group plc' s Field Details, Leloup( BG-5, Inc.) 146
6.185 BG Group plc' s
Field Details, Norwood( BG-5, Inc.) 146
6.186 BG Group plc' s Field
Details, Paola-Rantoul( BG-5 INCORPORATE) 147
6.187 BG Group plc' s Field
Details, Paola-Rantoul( BG-5, Inc.) 147
6.188 BG Group plc' s Field
Details, La Vertiente 148
6.189 BG Group plc' s Field Details, Los Suris
148
6.190 BG Group plc' s Field Details, Savi Ragha 149
6.191 BG Group
plc' s Field Details, Taiguati 149
6.192 BG Group plc' s Field Details,
Villamontes 150
6.193 BG Group plc' s Field Details, FLEMING 150
6.194
BG Group plc' s Field Details, BG -Fields 151
6.195 BG Group plc' s Field
Details, BG Group T&T Fields 151
6.196 BG Group plc' s Field Details,
ARMADA 152
6.197 BG Group plc' s Field Details, Dolphin 152
6.198 BG
Group plc' s Field Details, Dolphin Deep 153
6.199 BG Group plc' s Field
Details, Hasdrubal 153
6.200 BG Group plc' s Field Details, JUDY 154
6.201 BG Group plc' s Field Details, JOANNE 154
6.202 BG Group plc' s Field
Details, JADE 155
6.203 BG Group plc' s Field Details, Margarita 156
6.204 BG Group plc' s Field Details, Paloma 157
6.205 BG Group plc' s Field
Details, AMETHYST E 158
6.206 BG Group plc' s Field Details, AMETHYST W
159
6.207 BG Group plc' s Field Details, WHITTLE 160
6.208 BG Group
plc' s Field Details, EVEREST 161
6.209 BG Group plc' s Field Details,
LOMOND 161
6.210 BG Group plc' s Field Details, GLENELG 162
6.211 BG
Group plc' s Field Details, FRANKLIN 163
6.212 BG Group plc' s Field
Details, ELGIN 164
6.213 BG Group plc' s Field Details, Itau 165
6.214
BG Group plc' s Field Details, BUZZARD 166
6.215 BG Group plc' s Field
Details, Panna-Mukta 167
6.216 BG Group plc' s Field Details, Tapti 168
6.217 BG Group plc' s Field Details, BG Fields 168
6.218 BG Group plc' s
Field Details, HANDSWORTH ALIDA(Bg Group Plc) 169
6.219 BG Group plc' s
Field Details, PARKMAN TILSTN-SOURIS VY(Bg Group Plc) 169
6.220 BG Group
plc' s Field Details, WHITE BEAR TILSTN-SOURIS(Bg Group Plc) 170
6.221 BG
Group plc' s Field Details, WEYBURN MIDALE(Bg Group Plc) 170
6.222 BG Group
plc' s Field Details, Bongkot 171
7 Business Description 172
7.1
Business Overview 172
7.2 Exploration and Production 172
7.2.1
Overview 172
7.2.2 Production 172
7.2.3 Financials 172
7.2.4
Market View 172
7.2.5 Capital Investment 172
7.3 Liquefied Natural Gas
173
7.3.1 Overview 173
7.3.2 Production 173
7.3.3 Financials
173
7.3.4 Market View 173
7.3.5 Capital Investment 173
7.4 Power
and Other activities 173
7.4.1 Overview 173
7.4.2 Financials 173
7.4.3 Market View 174
7.4.4 Capital Investment 174
7.5 Transmission
and Distribution 174
7.5.1 Overview 174
7.5.2 Production 174
7.5.3
Financials 174
7.5.4 Market View 174
7.5.5 Key Strategies 174
7.5.6 Capital Investment 175
7.6 Major Products and Services 175
7.6.1
Overview 175
8 History 176
9 Business Strategy 181
9.1 Mission
Statement 181
9.2 Strategy 181
9.3 Corporate Social Responsibility
181
9.3.1 Overview 181
9.3.2 Specific CSR Initiatives 181
10
Competitors 183
11 Share Holding Structure 184
12 Key Employees
185
13 Key Employee Biographies 186
14 Company Statement 190
15
Locations And Subsidiaries 192
15.1 Head Office 192
15.2 Other
Locations & Subsidiaries 192
16 Financial Deals Landscape 194
16.1
Acquisition 194
16.1.1 BG Group Acquires 9.9% Stake In Queensland Gas
Company 194
16.1.2 Progress Energy Trust Acquires BG Canada Exploration
and Production From BG Group 195
16.1.3 BG Italia Acquires Remaining 66.3%
Interest In Serene From Edison 197
16.1.4 BG Group Sells Mauritania
Holdings To Kuwait Foreign Exploration 199
16.1.5 BG Group Acquires
Aventura Energy 200
16.1.6 BG Group Completes The Purchase Of Offshore
Mauritania Interests 202
16.1.7 Bg Group Acquires El Paso Oil And Gas
Canada, Inc. For $345.6 Million 204
16.1.8 BG Group Sells Phoenix Natural
Gas Interest To East Surrey Holdings 205
16.1.9 BG Group Acquires Enron
Oil & Gas India Limited 207
16.1.10 BG Group To Acquire Origin Energy
209
16.2 Partnership 211
16.2.1 CNOOC Partners With BG Group 211
16.2.2 BG Group Enters Into A Joint Venture With Petroplus 212
17 Recent
Developments 214
17.1 Strategy and Business Planning 214
17.1.1 May
02, 2008: StatoilHydro Granted Barents Sea Drilling Permit By Norway 214
17.1.2 Apr 20, 2008: Edison To Bid For 100% In Abu Quir Field, Egypt 214
17.1.3 Apr 11, 2008: BG Group To Sell LNG In India 214
17.1.4 Apr 11,
2008: QGC And BG Group Complete LNG Transaction 215
17.1.5 Mar 05, 2008:
Premier Completes Farmout Agreement With Oilexco And BG 216
17.1.6 Feb 08,
2008: Norway Declares Licensing Awards For APA 2007 216
17.1.7 Jan 09,
2008: BG Group To Sell Its Share In Israeli Gas Field Project 217
17.1.8
Jun 01, 2007: BG Group And Partners Agree Terms Of Karachaganak Gas Sales
Agreement 217
17.1.9 Mar 02, 2007: BGEPIL, ONGC Sign Production Sharing
Contract 218
17.1.10 Feb 12, 2007: BG Group, Nigeria LNG Enter Agreement
For LNG Supply 218
17.1.11 Jan 04, 2007: BG Group Signs HoA For Domestic
Gas Sales In Trinidad And Tobago 218
17.1.12 Nov 14, 2006: Serica, BG
Enter Into Agreement 218
17.1.13 Aug 04, 2006: Gulf Keystone, Sonatrach,
BG Announce A Major Expansion In Algeria 219
17.1.14 Jun 07, 2006: BG
Group Signs Production Sharing Contracts With CNOOC 219
17.1.15 Jun 07,
2006: CNOOC Inks PSC With BG 220
17.2 Operations Updates 220
17.2.1
May 22, 2008: QGC Suspends Jen-3 Appraisal Well 220
17.2.2 May 21, 2008:
HFG Completes Construction Of Hasdrubal Oil And Gas Platform In Tunisia
221
17.2.3 May 14, 2008: BG Group Discovers Oil And Gas In Norwegian North
Sea 221
17.2.4 May 07, 2008: Canadian Superior Provides Drilling Update
221
17.2.5 Apr 29, 2008: REVUS Commences Drilling On Jordbaer Prospect
222
17.2.6 Apr 14, 2008: Petrobras Clarifies On Discovery In The Carioca
Area 222
17.2.7 Feb 25, 2008: Gulf Keystone Announces Drilling Of Second
Hassi Ba Hamou Well In Algeria 222
17.2.8 Feb 07, 2008: BG Group Updates
On Reserves At Tupi Discovery, Offshore Brazil 223
17.2.9 Jan 31, 2008:
Gulf Keystone Announces Completion Of HBH-4 Appraisal Well 223
17.2.10 Jan
28, 2008: Challenger Discovers Second Natural Gas In Victory Well 223
17.2.11 Dec 17, 2007: Canadian Superior Announces Casing And Flow Testing On
Victory Well, Offshore Trinidad 224
17.2.12 Dec 13, 2007: Gulf Keystone
Updates On Hassi Ba Hamou Gas Field 224
17.2.13 Nov 13, 2007: Nexen
Restarts Buzzard Platform Production 225
17.2.14 Nov 12, 2007: Petrobras
Updates On Tupi Oilfield 225
17.2.15 Nov 09, 2007: Nexen Temporarily Shuts
Down Buzzard Platform 225
17.2.16 Nov 08, 2007: Petrobras Updates On Tupi
Field 225
17.2.17 Oct 09, 2007: IFR Updates On Exploration Program 226
17.2.18 Sep 21, 2007: BG Group Confirms Success From Fourth Consecutive Well
In Santos Basin 227
17.2.19 Sep 21, 2007: BG Group Updates On Tupi Sul
Appraisal Well 228
17.2.20 Sep 06, 2007: BG Group Announces New Oil Field
Discovery In Santos Basin 228
17.2.21 Sep 05, 2007: Petrobras Discovers
Light Oil In Santos Basin 228
17.2.22 Mar 21, 2007: Statoil To Shoot
Seismic In Libya 229
17.2.23 Mar 01, 2007: Eni Announces New Oil Discovery
In The Norwegian Barents Sea 229
17.2.24 Feb 28, 2007: Hydro Discovers Oil
And Gas At Barents Sea 230
17.2.25 Jan 08, 2007: BG Group Updates On
Buzzard Field In UK North Sea 230
17.2.26 Nov 27, 2006: Serica Prepares
For Gas Testing At Columbus Well 23/16f-11 231
17.2.27 Oct 04, 2006: BG
Group Announces Oil Discovery In Brazil 231
17.2.28 Oct 04, 2006:
Petrobras Discovers Oil In Santos Basin 232
17.2.29 Sep 08, 2006: Eni
Discovers Gas In North Sea 232
17.2.30 Sep 01, 2006: BG Group Announces
Gas Discovery In North Sea 232
17.2.31 Jul 21, 2006: Chevron Delivers Gas
From Dolphin Deep 232
17.2.32 Jul 19, 2006: BG Group Announces First Gas
From Dolphin Deep Field In Trinidad And Tobago 233
17.2.33 Jul 11, 2006:
Petrobras Discovers Oil In New Frontier Areas Of Santos Basin 233
17.2.34
Jun 05, 2006: Hess, BG Start Production From Atlantic And Cromarty Fields
234
17.2.35 Jun 05, 2006: BG Group Announces First Gas From Atlantic And
Cromarty North Sea 234
17.3 Financial Announcements 234
17.3.1 May 04,
2008: BG Group To Invest $1 Billion In Exploration In India 234
17.3.2 Apr
15, 2008: BG Group And BP To Invest $1 Billion To Explore Gas Blocks In Oman
235
17.3.3 Mar 12, 2008: Total To Invest $1Billion In Bongkot Field
235
17.4 Other Significant Developments 236
17.4.1 May 16, 2008: BG
Group Orders Two Additional LNG Ships From SHI 236
17.4.2 Apr 30, 2008:
ClampOn Wins Several Orders For Subsea Sand And Pig Detectors 236
17.4.3
Apr 18, 2008: BG Group To Supply LNG To Singapore 237
17.4.4 Apr 01, 2008:
GAIL To Buy Gas From Panna-Mukta And Tapti Gas Fields 237
17.4.5 Mar 27,
2008: RIL, BG Refuse To Enter Panna/Mukta Gas Deal 238
17.4.6 Mar 07,
2008: Swiber Wins $127 Million EPCIC Contracts From BG 238
17.4.7 Dec 06,
2007: BG Group Deputy CEO To Retire 239
17.4.8 Jul 25, 2007: BG Group To
Delist From NYSE 239
17.4.9 Jun 07, 2007: Serica Retains 50% Interest In
23/16f Block 240
17.4.10 Jun 04, 2007: CB&I Wins Contract From GNL
Quintero For LNG Project In Chile 240
17.4.11 Jun 04, 2007: BG Group Signs
Agreement To Supply Natural Gas In Chile 240
17.4.12 Mar 02, 2007: BGEPIL,
ONGC Sign Production Sharing Contract 241
17.4.13 Jan 04, 2007: BG Group
Signs HoA For Domestic Gas Sales In Trinidad And Tobago 241
17.4.14 Jan
04, 2007: BG Group Signs Up For Two New LNG Ships 242
17.4.15 Dec 01,
2006: Saipem Gets New Offshore Drilling Contracts 242
17.4.16 Nov 22,
2006: Acergy Wins New Contract In Tunisia 243
17.4.17 Nov 14, 2006:
Serica, BG Enter Into Agreement 243
17.4.18 Jun 27, 2006: Venture Enters
Into Long Term Drilling Contracts 243
17.4.19 Jun 27, 2006: Venture Enters
Into Long Term Drilling Contracts 244
17.4.20 Jun 07, 2006: CNOOC Inks PSC
With BG 244
18 Appendix 245
18.1 What is this Report About? 245
18.2 Methodology 245
18.2.1 Coverage 246
18.2.2 Secondary Research
247
18.2.3 Primary Research 247
18.2.4 E&P Forecasts 247
18.2.5
Reserves 248
18.2.6 Production 248
18.2.7 Capital and Operating
Expenditure 248
18.2.8 Fiscal Regime 249
18.2.9 Key Economic
Assumptions 249
18.2.10 Midstream Forecasts 250
18.2.11 Expert Panel
Validation 250
18.3 Contact Us 250
18.4 About Global Markets Direct
250
18.5 Disclaimer 251