Summary
CNOOC 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.
CNOOC Ltd (CNOOC) is an upstream oil and gas company. It carries out exploration, development, production and sale of crude oil and natural gas. The company has operations in Bohai, Western South China Sea, Eastern South China Sea and East China Sea in offshore China. It operates either independently or in cooperation with foreign partners through production sharing contracts. In overseas, the company holds interests in oil and natural gas blocks in Argentina, Australia, Brazil, Canada, Guyana, Indonesia Nigeria, the UK, Uganda, the US, and other countries. The company operates as a subsidiary of China National Offshore Oil Corp. CNOOC is headquartered in Beijing, China.
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 ($boe/d) and EV/Proved Reserve ($/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 buyThe 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.
- Company Snapshot
- Key Information
- Company Overview
- CNOOC Ltd, Valuation and Financial Data
- CNOOC Ltd, Share Price Performance
- Share Price Performance, Q1, 2017-Q1, 2018
- CNOOC Ltd, Key Valuation Metrics
- Key Valuation Metrics, Q1, 2017-Q1, 2018
- CNOOC Ltd, Quarterly Results of Oil & Gas Operations Per boe Produced
- Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2017-Q1, 2018
- CNOOC Ltd, Quarterly E&P Costs Trends
- Upstream Capital Expenditure, Q1, 2017-Q1, 2018
- CNOOC Ltd, Quarterly Production Trends
- CNOOC Ltd, Total Oil and Gas Production
- Total Crude Oil & Natural Gas Production, By Country/Region, Q1, 2017-Q1, 2018
- CNOOC Ltd, Crude Oil Production
- Total Crude Oil Production Trend, Q1, 2017-Q1, 2018
- Crude Oil Production, By Country/Region, Q1, 2017-Q1, 2018
- CNOOC Ltd, Natural Gas Production
- Total Natural Gas Production Trend, Q1, 2017-Q1, 2018
- Natural Gas Production, By Country/Region, Q1, 2017-Q1, 2018
- CNOOC Ltd, Valuation and Financial Data, 2013-2017
- CNOOC Ltd, Share Price Performance, 2013-2017
- Share Price Performance, 2013-2017
- Key Valuation Metrics, 2013-2017
- CNOOC Ltd, Production and Reserves Trends
- Total Oil and Gas, Reserves and Production
- Total Crude Oil and Natural Gas Production and Reserves Trend, 2013-2017
- Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2013-2017
- Total Crude Oil and Natural Gas Reserve Changes, 2013-2017
- Crude Oil/Liquids Production and Reserve
- Crude Oil/Liquids Production and Reserve Trend, 2013-2017
- Crude Oil Production and Reserves By Country/Region, 2013-2017
- Natural Gas Production and Reserve
- Natural Gas Production and Reserve Trend, 2013-2017
- Natural Gas Production and Reserves, By Country/Region, 2013-2017
- Natural Gas Reserve Changes, 2013-2017
- Total Crude Oil and Natural Gas Reserves Life Index
- Total Crude Oil and Natural Gas Reserves Life Index, 2013-2017
- Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2013-2017
- CNOOC Ltd, E&P Costs Trends
- Allocation of the Upstream Capital Expenditure
- Upstream Capital Expenditure, 2013-2017
- Oil and Gas Cost Per boe, US$/boe
- Oil and Gas Cost Per boe, US$/boe, 2013-2017
- Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2013-2017
- CNOOC Ltd, Reserve Replacement Ratio
- Oil and Gas Production Replacement Ratio
- Oil and Gas Production Replacement Ratio, 2013-2017
- Oil and Gas Production Replacement Ratio, By Country/Region, 2013-2017
- CNOOC Ltd, Results of Oil & Gas Operations Trend
- Oil and Gas Revenue and Expenses
- Oil and Gas Revenue and Expenses, 2013-2017
- Oil and Gas Revenue and Expenses, Per boe
- Oil and Gas Revenue and Expenses, By boe, 2013-2017
- Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2013-2017
- Oil and Gas Performance Metrics
- CNOOC Ltd, Land Holdings and Well Data
- Developed and Undeveloped Acreage
- Gross and Net Developed and Undeveloped Acreage, 2013-2017
- Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2013-2017
- Well Statistics
- Producible Oil and Gas Well, 2013-2017
- Producible Oil and Gas Well, By Country/Region, 2013-2017
- Exploration and Development Wells Drilled, 2013-2017
- Exploration and Development Wells Drilled, By Country/Region, 2013-2017
- Recent Developments
- CNOOC Ltd - Recent Developments
- Aug 23, 2018: CNOOC announces 2018 interim results for the six months ended June 30, 2018
- Aug 23, 2018: CNOOC announces 2018 interim results for the six months ended June 30, 2018
- Aug 23, 2018: CNOOC announces 2018 interim results for the six months ended June 30, 2018
- Aug 23, 2018: CNOOC maintaining high-quality development with profit surged
- Aug 17, 2018: CNOOC awards contracts for Liuhua oil fields offshore Hong Kong
- Aug 09, 2018: Energy firms to boost investments in Chinese oil and gas
- Aug 09, 2018: WorleyParsons: Nexen awards EPC contract for Buzzard Phase II development project
- Aug 09, 2018: WorleyParsons: Nexen awards EPC contract for Buzzard Phase II development project
- Aug 09, 2018: WorleyParsons: Nexen awards EPC contract for Buzzard Phase II development project
- Aug 08, 2018: Horizon Oil (HZN) begins production from infill wells on WZ 12-8w and WZ 12-8m fields in China
- Appendix
- Methodology
- Coverage
- Secondary Research
- Primary Research
- Data Information Sources
- Company Source
- SEC/Other Regulatory Filings
- Other Sources
- Expert Panel Validation
- Data Definition
- Oil and Gas Reserves
- Units of Measure
- About GlobalData
- Disclosure
- Disclaimer
- List of Tables
- Table 1: CNOOC Ltd, Key Facts
- Table 2: CNOOC Ltd, Share Price Performance, Q1, 2017-Q1, 2018
- Table 3: CNOOC Ltd, Key Valuation Metrics, Q1, 2017-Q1, 2018
- Table 4: CNOOC Ltd, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2017-Q1, 2018
- Table 5: CNOOC Ltd, Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2017-Q1, 2018
- Table 6: CNOOC Ltd, Upstream Capital Expenditure, Q1, 2017-Q1, 2018
- Table 7: CNOOC Ltd, Total Crude Oil and Natural Gas, Production, Q1, 2017-Q1, 2018
- Table 8: CNOOC Ltd, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2017-Q1, 2018
- Table 9: CNOOC Ltd, Total Crude Oil Production, mmbbl, Q1, 2017-Q1, 2018
- Table 10: CNOOC Ltd, Crude Oil Production, By Country/Region, mmbbl, Q1, 2017-Q1, 2018
- Table 11: CNOOC Ltd, Total Natural Gas Production, bcf, Q1, 2017-Q1, 2018
- Table 12: CNOOC Ltd, Natural Gas Production, By Country/Region, bcf, Q1, 2017-Q1, 2018
- Table 13: CNOOC Ltd, Share Price Performance, 2013-2017
- Table 14: CNOOC Ltd, Key Valuation Metrics, 2013-2017
- Table 15: CNOOC Ltd, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017
- Table 16: CNOOC Ltd, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2013-2017
- Table 17: CNOOC Ltd, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2013-2017
- Table 18: CNOOC Ltd, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017
- Table 19: CNOOC Ltd, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2013-2017
- Table 20: CNOOC Ltd, Crude Oil Reserve Changes, mmbbl, 2013-2017
- Table 21: CNOOC Ltd, Natural Gas Production and Reserves Metrics, bcf, 2013-2017
- Table 22: CNOOC Ltd, Natural Gas Production and Reserves, By Country/Region, bcf, 2013-2017
- Table 23: CNOOC Ltd, Natural Gas Reserve Changes, bcf, 2013-2017
- Table 24: CNOOC Ltd, Oil and Gas Reserves Life Index, Years, 2013-2017
- Table 25: CNOOC Ltd, Oil and Gas Reserves Life Index, By Country/Region, Years, 2013-2017
- Table 26: CNOOC Ltd, Upstream Capital Expenditure, US$ mil, 2013-2017
- Table 28: CNOOC Ltd, Exploration and Development Costs, By Country/Region, US$ mil, 2013-2017
- Table 29: CNOOC Ltd, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2013-2017
- Table 30: CNOOC Ltd, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2013-2017
- Table 31: CNOOC Ltd, Oil and Gas Production Replacement Ratio, %, 2013-2017
- Table 32: CNOOC Ltd, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2013-2017
- Table 33: CNOOC Ltd, Revenue and Expenses, US$ mil, 2013-2017
- Table 34: CNOOC Ltd, Revenue and Expenses, By Country/Region, US$ mil, 2013-2017
- Table 35: CNOOC Ltd, Oil and Gas Revenue and Expenses, US$/boe, 2013-2017
- Table 36: CNOOC Ltd, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2013-2017
- Table 37: CNOOC Ltd, Oil and Gas Performance Metrics, 2013-2017
- Table 38: CNOOC Ltd, Land Holdings (Developed and Undeveloped Acreage), Acres, 2013-2017
- Table 39: CNOOC Ltd, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2013-2017
- Table 40: CNOOC Ltd, Producible Oil and Gas Wells, 2013-2017
- Table 41: CNOOC Ltd, Producible Oil and Gas Wells, By Country/Region, 2013-2017
- Table 42: CNOOC Ltd, Exploratory and Developed Wells, 2013-2017
- Table 43: CNOOC Ltd, Exploratory and Developed Wells, By Country/Region, 2013-2017
- List of Figures
- Figure 1: CNOOC Ltd, Share Price Performance, USD/Share, Q1, 2017-Q1, 2018
- Figure 2: CNOOC Ltd, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2017-Q1, 2018
- Figure 3: CNOOC Ltd, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2017-Q1, 2018
- Figure 4: CNOOC Ltd, Upstream Capital Expenditure, US$ mil, Q1, 2017-Q1, 2018
- Figure 5: CNOOC Ltd, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2017-Q1, 2018
- Figure 6: CNOOC Ltd, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2017-Q1, 2018
- Figure 7: CNOOC Ltd, Total Crude Oil Production, mmbbl, Q1, 2017-Q1, 2018
- Figure 8: CNOOC Ltd, Crude Oil Production, By Country/Region, mmbbl, Q1, 2017-Q1, 2018
- Figure 9: CNOOC Ltd, Total Natural Gas Production, bcf, Q1, 2017-Q1, 2018
- Figure 10: CNOOC Ltd, Natural Gas Production, By Country/Region, bcf, Q1, 2017-Q1, 2018
- Figure 11: CNOOC Ltd, Share Price Performance, USD/Share, 2013-2017
- Figure 12: CNOOC Ltd, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2013-2017
- Figure 13: CNOOC Ltd, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017
- Figure 14: CNOOC Ltd, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2013-2017
- Figure 15: CNOOC Ltd, Total Oil & Gas Production, By Country/Region, mmboe, 2013-2017
- Figure 18: CNOOC Ltd, Oil Reserves, End of Period, By Country/Region, mmbbl, 2013-2017
- Figure 19: CNOOC Ltd, Oil Production, By Country/Region, mmbbl, 2013-2017
- Figure 21: CNOOC Ltd, Natural Gas Production and Reserves Metrics, bcf, 2013-2017
- Figure 22: CNOOC Ltd, Gas Reserves, End of Period, By Country/Region, bcf, 2013-2017
- Figure 23: CNOOC Ltd, Gas Production, By Country/Region, bcf, 2013-2017
- Figure 25: CNOOC Ltd, Oil and Gas Reserves Life Index, Years, 2013-2017
- Figure 26: CNOOC Ltd, Gas Reserve Life Index, By Country/Region, Years, 2013-2017
- Figure 27: CNOOC Ltd, Oil & Gas Reserve Life Index, By Country/Region, Years, 2013-2017
- Figure 28: CNOOC Ltd, Oil Reserve Life Index, By Country/Region, Years, 2013-2017
- Figure 29: CNOOC Ltd, Upstream Capital Expenditure, US$ mil, 2013-2017
- Figure 32: CNOOC Ltd, Development Costs, By Country/Region, US$ mil, 2013-2017
- Figure 33: CNOOC Ltd, Exploration Costs, By Country/Region, US$ mil, 2013-2017
- Figure 34: CNOOC Ltd, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2013-2017
- Figure 35: CNOOC Ltd, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, $/boe, 2013-2017
- Figure 36: CNOOC Ltd, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, $/Boe, 2013-2017
- Figure 37: CNOOC Ltd, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, $/boe, 2013-2017
- Figure 38: CNOOC Ltd, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2013-2017
- Figure 39: CNOOC Ltd, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2013-2017
- Figure 40: CNOOC Ltd, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2013-2017
- Figure 41: CNOOC Ltd, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2013-2017
- Figure 42: CNOOC Ltd, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2013-2017
- Figure 43: CNOOC Ltd, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2013-2017
- Figure 44: CNOOC Ltd, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2013-2017
- Figure 45: CNOOC Ltd, Revenue and Expenses, US$ mil, 2013-2017
- Figure 47: CNOOC Ltd, Exploration Expenses, By Country/Region, US$ mil, 2013-2017
- Figure 48: CNOOC Ltd, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2013-2017
- Figure 49: CNOOC Ltd, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2013-2017
- Figure 50: CNOOC Ltd, Oil & Gas Revenue, By Country/Region, US$ mil, 2013-2017
- Figure 51: CNOOC Ltd, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2013-2017
- Figure 52: CNOOC Ltd, Production Costs, By Country/Region, US$ mil, 2013-2017
- Figure 53: CNOOC Ltd, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2013-2017
- Figure 54: CNOOC Ltd, Oil and Gas Revenue and Expenses, US$/boe, 2013-2017
- Figure 55: CNOOC Ltd, Exploration Expenses per boe, By Country/Region, $/boe, 2013-2017
- Figure 56: CNOOC Ltd, Income Tax/(Benefit) per boe, By Country/Region, $/boe, 2013-2017
- Figure 57: CNOOC Ltd, Lifting Cost per boe, By Country/Region, $/boe, 2013-2017
- Figure 58: CNOOC Ltd, Annual Net Income per boe, By Country/Region, $/boe, 2013-2017
- Figure 59: CNOOC Ltd, Oil & Gas Revenue per boe, By Country/Region, $/boe, 2013-2017
- Figure 60: CNOOC Ltd, Total DD&A per boe, By Country/Region, $/boe, 2013-2017
- Figure 61: CNOOC Ltd, Total Revenue per boe, By Country/Region, $/boe, 2013-2017
- Figure 62: CNOOC Ltd, Oil and Gas Performance Metrics, 2013-2017
- Figure 63: CNOOC Ltd, Land Holdings (Developed and Undeveloped Acreage), Acres, 2013-2017
- Figure 64: CNOOC Ltd, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2013-2017
- Figure 65: CNOOC Ltd, Total Net Undeveloped Acreage, By Country/Region, Acres, 2013-2017
- Figure 66: CNOOC Ltd, Total Gross Developed Acreage, By Country/Region, Acres, 2013-2017
- Figure 67: CNOOC Ltd, Total Net Developed Acreage, By Country/Region, Acres, 2013-2017
- Figure 68: CNOOC Ltd, Producible Oil and Gas Wells, 2013-2017
- Figure 69: CNOOC Ltd, Gross Productive Gas Wells, By Country/Region, Number, 2013-2017
- Figure 70: CNOOC Ltd, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2013-2017
- Figure 71: CNOOC Ltd, Gross Productive Oil Wells, By Country/Region, Number, 2013-2017
- Figure 72: CNOOC Ltd, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2013-2017
- Figure 73: CNOOC Ltd, Net Productive Gas Wells, By Country/Region, Number, 2013-2017
- Figure 74: CNOOC Ltd, Net Productive Oil & Gas Wells, By Country/Region, Number, 2013-2017
- Figure 75: CNOOC Ltd, Net Productive Oil Wells, By Country/Region, Number, 2013-2017
- Figure 76: CNOOC Ltd, Exploratory and Developed Wells, 2013-2017