Statoil ASA Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2017

Company Snapshot

Key Information

Company Overview

Statoil ASA, Valuation and Financial Data

Statoil ASA, Share Price Performance

Share Price Performance, Q1, 2016-Q1, 2017

Statoil ASA, Key Valuation Metrics

Key Valuation Metrics, Q1, 2016-Q1, 2017

Statoil ASA, Quarterly Results of Oil & Gas Operations Per boe Produced

Results of Oil & Gas Operations Per boe Produced, Q1, 2016-Q1, 2017

Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2016-Q1, 2017

Statoil ASA, Quarterly E&P Costs Trends

Upstream Capital Expenditure, Q1, 2016-Q1, 2017

Statoil ASA, Quarterly Production Trends

Statoil ASA, Total Oil and Gas Production

Total Crude Oil and Natural Gas Production Trend, Q1, 2016-Q1, 2017

Total Crude Oil & Natural Gas Production, By Country/Region, Q1, 2016-Q1, 2017

Statoil ASA, Crude Oil Production

Total Crude Oil Production Trend, Q1, 2016-Q1, 2017

Crude Oil Production, By Country/Region, Q1, 2016-Q1, 2017

Statoil ASA, Natural Gas Production

Total Natural Gas Production Trend, Q1, 2016-Q1, 2017

Natural Gas Production, By Country/Region, Q1, 2016-Q1, 2017

Statoil ASA, Valuation and Financial Data, 2012-2016

Statoil ASA, Share Price Performance, 2012-2016

Share Price Performance, 2012-2016

Key Valuation Metrics, 2012-2016

Statoil ASA, Production and Reserves Trends

Total Oil and Gas, Reserves and Production

Total Crude Oil and Natural Gas Production and Reserves Trend, 2012-2016

Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2012-2016

Total Crude Oil and Natural Gas Reserve Changes, 2012-2016

Crude Oil/Liquids Production and Reserve

Crude Oil/Liquids Production and Reserve Trend, 2012-2016

Crude Oil Production and Reserves By Country/Region, 2012-2016

Crude Oil/Liquids Reserve Changes, 2012-2016

Natural Gas Production and Reserve

Natural Gas Production and Reserve Trend, 2012-2016

Natural Gas Production and Reserves, By Country/Region, 2012-2016

Natural Gas Reserve Changes, 2012-2016

Total Crude Oil and Natural Gas Reserves Life Index

Total Crude Oil and Natural Gas Reserves Life Index, 2012-2016

Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2012-2016

Statoil ASA, E&P Costs Trends

Allocation of the Upstream Capital Expenditure

Upstream Capital Expenditure, 2012-2016

Acquisition Costs By Country/Region, 2012-2016

Exploration and Development Costs, By Country/Region, 2012-2016

Oil and Gas Cost Per boe, US$/boe

Oil and Gas Cost Per boe, US$/boe, 2012-2016

Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2012-2016

Statoil ASA, Reserve Replacement Ratio

Oil and Gas Production Replacement Ratio

Oil and Gas Production Replacement Ratio, 2012-2016

Oil and Gas Production Replacement Ratio, By Country/Region, 2012-2016

Statoil ASA, Results of Oil & Gas Operations Trend

Oil and Gas Revenue and Expenses

Oil and Gas Revenue and Expenses, 2012-2016

Oil and Gas Revenue and Expenses, By Country/Region, 2012-2016

Oil and Gas Revenue and Expenses, Per boe

Oil and Gas Revenue and Expenses, By boe, 2012-2016

Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2012-2016

Oil and Gas Performance Metrics

Statoil ASA, Land Holdings and Well Data

Developed and Undeveloped Acreage

Gross and Net Developed and Undeveloped Acreage, 2012-2016

Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2012-2016

Well Statistics

Producible Oil and Gas Well, 2012-2016

Producible Oil and Gas Well, By Country/Region, 2012-2016

Exploration and Development Wells Drilled, 2012-2016

Exploration and Development Wells Drilled, By Country/Region, 2012-2016

Recent Developments

Statoil ASA - Recent Developments

Aug 21, 2017: For the first time E.ON is using innovative corrosion protection technology for wind farm foundations in the Baltic

Aug 17, 2017: PSA: Consent To Use West Elara

Aug 17, 2017: Partrac: Metocean Monitoring For Hywind Scotland

Aug 14, 2017: DNO Submit Plan To Develop Changouleh Oil Field

Aug 07, 2017: Statoil: Second Small Gas Discovery In Barents

Aug 07, 2017: Eni Norge to reinforce Siemens Subsea Power Grid JIP

Aug 07, 2017: Prosafe Announces Operational Update Q2 2017

Aug 03, 2017: DNV GL carries out its first offshore drone survey

Aug 03, 2017: Teekay Offshore Announces Two Newbuilding Shuttle Tankers - With Options For More

Aug 01, 2017: Europa Oil & Gas Provides Update On multistage licences offshore Ireland And Onshore UK

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: Statoil ASA, Key Facts

Table 2: Statoil ASA, Share Price Performance, Q1, 2016-Q1, 2017

Table 3: Statoil ASA, Key Valuation Metrics, Q1, 2016-Q1, 2017

Table 4: Statoil ASA, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2016-Q1, 2017

Table 5: Statoil ASA, Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2016-Q1, 2017

Table 6: Statoil ASA, Upstream Capital Expenditure, Q1, 2016-Q1, 2017

Table 7: Statoil ASA, Total Crude Oil and Natural Gas, Production, Q1, 2016-Q1, 2017

Table 8: Statoil ASA, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2016-Q1, 2017

Table 9: Statoil ASA, Total Crude Oil Production, mmbbl, Q1, 2016-Q1, 2017

Table 10: Statoil ASA, Crude Oil Production, By Country/Region, mmbbl, Q1, 2016-Q1, 2017

Table 11: Statoil ASA, Total Natural Gas Production, bcf, Q1, 2016-Q1, 2017

Table 12: Statoil ASA, Natural Gas Production, By Country/Region, bcf, Q1, 2016-Q1, 2017

Table 13: Statoil ASA, Share Price Performance, 2012-2016

Table 14: Statoil ASA, Key Valuation Metrics, 2012-2016

Table 15: Statoil ASA, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016

Table 16: Statoil ASA, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2012-2016

Table 17: Statoil ASA, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2012-2016

Table 18: Statoil ASA, Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016

Table 19: Statoil ASA, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2012-2016

Table 20: Statoil ASA, Crude Oil Reserve Changes, mmbbl, 2012-2016

Table 21: Statoil ASA, Natural Gas Production and Reserves Metrics, bcf, 2012-2016

Table 22: Statoil ASA, Natural Gas Production and Reserves, By Country/Region, bcf, 2012-2016

Table 23: Statoil ASA, Natural Gas Reserve Changes, bcf, 2012-2016

Table 24: Statoil ASA, Oil and Gas Reserves Life Index, Years, 2012-2016

Table 25: Statoil ASA, Oil and Gas Reserves Life Index, By Country/Region, Years, 2012-2016

Table 26: Statoil ASA, Upstream Capital Expenditure, US$ mil, 2012-2016

Table 27: Statoil ASA, Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2012-2016

Table 28: Statoil ASA, Exploration and Development Costs, By Country/Region, US$ mil, 2012-2016

Table 29: Statoil ASA, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016

Table 30: Statoil ASA, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2012-2016

Table 31: Statoil ASA, Oil and Gas Production Replacement Ratio, %, 2012-2016

Table 32: Statoil ASA, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2012-2016

Table 33: Statoil ASA, Revenue and Expenses, US$ mil, 2012-2016

Table 34: Statoil ASA, Revenue and Expenses, By Country/Region, US$ mil, 2012-2016

Table 35: Statoil ASA, Oil and Gas Revenue and Expenses, US$/boe, 2012-2016

Table 36: Statoil ASA, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2012-2016

Table 37: Statoil ASA, Oil and Gas Performance Metrics, 2012-2016

Table 38: Statoil ASA, Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016

Table 39: Statoil ASA, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2012-2016

Table 40: Statoil ASA, Producible Oil and Gas Wells, 2012-2016

Table 41: Statoil ASA, Producible Oil and Gas Wells, By Country/Region, 2012-2016

Table 42: Statoil ASA, Exploratory and Developed Wells, 2012-2016

Table 43: Statoil ASA, Exploratory and Developed Wells, By Country/Region, 2012-2016

List of Figures

Figure 1: Statoil ASA, Share Price Performance, NOK/Share, Q1, 2016-Q1, 2017

Figure 2: Statoil ASA, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2016-Q1, 2017

Figure 3: Statoil ASA, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2016-Q1, 2017

Figure 4: Statoil ASA, Upstream Capital Expenditure, US$ mil, Q1, 2016-Q1, 2017

Figure 5: Statoil ASA, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2016-Q1, 2017

Figure 6: Statoil ASA, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2016-Q1, 2017

Figure 7: Statoil ASA, Total Crude Oil Production, mmbbl, Q1, 2016-Q1, 2017

Figure 8: Statoil ASA, Crude Oil Production, By Country/Region, mmbbl, Q1, 2016-Q1, 2017

Figure 9: Statoil ASA, Total Natural Gas Production, bcf, Q1, 2016-Q1, 2017

Figure 10: Statoil ASA, Natural Gas Production, By Country/Region, bcf, Q1, 2016-Q1, 2017

Figure 11: Statoil ASA, Share Price Performance, NOK/Share, 2012-2016

Figure 12: Statoil ASA, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2012-2016

Figure 13: Statoil ASA, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016

Figure 14: Statoil ASA, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2012-2016

Figure 15: Statoil ASA, Total Oil & Gas Production, By Country/Region, mmboe, 2012-2016

Figure 16: Statoil ASA, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2016

Figure 17: Statoil ASA, Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016

Figure 18: Statoil ASA, Oil Reserves, End of Period, By Country/Region, mmbbl, 2012-2016

Figure 19: Statoil ASA, Oil Production, By Country/Region, mmbbl, 2012-2016

Figure 20: Statoil ASA, Crude Oil Reserve Changes, mmbbl, 2016

Figure 21: Statoil ASA, Natural Gas Production and Reserves Metrics, bcf, 2012-2016

Figure 22: Statoil ASA, Gas Reserves, End of Period, By Country/Region, bcf, 2012-2016

Figure 23: Statoil ASA, Gas Production, By Country/Region, bcf, 2012-2016

Figure 24: Statoil ASA, Natural Gas Reserve Changes, bcf, 2016

Figure 25: Statoil ASA, Oil and Gas Reserves Life Index, Years, 2012-2016

Figure 26: Statoil ASA, Gas Reserve Life Index, By Country/Region, Years, 2012-2016

Figure 27: Statoil ASA, Oil & Gas Reserve Life Index, By Country/Region, Years, 2012-2016

Figure 28: Statoil ASA, Oil Reserve Life Index, By Country/Region, Years, 2012-2016

Figure 29: Statoil ASA, Upstream Capital Expenditure, US$ mil, 2012-2016

Figure 30: Statoil ASA, Unproved Acquisition Costs, By Country/Region, US$ mil, 2012-2016

Figure 31: Statoil ASA, Development Costs, By Country/Region, US$ mil, 2012-2016

Figure 32: Statoil ASA, Exploration Costs, By Country/Region, US$ mil, 2012-2016

Figure 33: Statoil ASA, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016

Figure 34: Statoil ASA, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016

Figure 35: Statoil ASA, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016

Figure 36: Statoil ASA, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016

Figure 37: Statoil ASA, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2012-2016

Figure 38: Statoil ASA, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2012-2016

Figure 39: Statoil ASA, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2012-2016

Figure 40: Statoil ASA, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2012-2016

Figure 41: Statoil ASA, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2012-2016

Figure 42: Statoil ASA, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2012-2016

Figure 43: Statoil ASA, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2012-2016

Figure 44: Statoil ASA, Revenue and Expenses, US$ mil, 2012-2016

Figure 45: Statoil ASA, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016

Figure 46: Statoil ASA, Exploration Expenses, By Country/Region, US$ mil, 2012-2016

Figure 47: Statoil ASA, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016

Figure 48: Statoil ASA, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016

Figure 49: Statoil ASA, Oil & Gas Revenue, By Country/Region, US$ mil, 2012-2016

Figure 50: Statoil ASA, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016

Figure 51: Statoil ASA, Production Costs, By Country/Region, US$ mil, 2012-2016

Figure 52: Statoil ASA, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016

Figure 53: Statoil ASA, Oil and Gas Revenue and Expenses, US$/boe, 2012-2016

Figure 54: Statoil ASA, Exploration Expenses per boe, By Country/Region, US$/boe, 2012-2016

Figure 55: Statoil ASA, Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2012-2016

Figure 56: Statoil ASA, Lifting Cost per boe, By Country/Region, US$/boe, 2012-2016

Figure 57: Statoil ASA, Annual Net Income per boe, By Country/Region, US$/boe, 2012-2016

Figure 58: Statoil ASA, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2012-2016

Figure 59: Statoil ASA, Total DD&A per boe, By Country/Region, US$/boe, 2012-2016

Figure 60: Statoil ASA, Total Revenue per boe, By Country/Region, US$/boe, 2012-2016

Figure 61: Statoil ASA, Oil and Gas Performance Metrics, 2012-2016

Figure 62: Statoil ASA, Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016

Figure 63: Statoil ASA, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2012-2016

Figure 64: Statoil ASA, Total Net Undeveloped Acreage, By Country/Region, Acres, 2012-2016

Figure 65: Statoil ASA, Total Gross Developed Acreage, By Country/Region, Acres, 2012-2016

Figure 66: Statoil ASA, Total Net Developed Acreage, By Country/Region, Acres, 2012-2016

Figure 67: Statoil ASA, Producible Oil and Gas Wells, 2012-2016

Figure 68: Statoil ASA, Gross Productive Gas Wells, By Country/Region, Number, 2012-2016

Figure 69: Statoil ASA, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016

Figure 70: Statoil ASA, Gross Productive Oil Wells, By Country/Region, Number, 2012-2016

Figure 71: Statoil ASA, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2012-2016

Figure 72: Statoil ASA, Net Productive Gas Wells, By Country/Region, Number, 2012-2016

Figure 73: Statoil ASA, Net Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016

Figure 74: Statoil ASA, Net Productive Oil Wells, By Country/Region, Number, 2012-2016

Figure 75: Statoil ASA, Exploratory and Developed Wells, 2012-2016

Statoil ASA Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2017

Summary

Statoil ASA 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.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 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.