Lundin Petroleum AB Oil & Gas Exploration and Production Operations and Cost Analysis - Q2, 2016

GlobalData
101 Pages - GLDATA59090
$250.00

Summary

Lundin Petroleum AB 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.

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Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Company Snapshot 7
Key Information 7
Company Overview 7
Lundin Petroleum AB, Valuation and Financial Data 8
Lundin Petroleum AB, Share Price Performance 8
Share Price Performance, Q2, 2015-Q2, 2016 8
Lundin Petroleum AB, Key Valuation Metrics 9
Key Valuation Metrics, Q2, 2015-Q2, 2016 9
Lundin Petroleum AB, Quarterly Results of Oil & Gas Operations Per boe Produced 10
Results of Oil & Gas Operations Per boe Produced, Q2, 2015-Q2, 2016 10
Results of Oil & Gas Operations Per boe Growth Rates, Q2, 2015-Q2, 2016 11
Lundin Petroleum AB, Quarterly E&P Costs Trends 12
Upstream Capital Expenditure, Q2, 2015-Q2, 2016 12
Lundin Petroleum AB, Quarterly Production Trends 13
Lundin Petroleum AB, Total Oil and Gas Production 13
Total Crude Oil and Natural Gas Production Trend, Q2, 2015-Q2, 2016 13
Total Crude Oil & Natural Gas Production, By Country/Region, Q2, 2015-Q2, 2016 14
Lundin Petroleum AB, Crude Oil Production 15
Total Crude Oil Production Trend, Q2, 2015-Q2, 2016 15
Crude Oil Production, By Country/Region, Q2, 2015-Q2, 2016 16
Lundin Petroleum AB, Natural Gas Production 17
Total Natural Gas Production Trend, Q2, 2015-Q2, 2016 17
Natural Gas Production, By Country/Region, Q2, 2015-Q2, 2016 18
Lundin Petroleum AB, Valuation and Financial Data, 2011-2015 19
Lundin Petroleum AB, Share Price Performance, 2011-2015 19
Share Price Performance, 2011-2015 19
Key Valuation Metrics, 2011-2015 20
Lundin Petroleum AB, Production and Reserves Trends 21
Total Oil and Gas, Reserves and Production 21
Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 21
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 23
Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 25
Crude Oil/Liquids Production and Reserve 26
Crude Oil/Liquids Production and Reserve Trend, 2011-2015 26
Crude Oil Production and Reserves By Country/Region, 2011-2015 27
Crude Oil/Liquids Reserve Changes, 2011-2015 29
Natural Gas Production and Reserve 30
Natural Gas Production and Reserve Trend, 2011-2015 30
Natural Gas Production and Reserves, By Country/Region, 2011-2015 31
Natural Gas Reserve Changes, 2011-2015 33
Total Crude Oil and Natural Gas Reserves Life Index 34
Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 34
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 35
Lundin Petroleum AB, E&P Costs Trends 37
Allocation of the Upstream Capital Expenditure 37
Upstream Capital Expenditure, 2011-2015 37
Exploration and Development Costs, By Country/Region, 2011-2015 38
Oil and Gas Cost Per boe, US$/boe 40
Oil and Gas Cost Per boe, US$/boe, 2011-2015 40
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 42
Lundin Petroleum AB, Reserve Replacement Ratio 45
Oil and Gas Production Replacement Ratio 45
Oil and Gas Production Replacement Ratio, 2011-2015 45
Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 47
Lundin Petroleum AB, Results of Oil & Gas Operations Trend 52
Oil and Gas Revenue and Expenses 52
Oil and Gas Revenue and Expenses, 2011-2015 52
Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 53
Oil and Gas Revenue and Expenses, Per boe 59
Oil and Gas Revenue and Expenses, By boe, 2011-2015 59
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 60
Oil and Gas Performance Metrics 65
Lundin Petroleum AB, Land Holdings and Well Data 66
Developed and Undeveloped Acreage 66
Gross and Net Developed and Undeveloped Acreage, 2011-2015 66
Well Statistics 67
Producible Oil and Gas Well, 2011-2015 67
Producible Oil and Gas Well, By Country/Region, 2011-2015 68
Exploration and Development Wells Drilled, 2011-2015 74
Exploration and Development Wells Drilled, By Country/Region, 2011-2015 75
Recent Developments 77
Lundin Petroleum AB - Recent Developments 77
Nov 28, 2016: PSA: Audit Of Lundin - The Company's Own Follow-Up 77
Nov 24, 2016: Hayward Tyler: Contract Wins 77
Nov 02, 2016: Lundin Petroleum Reports Results For Nine Months Ended 30 September 2016 78
Sep 01, 2016: Lundin Petroleum, Statoil provide update on Johan Sverdrup project 92
Aug 03, 2016: Lundin Petroleum Provides Report For The Six Months Ended 30 June 2016 93
Jul 21, 2016: Lundin Petroleum Commences The 2016 Southern Barents Sea Drilling Campaign 94
Jul 20, 2016: Lundin: Update On Second Quarter 2016 Financial Results 95
Jul 01, 2016: Rowan Provides Fleet Contract Status Update 95
May 12, 2016: Annual General Meeting Of Lundin Petroleum 12 May 2016 96
May 03, 2016: Statoil To Increase Its Ownership In Lundin Petroleum Through Swap Agreement 97
Appendix 99
Methodology 99
Coverage 99
Secondary Research 99
Primary Research 99
Data Information Sources 100
Company Source 100
SEC/Other Regulatory Filings 100
Other Sources 100
Expert Panel Validation 100
Data Definition 100
Oil and Gas Reserves 100
Units of Measure 101
About GlobalData 101
Disclosure 101
Disclaimer 101

List of Tables
Table 1: Lundin Petroleum AB, Key Facts 7
Table 2: Lundin Petroleum AB, Share Price Performance, Q2, 2015-Q2, 2016 8
Table 3: Lundin Petroleum AB, Key Valuation Metrics, Q2, 2015-Q2, 2016 9
Table 4: Lundin Petroleum AB, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q2, 2015-Q2, 2016 10
Table 5: Lundin Petroleum AB, Results of Oil & Gas Operations Per boe Growth Rates, %, Q2, 2015-Q2, 2016 11
Table 6: Lundin Petroleum AB, Upstream Capital Expenditure, Q2, 2015-Q2, 2016 12
Table 7: Lundin Petroleum AB, Total Crude Oil and Natural Gas, Production, Q2, 2015-Q2, 2016 13
Table 8: Lundin Petroleum AB, Total Oil & Gas Production, By Country/Region, mmboe, Q2, 2015-Q2, 2016 14
Table 9: Lundin Petroleum AB, Total Crude Oil Production, mmbbl, Q2, 2015-Q2, 2016 15
Table 10: Lundin Petroleum AB, Crude Oil Production, By Country/Region, mmbbl, Q2, 2015-Q2, 2016 16
Table 11: Lundin Petroleum AB, Total Natural Gas Production, bcf, Q2, 2015-Q2, 2016 17
Table 12: Lundin Petroleum AB, Natural Gas Production, By Country/Region, bcf, Q2, 2015-Q2, 2016 18
Table 13: Lundin Petroleum AB, Share Price Performance, 2011-2015 19
Table 14: Lundin Petroleum AB, Key Valuation Metrics, 2011-2015 20
Table 15: Lundin Petroleum AB, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22
Table 16: Lundin Petroleum AB, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 24
Table 17: Lundin Petroleum AB, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 25
Table 18: Lundin Petroleum AB, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 26
Table 19: Lundin Petroleum AB, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 28
Table 20: Lundin Petroleum AB, Crude Oil Reserve Changes, mmbbl, 2011-2015 29
Table 21: Lundin Petroleum AB, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 30
Table 22: Lundin Petroleum AB, Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 32
Table 23: Lundin Petroleum AB, Natural Gas Reserve Changes, bcf, 2011-2015 33
Table 24: Lundin Petroleum AB, Oil and Gas Reserves Life Index, Years, 2011-2015 34
Table 25: Lundin Petroleum AB, Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 36
Table 26: Lundin Petroleum AB, Upstream Capital Expenditure, US$ mil, 2011-2015 37
Table 27: Lundin Petroleum AB, Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 39
Table 28: Lundin Petroleum AB, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 41
Table 29: Lundin Petroleum AB, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 44
Table 30: Lundin Petroleum AB, Oil and Gas Production Replacement Ratio, %, 2011-2015 46
Table 31: Lundin Petroleum AB, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 50
Table 32: Lundin Petroleum AB, Revenue and Expenses, US$ mil, 2011-2015 52
Table 33: Lundin Petroleum AB, Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 57
Table 34: Lundin Petroleum AB, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 59
Table 35: Lundin Petroleum AB, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 63
Table 36: Lundin Petroleum AB, Oil and Gas Performance Metrics, 2011-2015 65
Table 37: Lundin Petroleum AB, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 66
Table 38: Lundin Petroleum AB, Producible Oil and Gas Wells, 2011-2015 67
Table 39: Lundin Petroleum AB, Producible Oil and Gas Wells, By Country/Region, 2011-2015 72
Table 40: Lundin Petroleum AB, Exploratory and Developed Wells, 2011-2015 74
Table 41: Lundin Petroleum AB, Exploratory and Developed Wells, By Country/Region, 2011-2015 75

List of Figures
Figure 1: Lundin Petroleum AB, Share Price Performance, SEK/Share, Q2, 2015-Q2, 2016 8
Figure 2: Lundin Petroleum AB, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q2, 2015-Q2, 2016 9
Figure 3: Lundin Petroleum AB, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q2, 2015-Q2, 2016 10
Figure 4: Lundin Petroleum AB, Upstream Capital Expenditure, US$ mil, Q2, 2015-Q2, 2016 12
Figure 5: Lundin Petroleum AB, Total Crude Oil and Natural Gas, Production, mmboe, Q2, 2015-Q2, 2016 13
Figure 6: Lundin Petroleum AB, Total Oil & Gas Production, By Country/Region, mmboe, Q2, 2015-Q2, 2016 14
Figure 7: Lundin Petroleum AB, Total Crude Oil Production, mmbbl, Q2, 2015-Q2, 2016 15
Figure 8: Lundin Petroleum AB, Crude Oil Production, By Country/Region, mmbbl, Q2, 2015-Q2, 2016 16
Figure 9: Lundin Petroleum AB, Total Natural Gas Production, bcf, Q2, 2015-Q2, 2016 17
Figure 10: Lundin Petroleum AB, Natural Gas Production, By Country/Region, bcf, Q2, 2015-Q2, 2016 18
Figure 11: Lundin Petroleum AB, Share Price Performance, SEK/Share, 2011-2015 19
Figure 12: Lundin Petroleum AB, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 20
Figure 13: Lundin Petroleum AB, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 21
Figure 14: Lundin Petroleum AB, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 23
Figure 15: Lundin Petroleum AB, Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 23
Figure 16: Lundin Petroleum AB, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 25
Figure 17: Lundin Petroleum AB, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 26
Figure 18: Lundin Petroleum AB, Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 27
Figure 19: Lundin Petroleum AB, Oil Production, By Country/Region, mmbbl, 2011-2015 27
Figure 20: Lundin Petroleum AB, Crude Oil Reserve Changes, mmbbl, 2015 29
Figure 21: Lundin Petroleum AB, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 30
Figure 22: Lundin Petroleum AB, Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 31
Figure 23: Lundin Petroleum AB, Gas Production, By Country/Region, bcf, 2011-2015 31
Figure 24: Lundin Petroleum AB, Natural Gas Reserve Changes, bcf, 2015 33
Figure 25: Lundin Petroleum AB, Oil and Gas Reserves Life Index, Years, 2011-2015 34
Figure 26: Lundin Petroleum AB, Gas Reserve Life Index, By Country/Region, Years, 2011-2015 35
Figure 27: Lundin Petroleum AB, Oil & Gas Reserve Life Index, By Country/Region, Years, 2011-2015 35
Figure 28: Lundin Petroleum AB, Oil Reserve Life Index, By Country/Region, Years, 2011-2015 36
Figure 29: Lundin Petroleum AB, Upstream Capital Expenditure, US$ mil, 2011-2015 37
Figure 30: Lundin Petroleum AB, Development Costs, By Country/Region, US$ mil, 2011-2015 38
Figure 31: Lundin Petroleum AB, Exploration Costs, By Country/Region, US$ mil, 2011-2015 38
Figure 32: Lundin Petroleum AB, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 40
Figure 33: Lundin Petroleum AB, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 42
Figure 34: Lundin Petroleum AB, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 42
Figure 35: Lundin Petroleum AB, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 43
Figure 36: Lundin Petroleum AB, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 45
Figure 37: Lundin Petroleum AB, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 47
Figure 38: Lundin Petroleum AB, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 47
Figure 39: Lundin Petroleum AB, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 48
Figure 40: Lundin Petroleum AB, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 48
Figure 41: Lundin Petroleum AB, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 49
Figure 42: Lundin Petroleum AB, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 49
Figure 43: Lundin Petroleum AB, Revenue and Expenses, US$ mil, 2011-2015 52
Figure 44: Lundin Petroleum AB, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 53
Figure 45: Lundin Petroleum AB, Exploration Expenses, By Country/Region, US$ mil, 2011-2015 53
Figure 46: Lundin Petroleum AB, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54
Figure 47: Lundin Petroleum AB, Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 54
Figure 48: Lundin Petroleum AB, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 55
Figure 49: Lundin Petroleum AB, Production Costs, By Country/Region, US$ mil, 2011-2015 55
Figure 50: Lundin Petroleum AB, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 56
Figure 51: Lundin Petroleum AB, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 59
Figure 52: Lundin Petroleum AB, Exploration Expenses per boe, By Country/Region, US$/boe, 2011-2015 60
Figure 53: Lundin Petroleum AB, Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 60
Figure 54: Lundin Petroleum AB, Annual Net Income per boe, By Country/Region, US$/boe, 2011-2015 61
Figure 55: Lundin Petroleum AB, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 61
Figure 56: Lundin Petroleum AB, Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 62
Figure 57: Lundin Petroleum AB, Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 62
Figure 58: Lundin Petroleum AB, Oil and Gas Performance Metrics, 2011-2015 65
Figure 59: Lundin Petroleum AB, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 66
Figure 60: Lundin Petroleum AB, Producible Oil and Gas Wells, 2011-2015 67
Figure 61: Lundin Petroleum AB, Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 68
Figure 62: Lundin Petroleum AB, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 68
Figure 63: Lundin Petroleum AB, Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 69
Figure 64: Lundin Petroleum AB, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 69
Figure 65: Lundin Petroleum AB, Net Productive Gas Wells, By Country/Region, Number, 2011-2015 70
Figure 66: Lundin Petroleum AB, Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 70
Figure 67: Lundin Petroleum AB, Net Productive Oil Wells, By Country/Region, Number, 2011-2015 71
Figure 68: Lundin Petroleum AB, Exploratory and Developed Wells, 2011-2015 74

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