MEG Energy Corp Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2017

MEG Energy Corp Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2017


  • Products Id :- GDGE39578OAR
  • |
  • Pages: 80
  • |
  • |
  • |
  Request for Sample Report
  Request A Quote

Executive Summary

Summary

MEG Energy Corp 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.

MEG Energy Corp (MEG) is an oil and gas company that develops and produces from oil sands. The company operates Christina lake, May River and Surmont project. Its technologies comprise steam-assisted gravity drainage, cogeneration, Hi-Q field pilot and eMSAGP. MEG's Christina Lake project is located in the southern Athabasca oil sands region which produces several barrels per day. The company's Hi-Q field pilot is used to improve the quality of oil sands based bitumen allowing it to be shipped in pipelines without blending with light hydrocarbons. The company has operations in the US and Canada. MEG is headquartered in Calgary, Alberta, Canada.

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 (USD boe/d) and EV/Proved Reserve (USD /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.



Read More



Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications

+91-9015378249

Table of Contents

Table of Contents 2

List of Tables 4

List of Figures 5

Company Snapshot 6

Key Information 6

Company Overview 6

MEG Energy Corp, Valuation and Financial Data 7

MEG Energy Corp, Share Price Performance 7

Share Price Performance, Q4, 2016-Q4, 2017 7

MEG Energy Corp, Key Valuation Metrics 8

Key Valuation Metrics, Q4, 2016-Q4, 2017 8

MEG Energy Corp, Quarterly Results of Oil & Gas Operations Per boe Produced 9

Results of Oil & Gas Operations Per boe Produced, Q4, 2016-Q4, 2017 9

Results of Oil & Gas Operations Per boe Growth Rates, Q4, 2016-Q4, 2017 10

MEG Energy Corp, Quarterly E&P Costs Trends 11

Upstream Capital Expenditure, Q4, 2016-Q4, 2017 11

MEG Energy Corp, Quarterly Production Trends 12

MEG Energy Corp, Total Oil and Gas Production 12

Total Crude Oil and Natural Gas Production Trend, Q4, 2016-Q4, 2017 12

Total Crude Oil & Natural Gas Production, By Country/Region, Q4, 2016-Q4, 2017 14

MEG Energy Corp, Crude Oil Production 15

Total Crude Oil Production Trend, Q4, 2016-Q4, 2017 15

Crude Oil Production, By Country/Region, Q4, 2016-Q4, 2017 16

MEG Energy Corp, Valuation and Financial Data, 2013-2017 17

MEG Energy Corp, Share Price Performance, 2013-2017 17

Share Price Performance, 2013-2017 17

Key Valuation Metrics, 2013-2017 19

MEG Energy Corp, Production and Reserves Trends 20

Total Oil and Gas, Reserves and Production 20

Total Crude Oil and Natural Gas Production and Reserves Trend, 2013-2017 20

Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2013-2017 22

Total Crude Oil and Natural Gas Reserve Changes, 2013-2017 24

Crude Oil/Liquids Production and Reserve 25

Crude Oil/Liquids Production and Reserve Trend, 2013-2017 25

Crude Oil Production and Reserves By Country/Region, 2013-2017 27

Crude Oil/Liquids Reserve Changes, 2013-2017 29

Total Crude Oil and Natural Gas Reserves Life Index 30

Total Crude Oil and Natural Gas Reserves Life Index, 2013-2017 30

Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2013-2017 31

MEG Energy Corp, E&P Costs Trends 33

Allocation of the Upstream Capital Expenditure 33

Upstream Capital Expenditure, 2013-2017 33

Oil and Gas Cost Per boe, USD /boe 34

Oil and Gas Cost Per boe, USD /boe, 2013-2017 34

Oil and Gas Cost Per boe, USD /boe, By Country/Region, 2013-2017 36

MEG Energy Corp, Reserve Replacement Ratio 38

Oil and Gas Production Replacement Ratio 38

Oil and Gas Production Replacement Ratio, 2013-2017 38

Oil and Gas Production Replacement Ratio, By Country/Region, 2013-2017 40

MEG Energy Corp, Results of Oil & Gas Operations Trend 44

Oil and Gas Revenue and Expenses 44

Oil and Gas Revenue and Expenses, 2013-2017 44

Oil and Gas Revenue and Expenses, By Country/Region, 2013-2017 46

Oil and Gas Revenue and Expenses, Per boe 50

Oil and Gas Revenue and Expenses, By boe, 2013-2017 50

Oil and Gas Performance Metrics 55

MEG Energy Corp, Land Holdings and Well Data 56

Developed and Undeveloped Acreage 56

Gross and Net Developed and Undeveloped Acreage, 2013-2017 56

Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2013-2017 57

Well Statistics 59

Producible Oil and Gas Well, 2013-2017 59

Producible Oil and Gas Well, By Country/Region, 2013-2017 60

Exploration and Development Wells Drilled, 2013-2017 64

Exploration and Development Wells Drilled, By Country/Region, 2013-2017 65

Recent Developments 66

MEG Energy Corp-Recent Developments 66

Aug 13, 2018: MEG Energy Announces Appointment of Derek Evans to its Board of Directors 66

Aug 08, 2018: MEG Energy Names Derek Evans as New Chief Executive Officer 66

Aug 08, 2018: MEG Energy Names Derek Evans as New Chief Executive Officer 67

Aug 02, 2018: MEG Energy reports second quarter 2018 results, achieving new production record of 98,000 bpd in July with Phase 2B eMSAGP essentially complete 68

Jul 24, 2018: MEG Energy announces resignation of Director 70

May 30, 2018: Government of Canada invests in world-leading clean technology innovations 70

May 10, 2018: MEG Energy Reports Strong First Quarter 2018 Results 71

Apr 23, 2018: MEG Energy Announces Bill McCaffrey, Co-Founder, Director, President & CEO Is Retiring 72

Feb 08, 2018: MEG Energy Reports Strong Fourth Quarter And Full-Year 2017 Results 73

Dec 01, 2017: MEG Energy Announces 2018 Capital Investment Plan Supporting Production To 100,000 Bpd, Sets Stage For Continued Growth In 2019 75

Appendix 77

Methodology 77

Coverage 77

Secondary Research 77

Primary Research 78

Data Information Sources 78

Company Source 78

SEC/Other Regulatory Filings 78

Other Sources 78

Expert Panel Validation 78

Data Definition 79

Oil and Gas Reserves 79

Units of Measure 79

About GlobalData 80

Disclosure 80

Disclaimer 80

List of Figures

Figure 1: MEG Energy Corp, Share Price Performance, CAD/Share, Q4, 2016-Q4, 2017 7

Figure 2: MEG Energy Corp, Key Valuation Metrics, EV/Production (USD /boed), EV/Proved Reserve (USD /boe), Q4, 2016-Q4, 2017 8

Figure 3: MEG Energy Corp, Results of Oil & Gas Operations Per boe Produced, USD /boe, Q4, 2016-Q4, 2017 9

Figure 4: MEG Energy Corp, Upstream Capital Expenditure, USD mil, Q4, 2016-Q4, 2017 11

Figure 5: MEG Energy Corp, Total Crude Oil and Natural Gas, Production, mmboe, Q4, 2016-Q4, 2017 12

Figure 6: MEG Energy Corp, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2016-Q4, 2017 14

Figure 7: MEG Energy Corp, Total Crude Oil Production, mmbbl, Q4, 2016-Q4, 2017 15

Figure 8: MEG Energy Corp, Crude Oil Production, By Country/Region, mmbbl, Q4, 2016-Q4, 2017 16

Figure 9: MEG Energy Corp, Share Price Performance, CAD/Share, 2013-2017 17

Figure 10: MEG Energy Corp, Key Valuation Metrics, EV/Production (USD /boed), EV/Proved Reserve (USD /boe), 2013-2017 19

Figure 11: MEG Energy Corp, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017 20

Figure 12: MEG Energy Corp, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2013-2017 22

Figure 13: MEG Energy Corp, Total Oil & Gas Production, By Country/Region, mmboe, 2013-2017 22

Figure 14: MEG Energy Corp, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017 25

Figure 15: MEG Energy Corp, Oil Reserves, End of Period, By Country/Region, mmbbl, 2013-2017 27

Figure 16: MEG Energy Corp, Oil Production, By Country/Region, mmbbl, 2013-2017 27

Figure 17: MEG Energy Corp, Oil and Gas Reserves Life Index, Years, 2013-2017 30

Figure 18: MEG Energy Corp, Oil & Gas Reserve Life Index, By Country/Region, Years, 2013-2017 31

Figure 19: MEG Energy Corp, Oil Reserve Life Index, By Country/Region, Years, 2013-2017 31

Figure 21: MEG Energy Corp, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, 2013-2017 34

Figure 22: MEG Energy Corp, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 36

Figure 23: MEG Energy Corp, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 36

Figure 24: MEG Energy Corp, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2013-2017 38

Figure 25: MEG Energy Corp, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2013-2017 40

Figure 26: MEG Energy Corp, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2013-2017 40

Figure 27: MEG Energy Corp, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2013-2017 41

Figure 28: MEG Energy Corp, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2013-2017 42

Figure 29: MEG Energy Corp, Revenue and Expenses, USD mil, 2013-2017 44

Figure 30: MEG Energy Corp, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 46

Figure 33: MEG Energy Corp, Oil & Gas Revenue, By Country/Region, USD mil, 2013-2017 46

Figure 35: MEG Energy Corp, Production Costs, By Country/Region, USD mil, 2013-2017 47

Figure 36: MEG Energy Corp, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 48

Figure 37: MEG Energy Corp, Oil and Gas Revenue and Expenses, USD /boe, 2013-2017 50

Figure 39: MEG Energy Corp, Lifting Cost per boe, By Country/Region, USD /boe, 2013-2017 51

Figure 41: MEG Energy Corp, Oil & Gas Revenue per boe, By Country/Region, USD /boe, 2013-2017 51

Figure 42: MEG Energy Corp, Total DD&A per boe, By Country/Region, USD /boe, 2013-2017 52

Figure 43: MEG Energy Corp, Total Revenue per boe, By Country/Region, USD /boe, 2013-2017 53

Figure 44: MEG Energy Corp, Oil and Gas Performance Metrics, 2013-2017 55

Figure 45: MEG Energy Corp, Land Holdings (Developed and Undeveloped Acreage), Acres, 2013-2017 56

Figure 46: MEG Energy Corp, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2013-2017 57

Figure 47: MEG Energy Corp, Total Net Undeveloped Acreage, By Country/Region, Acres, 2013-2017 57

Figure 48: MEG Energy Corp, Producible Oil and Gas Wells, 2013-2017 59

Figure 49: MEG Energy Corp, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2013-2017 60

Figure 50: MEG Energy Corp, Gross Productive Oil Wells, By Country/Region, Number, 2013-2017 60

Figure 51: MEG Energy Corp, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2013-2017 61

Figure 52: MEG Energy Corp, Net Productive Oil & Gas Wells, By Country/Region, Number, 2013-2017 62

Figure 53: MEG Energy Corp, Net Productive Oil Wells, By Country/Region, Number, 2013-2017 62

List of Tables

Table 1: MEG Energy Corp, Key Facts 6

Table 2: MEG Energy Corp, Share Price Performance, Q4, 2016-Q4, 2017 7

Table 3: MEG Energy Corp, Key Valuation Metrics, Q4, 2016-Q4, 2017 8

Table 4: MEG Energy Corp, Results of Oil & Gas Operations Per boe Produced, USD /boe, Q4, 2016-Q4, 2017 9

Table 5: MEG Energy Corp, Results of Oil & Gas Operations Per boe Growth Rates, %, Q4, 2016-Q4, 2017 10

Table 6: MEG Energy Corp, Upstream Capital Expenditure, Q4, 2016-Q4, 2017 11

Table 7: MEG Energy Corp, Total Crude Oil and Natural Gas, Production, Q4, 2016-Q4, 2017 13

Table 8: MEG Energy Corp, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2016-Q4, 2017 14

Table 9: MEG Energy Corp, Total Crude Oil Production, mmbbl, Q4, 2016-Q4, 2017 15

Table 10: MEG Energy Corp, Crude Oil Production, By Country/Region, mmbbl, Q4, 2016-Q4, 2017 16

Table 11: MEG Energy Corp, Share Price Performance, 2013-2017 18

Table 12: MEG Energy Corp, Key Valuation Metrics, 2013-2017 19

Table 13: MEG Energy Corp, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017 21

Table 14: MEG Energy Corp, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2013-2017 23

Table 15: MEG Energy Corp, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2013-2017 24

Table 16: MEG Energy Corp, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017 26

Table 17: MEG Energy Corp, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2013-2017 28

Table 18: MEG Energy Corp, Crude Oil Reserve Changes, mmbbl, 2013-2017 29

Table 19: MEG Energy Corp, Oil and Gas Reserves Life Index, Years, 2013-2017 30

Table 20: MEG Energy Corp, Oil and Gas Reserves Life Index, By Country/Region, Years, 2013-2017 32

Table 21: MEG Energy Corp, Upstream Capital Expenditure, USD mil, 2013-2017 33

Table 23: MEG Energy Corp, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, 2013-2017 35

Table 24: MEG Energy Corp, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, By Country/Region, 2013-2017 37

Table 25: MEG Energy Corp, Oil and Gas Production Replacement Ratio, %, 2013-2017 39

Table 26: MEG Energy Corp, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2013-2017 43

Table 27: MEG Energy Corp, Revenue and Expenses, USD mil, 2013-2017 45

Table 28: MEG Energy Corp, Revenue and Expenses, By Country/Region, USD mil, 2013-2017 49

Table 29: MEG Energy Corp, Oil and Gas Revenue and Expenses, USD /boe, 2013-2017 50

Table 30: MEG Energy Corp, Oil and Gas Revenue and Expenses, USD /boe, By Country/Region, 2013-2017 54

Table 31: MEG Energy Corp, Oil and Gas Performance Metrics, 2013-2017 55

Table 32: MEG Energy Corp, Land Holdings (Developed and Undeveloped Acreage), Acres, 2013-2017 56

Table 33: MEG Energy Corp, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2013-2017 58

Table 34: MEG Energy Corp, Producible Oil and Gas Wells, 2013-2017 59

Table 35: MEG Energy Corp, Producible Oil and Gas Wells, By Country/Region, 2013-2017 63

Table 36: MEG Energy Corp, Exploratory and Developed Wells, 2013-2017 64

Table 37: MEG Energy Corp, Exploratory and Developed Wells, By Country/Region, 2013-2017 65

Single User License:
Report can be used by individual purchaser only

Site License:
Report can be shared by unlimited users within one corporate location, e.g. a regional office

Corporate User License:
Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

To know more information on Purchase by Section, please send a mail to sales [@] kenresearch.com
 

Reserves, Production, Acquisition Costs, Development Costs, Exploration Costs, Total Costs Incurred, Acreage, Well, Price, Oil Reserves, Gas Reserves, Total Oil & Gas Reserves, Oil Production, Gas Production, Total Oil & Gas Production, F&D Costs Per boe, Reserve Replacement Ratio

select a license
Single User License
USD 250 INR 18445
Site License
USD 500 INR 36890
Corporate User License
USD 750 INR 55335

NEWSLETTER BY CATEGORY




Testimonials

An excellent provider. Thorough, precise and outstanding insight. They drill down to what we need and their reports are effective at integrating text with supporting graphics and charts. Their reports are a great resource to go back too. ...

Coherent, high-quality, thoroughly-researched reports. We received a very quick response to all our queries which eventually expedited the entire process....

Well structured, the insights they shared with us were very helpful and reliable. Their timely assistance make their services invaluable to us. I would highly recommend them and would definitely use them again in the future if needed...

The report sent to us was on the point, and its information was quite extensive, well structured, and well researched. More importantly what we valued was your response time and professionalism. As a leading global consulting firm, our clients expect high quality deliverables in short periods of time, so a reliable research partner is essential. For the price that you have charged the quality of your services were exceptional. We look forward to continue our relationship with your team on future engagements....

This is with regards to your report on India PVC pipes and fitting market outlook industry outlook to 2019. This is a very well written report and accept my compliments on the same.... ...



Ken Research Private Limited, Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49
     Gurgaon, Haryana - 122001, India

download

Company Brochure

Engage with Us

sales [@] kenresearch.com