OMV AG Oil & Gas Exploration and Production Operations and Cost Analysis - Q2, 2018
November 2018
106
About the Report
About the Report
OMV AG Oil & Gas Exploration and Production Operations and Cost Analysis-Q2, 2018
Summary
OMV AG 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.
OMV Aktiengesellschaft (OMV) is an integrated oil and gas company. It explores for, develops and produces natural gas and crude oil. The company explores oil fields in Central and Eastern Europe; North Sea; and the Middle East and Africa. OMV also explores fields in selected development areas in New Zealand, Australia, and Madagascar; and Russia. It refines crude oil, and processes that into petroleum products. The company operates refineries in Austria, Germany, and Romania. OMV carries out gas transit through and transport within Austria, gas storage, marketing, and trading operations. It operates natural gas transmission pipelines in Austria; holds interests in the Central European Gas Hub; and operates gas-fired power plants in Romania and Turkey. The company sells processed petroleum products to commercial and private customers. OMV is headquartered in Vienna, Austria.
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.
Products
Products
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
Table of Contents
Table of Contents
Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Company Snapshot 7
Key Information 7
Company Overview 7
OMV AG, Valuation and Financial Data 8
OMV AG, Share Price Performance 8
Share Price Performance, Q2, 2017-Q2, 2018 8
OMV AG, Key Valuation Metrics 9
Key Valuation Metrics, Q2, 2017-Q2, 2018 9
OMV AG, Quarterly Results of Oil & Gas Operations Per boe Produced 10
Results of Oil & Gas Operations Per boe Produced, Q2, 2017-Q2, 2018 10
Results of Oil & Gas Operations Per boe Growth Rates, Q2, 2017-Q2, 2018 11
OMV AG, Quarterly E&P Costs Trends 12
Upstream Capital Expenditure, Q2, 2017-Q2, 2018 12
OMV AG, Quarterly Production Trends 13
OMV AG, Total Oil and Gas Production 13
Total Crude Oil and Natural Gas Production Trend, Q2, 2017-Q2, 2018 13
OMV AG, Crude Oil Production 15
Total Crude Oil Production Trend, Q2, 2017-Q2, 2018 15
OMV AG, Natural Gas Production 16
Total Natural Gas Production Trend, Q2, 2017-Q2, 2018 16
OMV AG, Valuation and Financial Data, 2013-2017 17
OMV AG, Share Price Performance, 2013-2017 17
Share Price Performance, 2013-2017 17
Key Valuation Metrics, 2013-2017 19
OMV AG, 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 25
Crude Oil/Liquids Production and Reserve 27
Crude Oil/Liquids Production and Reserve Trend, 2013-2017 27
Crude Oil Production and Reserves By Country/Region, 2013-2017 29
Crude Oil/Liquids Reserve Changes, 2013-2017 32
Natural Gas Production and Reserve 34
Natural Gas Production and Reserve Trend, 2013-2017 34
Natural Gas Production and Reserves, By Country/Region, 2013-2017 36
Natural Gas Reserve Changes, 2013-2017 39
Total Crude Oil and Natural Gas Reserves Life Index 40
Total Crude Oil and Natural Gas Reserves Life Index, 2013-2017 40
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2013-2017 41
OMV AG, E&P Costs Trends 45
Allocation of the Upstream Capital Expenditure 45
Upstream Capital Expenditure, 2013-2017 45
Acquisition Costs By Country/Region, 2013-2017 47
Exploration and Development Costs, By Country/Region, 2013-2017 49
Oil and Gas Cost Per boe, USD /boe 52
Oil and Gas Cost Per boe, USD /boe, 2013-2017 52
Oil and Gas Cost Per boe, USD /boe, By Country/Region, 2013-2017 54
OMV AG, Reserve Replacement Ratio 58
Oil and Gas Production Replacement Ratio 58
Oil and Gas Production Replacement Ratio, 2013-2017 58
Oil and Gas Production Replacement Ratio, By Country/Region, 2013-2017 61
OMV AG, Results of Oil & Gas Operations Trend 69
Oil and Gas Revenue and Expenses 69
Oil and Gas Revenue and Expenses, 2013-2017 69
Oil and Gas Revenue and Expenses, By Country/Region, 2013-2017 71
Oil and Gas Revenue and Expenses, Per boe 80
Oil and Gas Revenue and Expenses, By boe, 2013-2017 80
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2013-2017 82
Oil and Gas Performance Metrics 91
Exploration and Development Wells Drilled, 2013-2017 92
Exploration and Development Wells Drilled, By Country/Region, 2013-2017 94
Recent Developments 95
OMV AG-Recent Developments 95
Oct 29, 2018: Global Petroleum announces September 2018 quarterly report 95
Oct 25, 2018: Libya's future dependent on oil sector unity: NOC chairman 97
Oct 15, 2018: OMV and Schlumberger sign Memorandum of Understanding 98
Oct 04, 2018: OMV agrees to buy Gazprom gas assets 98
Oct 04, 2018: Gazprom and OMV sign memorandum on strategic cooperation 99
Oct 04, 2018: NOC and OMV inaugurate renewable energy laboratory at Jikharra Higher Institute for Energy 100
Sep 28, 2018: OMV begins oil production at Umm Lulu and SARB fields in UAE 100
Sep 24, 2018: Gazprom and OMV discuss gas supplies, Nord Stream 2, and cultural cooperation 101
Sep 20, 2018: OMV transforms plastic waste into crude oil 101
Sep 14, 2018: Peter Loscher announced his resignation as Chairman of OMV Supervisory Board at annual general meeting 2019 102
Appendix 103
Methodology 103
Coverage 103
Secondary Research 103
Primary Research 104
Data Information Sources 104
Company Source 104
SEC/Other Regulatory Filings 104
Other Sources 104
Expert Panel Validation 104
Data Definition 105
Oil and Gas Reserves 105
Units of Measure 105
About GlobalData 106
Disclosure 106
Disclaimer 106
List of Figure
List of Figures
Figure 1: OMV AG, Share Price Performance, EUR/Share, Q2, 2017-Q2, 2018 8
Figure 2: OMV AG, Key Valuation Metrics, EV/Production (USD /boed), EV/Proved Reserve (USD /boe), Q2, 2017-Q2, 2018 9
Figure 3: OMV AG, Results of Oil & Gas Operations Per boe Produced, USD /boe, Q2, 2017-Q2, 2018 10
Figure 4: OMV AG, Upstream Capital Expenditure, USD mil, Q2, 2017-Q2, 2018 12
Figure 5: OMV AG, Total Crude Oil and Natural Gas, Production, mmboe, Q2, 2017-Q2, 2018 13
Figure 6: OMV AG, Total Crude Oil Production, mmbbl, Q2, 2017-Q2, 2018 15
Figure 7: OMV AG, Total Natural Gas Production, bcf, Q2, 2017-Q2, 2018 16
Figure 8: OMV AG, Share Price Performance, EUR/Share, 2013-2017 17
Figure 9: OMV AG, Key Valuation Metrics, EV/Production (USD /boed), EV/Proved Reserve (USD /boe), 2013-2017 19
Figure 10: OMV AG, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017 20
Figure 11: OMV AG, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2013-2017 22
Figure 12: OMV AG, Total Oil & Gas Production, By Country/Region, mmboe, 2013-2017 23
Figure 13: OMV AG, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2017 25
Figure 14: OMV AG, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017 27
Figure 15: OMV AG, Oil Reserves, End of Period, By Country/Region, mmbbl, 2013-2017 29
Figure 16: OMV AG, Oil Production, By Country/Region, mmbbl, 2013-2017 30
Figure 17: OMV AG, Crude Oil Reserve Changes, mmbbl, 2017 32
Figure 18: OMV AG, Natural Gas Production and Reserves Metrics, bcf, 2013-2017 34
Figure 19: OMV AG, Gas Reserves, End of Period, By Country/Region, bcf, 2013-2017 36
Figure 20: OMV AG, Gas Production, By Country/Region, bcf, 2013-2017 37
Figure 21: OMV AG, Natural Gas Reserve Changes, bcf, 2017 39
Figure 22: OMV AG, Oil and Gas Reserves Life Index, Years, 2013-2017 40
Figure 23: OMV AG, Gas Reserve Life Index, By Country/Region, Years, 2013-2017 41
Figure 24: OMV AG, Oil & Gas Reserve Life Index, By Country/Region, Years, 2013-2017 42
Figure 25: OMV AG, Oil Reserve Life Index, By Country/Region, Years, 2013-2017 43
Figure 26: OMV AG, Upstream Capital Expenditure, USD mil, 2013-2017 45
Figure 27: OMV AG, Proved Acquisition Costs, By Country/Region, USD mil, 2013-2017 47
Figure 28: OMV AG, Unproved Acquisition Costs, By Country/Region, USD mil, 2013-2017 48
Figure 29: OMV AG, Development Costs, By Country/Region, USD mil, 2013-2017 49
Figure 30: OMV AG, Exploration Costs, By Country/Region, USD mil, 2013-2017 50
Figure 31: OMV AG, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, 2013-2017 52
Figure 32: OMV AG, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 54
Figure 33: OMV AG, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 55
Figure 34: OMV AG, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, USD /boe, 2013-2017 56
Figure 35: OMV AG, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2013-2017 58
Figure 36: OMV AG, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2013-2017 61
Figure 37: OMV AG, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2013-2017 62
Figure 38: OMV AG, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2013-2017 63
Figure 39: OMV AG, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2013-2017 64
Figure 40: OMV AG, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2013-2017 65
Figure 41: OMV AG, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2013-2017 66
Figure 42: OMV AG, Revenue and Expenses, USD mil, 2013-2017 69
Figure 43: OMV AG, Exploration Expenses, By Country/Region, USD mil, 2013-2017 71
Figure 44: OMV AG, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 72
Figure 45: OMV AG, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 73
Figure 46: OMV AG, Oil & Gas Revenue, By Country/Region, USD mil, 2013-2017 74
Figure 47: OMV AG, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 75
Figure 48: OMV AG, Production Costs, By Country/Region, USD mil, 2013-2017 76
Figure 49: OMV AG, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, USD mil, 2013-2017 77
Figure 50: OMV AG, Oil and Gas Revenue and Expenses, USD /boe, 2013-2017 80
Figure 51: OMV AG, Exploration Expenses per boe, By Country/Region, USD /boe, 2013-2017 82
Figure 52: OMV AG, Income Tax/(Benefit) per boe, By Country/Region, USD /boe, 2013-2017 83
Figure 53: OMV AG, Lifting Cost per boe, By Country/Region, USD /boe, 2013-2017 84
Figure 54: OMV AG, Annual Net Income per boe, By Country/Region, USD /boe, 2013-2017 85
Figure 55: OMV AG, Oil & Gas Revenue per boe, By Country/Region, USD /boe, 2013-2017 86
Figure 56: OMV AG, Total DD&A per boe, By Country/Region, USD /boe, 2013-2017 87
Figure 57: OMV AG, Total Revenue per boe, By Country/Region, USD /boe, 2013-2017 88
Figure 58: OMV AG, Oil and Gas Performance Metrics, 2013-2017 91
Figure 59: OMV AG, Exploratory and Developed Wells, 2013-2017 92
List of Table
List of Tables
Table 1: OMV AG, Key Facts 7
Table 2: OMV AG, Share Price Performance, Q2, 2017-Q2, 2018 8
Table 3: OMV AG, Key Valuation Metrics, Q2, 2017-Q2, 2018 9
Table 4: OMV AG, Results of Oil & Gas Operations Per boe Produced, USD /boe, Q2, 2017-Q2, 2018 10
Table 5: OMV AG, Results of Oil & Gas Operations Per boe Growth Rates, %, Q2, 2017-Q2, 2018 11
Table 6: OMV AG, Upstream Capital Expenditure, Q2, 2017-Q2, 2018 12
Table 7: OMV AG, Total Crude Oil and Natural Gas, Production, Q2, 2017-Q2, 2018 14
Table 8: OMV AG, Total Crude Oil Production, mmbbl, Q2, 2017-Q2, 2018 15
Table 9: OMV AG, Total Natural Gas Production, bcf, Q2, 2017-Q2, 2018 16
Table 10: OMV AG, Share Price Performance, 2013-2017 18
Table 11: OMV AG, Key Valuation Metrics, 2013-2017 19
Table 12: OMV AG, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2013-2017 21
Table 13: OMV AG, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2013-2017 24
Table 14: OMV AG, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2013-2017 26
Table 15: OMV AG, Crude Oil Production and Reserves Metrics, mmbbl, 2013-2017 28
Table 16: OMV AG, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2013-2017 31
Table 17: OMV AG, Crude Oil Reserve Changes, mmbbl, 2013-2017 33
Table 18: OMV AG, Natural Gas Production and Reserves Metrics, bcf, 2013-2017 35
Table 19: OMV AG, Natural Gas Production and Reserves, By Country/Region, bcf, 2013-2017 38
Table 20: OMV AG, Natural Gas Reserve Changes, bcf, 2013-2017 39
Table 21: OMV AG, Oil and Gas Reserves Life Index, Years, 2013-2017 40
Table 22: OMV AG, Oil and Gas Reserves Life Index, By Country/Region, Years, 2013-2017 44
Table 23: OMV AG, Upstream Capital Expenditure, USD mil, 2013-2017 46
Table 24: OMV AG, Proved and Unproved Acquisition Costs, By Country/Region, USD mil, 2013-2017 48
Table 25: OMV AG, Exploration and Development Costs, By Country/Region, USD mil, 2013-2017 51
Table 26: OMV AG, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, 2013-2017 53
Table 27: OMV AG, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, USD /boe, By Country/Region, 2013-2017 57
Table 28: OMV AG, Oil and Gas Production Replacement Ratio, %, 2013-2017 59
Table 29: OMV AG, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2013-2017 67
Table 30: OMV AG, Revenue and Expenses, USD mil, 2013-2017 70
Table 31: OMV AG, Revenue and Expenses, By Country/Region, USD mil, 2013-2017 78
Table 32: OMV AG, Oil and Gas Revenue and Expenses, USD /boe, 2013-2017 81
Table 33: OMV AG, Oil and Gas Revenue and Expenses, USD /boe, By Country/Region, 2013-2017 89
Table 34: OMV AG, Oil and Gas Performance Metrics, 2013-2017 91
Table 35: OMV AG, Exploratory and Developed Wells, 2013-2017 93
Table 36: OMV AG, Exploratory and Developed Wells, By Country/Region, 2013-2017 94
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