Companies and Markets
Market Research A to Z | Company Profiles A to Z | Register | Contact Us
+44 (0) 203 086 8600 Call us on

Top 20 North America Independent Exploration and Production (E&P) Companies Benchmarking Analysis

2214.76

Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

Site License

Site License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is intended for use by more than one individual, across for example, a site, an office, or a division or country.

Corporate License

Corporate License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

£2,214.77

Change Currency

GBP EURO USD

Market

Energy and Utilities

Report Type

Market Research

Country

United States

Published

15 July 2009

Number of Pages

147

Report Delivery

Email

Delivery Lead Time

-

Publisher

GlobalData

Report: EnCana Corporation had the highest oil and gas proved reserves of 3,285.3 MMboe among the top 20 North America independent E&P companies

This new report "Top 20 North America Independent Exploration and Production (E&P) Companies Benchmarking Analysis" provides analysis on operational and financial parameters of the top 20 North America independent E&P companies. The report analyses the performance of companies based on indicators such as reserves and production, capital expenditure, costs, acreage, performance metrics, and results of oil and gas operations. It helps in identifying the strengths and weaknesses of the top 20 North America independent E&P companies.

The Top 20 North America Independent E&P Companies Benchmarking Analysis report is based on publicly available data filed with the US Securities and Exchange Commission (SEC) and other similar agencies worldwide. This has then been analyzed by GlobalData’s in house team of experts.

Driven By the Growth in Gas Reserves, Proved Oil and Gas Reserves of the Top 20 North America Independent E&P Companies Increased By 4% In 2008

Proved oil and gas reserves of the top 20 North America independent E&P companies increased in 2008, up from 26.9 billion barrels of oil equivalent (boe) in 2007 to 28.1 billion boe in 2008. The growth in the total oil and gas reserves was driven by the increase in the gas reserves of the companies in the peer group. Total proved gas reserves of the top 20 North America independent E&P companies increased to 105.3 Tcf in 2008, up by 9.2% from the previous year. On the other hand, proved oil reserves of the top 20 North America independent E&P companies declined by 2.9%, from 10,833 Million Barrels (MMbbl) in 2007 to 10,514 MMbbl in 2008. The reported oil and gas reserves volumes were impacted by the negative reserves revisions reported by the companies as a result of the drop in commodity prices at the end of 2008.

Encana Corporation is the Leading Company In Terms Of Proved Oil and Gas Reserves and Production

EnCana Corporation had the highest oil and gas proved reserves of 3,285.3 MMboe among the top 20 North America independent E&P companies. The company also witnessed a growth in both its production and reserves. The company's proved reserves increased by 4.5%, from 3,144 MMboe in 2007 to 3,285 MMboe in 2008. Its total oil and gas production increased to 283 MMboe in 2008, up by 6% from the previous year.

The Total Oil & Gas Production of the Top 20 North America Independent E&P Companies Increased By 5.7% In 2008

Total oil & gas production of the top 20 North America independent E&P companies was 2,270 MMboe in 2008, up by 5.7% from 2007. Gas production of the top 20 North America independent E&P companies went up by 9.1% from 7,660 Bcf in 2007 to 8,355 Bcf in 2008. However, the oil production of the top 20 companies registered only a slight increase of 0.9% over 2007. Penn West Energy Trust witnessed the highest production growth rate among the top 20 North America independent E&P companies. The company’s production grew by 52.5% during 2007-08.

Capital Expenditure of the Top 20 North America Independent E&P Companies Increased Significantly By 40% Driven By the High Crude Oil Price in the First Half Of 2008

Increased exploration and drilling activities along with a significant rise in unproved property acquisition costs led to the rise in the total costs incurred by the top 20 North America independent E&P companies to $98 billion in 2008, up by 40% from the previous year. Total acquisition spending increased significantly by 99% in 2008, up from $17 billion in 2007 to $33.7 billion in 2008, mainly due to rise in unproved property acquisition costs.

XTO Energy Inc., by spending $11,251.0 million on acquisition activities in 2008, ranks first among the top 20 North America independent E&P companies. The company's acquisition cost increased at a CAGR of 52.9% from $2,058.8 million in 2004 to $11,251.0 million in 2008.

Oil and Gas Revenues of the Top 20 North America Independent E&P Companies Increased On Account Of Increase In Production And Higher Realization Price

Average oil and gas revenues per boe of the top 20 North America independent E&P companies increased from $45.0 per boe in 2007 to $56.4 per boe in 2008, a 25.4% increase over the previous year. Revenues of the top 20 North America independent E&P companies increased in 2008 as a result of increased production and a rise in the average realization price as compared to 2007. However, the net income of oil and gas companies was affected by the surging costs and impairment charges in 2008.
Occidental Petroleum Corporation, with net income per boe of $29.9 in 2008, ranks first among the top 20 North America independent E&P companies.

Top 20 North America Independent E&P Companies Benchmarking Analysis report ranks large, independent oil and gas companies in Canada among their peer group companies by comparing them based on performance, scale, growth and exposure.

Scope

- Benchmarks the Top 20 North America Independent E&P Companies against their closest competitors on four key pillars: performance, scale, growth and exposure.
- Provides financial and operational comparison among the Top 20 North America Independent E&P Companies.
- Compares and assesses the performance and business prospects of the Top 20 North America Independent E&P Companies.
- The report compares the Top 20 North America Independent E&P Companies based on their last five years operational and financial data taken from their annual reports and regulatory filings.

Reasons to buy

- Rank your performance against other Top 20 North America Independent E&P Companies using our benchmarking tools and metrics
- Improve decision making on the basis of peer comparison.
- Identify M&A targets from up-to-date information and in-depth analysis on financial and operational parameters of your competitors.
- Exploit the strengths and weakness of your closest competitors by comparing and analyzing their financial and operational parameters.

Speak to an Advisor

Call us on
+44 (0) 203 086 8600

Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

Site License

Site License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is intended for use by more than one individual, across for example, a site, an office, or a division or country.

Corporate License

Corporate License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

£2,214.77

Change Currency

GBP EURO USD

Change Currency

GBP
USD

Become an Affiliate

Do you manage an industry specific website or blog? Are you looking to monetise your web traffic further? Are you a B2B website?

Why not offer your visitors industry specific strategic market reports and company profiles? Our Affiliate Program enables you to provide quality content on your website and to earn money from passing on visitors to our website. If a sale is made from your visitor, you earn commission (a fixed percentage of the price of a product).

Custom Research

Cannot find what you need? We can tailor a report for you. Complete the Custom Research Form and we will provide a quote.

AVAMAE Website design and development by
Accessibility
Close

Contrast settings

Text size settings