1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9
2 US Alaska Exploration and Production Sector 10
2.1 US Alaska, Exploration And Production Assets Map 10
2.2 US Alaska Exploration and Production Sector, Production 11
2.2.1 US Alaska Exploration and Production Sector, Crude Oil-Historical Production 11
2.2.2 US Alaska Exploration and Production Sector, Natural Gas-Historical Production 12
2.2.3 US Alaska Exploration and Production Sector, Crude Oil Production by Assets 13
2.2.4 US Alaska Exploration and Production Sector, Natural Gas Production by Assets 14
2.2.5 US Alaska Exploration and Production Sector, Crude Oil Production by Company 15
2.2.6 US Alaska Exploration and Production Sector, Natural Gas Production by Company 16
2.3 US Alaska Exploration and Production Sector, Forecasts 17
2.3.1 US Alaska Exploration and Production Sector, Crude Oil Forecasted Production 17
2.3.2 US Alaska Exploration and Production Sector, Natural Gas Forecasted Production 18
2.4 US Alaska Exploration And Production Sector, Asset Details 19
2.4.1 US Alaska Exploration And Production Sector, Active Crude Oil Asset Details 19
2.4.2 US Alaska Exploration And Production Sector, Active Natural Gas Asset Details 20
2.5 US Alaska Exploration And Production Sector, Exploration 21
2.5.1 US Alaska Exploration And Production Sector, Total Active Exploration Blocks 21
2.5.2 US Alaska Exploration And Production Sector, Active Exploration Blocks by Company 21
3 Profile of British Petroleum Plc 35
3.1 British Petroleum Plc, Key Information 35
3.2 British Petroleum Plc, Company Overview 35
3.3 British Petroleum Plc, Business Description 35
3.3.1 British Petroleum Plc, Business Description, Business Overview 35
3.3.2 British Petroleum Plc, Business Description, Exploration and Production 35
3.3.3 British Petroleum Plc, Business Description, Gas, Power and Renewables 37
3.3.4 British Petroleum Plc, Business Description, Refining and Marketing 38
3.3.5 British Petroleum Plc, Business Description, Major Products and Services 40
3.4 British Petroleum Plc, Value Chain Analysis 41
3.4.1 British Petroleum Plc, Value Chain Analysis, Upstream 41
3.4.2 British Petroleum Plc, Value Chain Analysis, Midstream 42
3.4.3 British Petroleum Plc, Value Chain Analysis, Downstream 43
3.4.4 British Petroleum Plc, Value Chain Analysis, Retail 44
3.5 British Petroleum Plc, SWOT Analysis 45
3.5.1 British Petroleum Plc, SWOT Analysis, Overview 45
3.5.2 British Petroleum Plc, SWOT Analysis, Strengths 45
3.5.3 British Petroleum Plc, SWOT Analysis, Weaknesses 47
3.5.4 British Petroleum Plc, SWOT Analysis, Opportunities 47
3.5.5 British Petroleum Plc, SWOT Analysis, Threats 48
3.6 British Petroleum Plc, Revenue Analysis 49
3.6.1 British Petroleum Plc, Revenue by Segment 50
3.6.2 British Petroleum Plc, Revenue by Geography 50
3.7 British Petroleum Plc, Financial and Operational Review 52
3.7.1 Financial Statements 52
3.7.2 Financial Ratios 53
4 Profile of ConocoPhillips 54
4.1 ConocoPhillips, Key Information 54
4.2 ConocoPhillips, Company Overview 54
4.3 ConocoPhillips, Business Description 54
4.3.1 ConocoPhillips, Business Description, Overview 54
4.3.2 ConocoPhillips, Business Description, Chemicals Segment 55
4.3.3 ConocoPhillips, Business Description, Emerging Businesses Segment 56
4.3.4 ConocoPhillips, Business Description, Exploration and Production Segment 57
4.3.5 ConocoPhillips, Business Description, LUKOIL Investment 58
4.3.6 ConocoPhillips, Business Description, Midstream Segment 58
4.3.7 ConocoPhillips, Business Description, Refining and Marketing Segment 59
4.4 ConocoPhillips, Value Chain Analysis 61
4.4.1 ConocoPhillips, Value Chain Analysis, Upstream 61
4.4.2 ConocoPhillips, Value Chain Analysis, Midstream 62
4.4.3 ConocoPhillips, Value Chain Analysis, Downstream 63
4.4.4 ConocoPhillips, Value Chain Analysis, Retail 63
4.5 ConocoPhillips, SWOT Analysis 64
4.5.1 ConocoPhillips, SWOT Analysis, Overview 64
4.5.2 ConocoPhillips, SWOT Analysis, Strengths 65
4.5.3 ConocoPhillips, SWOT Analysis, Weaknesses 66
4.5.4 ConocoPhillips, SWOT Analysis, Opportunities 67
4.5.5 ConocoPhillips, SWOT Analysis, Threats 68
4.6 ConocoPhillips, Revenue Analysis 69
4.6.1 ConocoPhillips, Revenue by Segment 69
4.6.2 ConocoPhillips, Revenue by Geography 70
4.7 ConocoPhillips, Financial and Operational Review 71
4.7.1 Financial Statements 71
4.7.2 Financial Ratios 72
5 Profile of Exxon Mobil Corporation 73
5.1 Exxon Mobil Corporation, Key Information 73
5.2 Exxon Mobil Corporation, Company Overview 73
5.3 Exxon Mobil Corporation, Business Description 73
5.3.1 Exxon Mobil Corporation, Business Description, Overview 73
5.3.2 Exxon Mobil Corporation, Business Description, Chemical 73
5.3.3 Exxon Mobil Corporation, Business Description, Downstream 75
5.3.4 Exxon Mobil Corporation, Business Description, Upstream 77
5.4 Exxon Mobil Corporation, Value Chain Analysis 79
5.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream 79
5.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 80
5.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 81
5.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail 81
5.5 Exxon Mobil Corporation, SWOT Analysis 81
5.5.1 Exxon Mobil Corporation, SWOT Analysis, Overview 81
5.5.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 82
5.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 84
5.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 85
5.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 87
5.6 Exxon Mobil Corporation, Revenue Analysis 88
5.6.1 Exxon Mobil Corporation, Revenue by Segment 89
5.6.2 Exxon Mobil Corporation, Revenue by Geography 89
5.7 Exxon Mobil Corporation, Financial and Operational Review 91
5.7.1 Financial Statements 91
5.7.2 Financial Ratios 92
6 Financial Deals Landscape 93
6.1 Detailed Deal Summary 93
6.1.1 Acquisition 93
6.1.2 Equity Offerings 95
6.1.3 Debt Offerings 103
6.1.4 Partnerships 115
6.1.5 Asset Transactions 117
7 Recent Developments 126
7.1 License Rounds 126
7.1.1 Feb 25, 2009: Salazar To Offer New Round Of Oil Shale Research, Development And Demonstration Leases 126
7.2 License Awards 127
7.2.1 Feb 17, 2009: Ameriwest Energy Receives Approval To Drill At Geary Prospect, Wyoming 127
7.3 Strategy and Business Expansion 127
7.3.1 Feb 17, 2009: Gulf Coast Western Announces Expansion Of Exploration Plans For 2009 127
7.4 Recent Discoveries 128
7.4.1 Feb 27, 2009: Aztec Oil & Gas Encounters Gas At West Powell #1 Well In Goliad County, Texas 128
7.4.2 Feb 25, 2009: Amadeus Energy Intersects Oil At Lyles #1 Well In Longville Project, Louisiana 129
7.4.3 Feb 22, 2009: Seisma Oil Research Hits Gas At Los Dos Apache Well #6 In Texas 129
7.4.4 Feb 18, 2009: Nighthawk Energy Discovers Gas At Devon Field In Bourbon County, Kansas 130
7.4.5 Feb 17, 2009: Southern Star Announces Discovery At L. Moore 20-1 Well In Sentell Field, Bossier Parish, Louisiana 130
7.5 Drilling and Production Updates 131
7.5.1 Mar 09, 2009: ExxonMobil To Produce Four Million Bpd Of Oil And Gas In 2009 131
7.5.2 Mar 09, 2009: Victory Energy Updates On Canyon Sandstone Natural Gas Field In Texas Permian Basin 132
7.5.3 Mar 08, 2009: ExxonMobil To Raise Gas Production In Colorado 132
7.5.4 Mar 06, 2009: Enhanced Oil Activates Crossroads No. 202 Well In Lea County, New Mexico 133
7.5.5 Mar 05, 2009: Leni Gas & Oil Provides Production Update 134
7.5.6 Mar 05, 2009: Samson Oil & Gas Updates On Leonard #1-23H Well In Williston Basin, North Dakota 135
7.5.7 Mar 04, 2009: Amadeus Energy Announces Testing Results Of Lyles #1 Well At Longville, Louisiana 136
7.5.8 Mar 03, 2009: Cabot Oil & Gas Completes Drilling Horizontal Wells In Marcellus Play, Eastern Pennsylvania 136
7.5.9 Mar 02, 2009: Approach Resources Reports Year-End 2008 Reserves 137
7.5.10 Mar 02, 2009: Kentucky USA Energy Reaches Total Depth On Francis Grace #3 In US 139
7.6 Financial Announcements 140
7.6.1 Mar 06, 2009: Rex Energy Reports Q4 2008 Results 140
7.6.2 Mar 06, 2009: DTE Energy Declares Dividend 142
7.6.3 Mar 05, 2009: Harvest Natural Resources Reports Q4 2008 Results 142
7.6.4 Mar 05, 2009: Teton Energy Reports 2008 Results 145
7.6.5 Mar 05, 2009: Venoco Reports 2008 Results 148
7.7 Other Significant Developments 151
7.7.1 Mar 09, 2009: ENI Oil and Gas Delays Nikaitchuq Offshore Project In Alaska 151
7.7.2 Mar 09, 2009: ExxonMobil To Elect New Senior Vice President 153
7.7.3 Mar 09, 2009: GMX Resources Reduces CAPEX For 2009 154
7.7.4 Mar 09, 2009: Pacific Energy Resources Files Petition For Chapter 11 Of Bankruptcy Code 154
7.7.5 Mar 05, 2009: BNK Petroleum Provides Operational Update 155
8 Appendix 157
8.1 Methodology 157
8.1.1 Coverage 158
8.1.2 Secondary Research 159
8.1.3 Primary Research 159
8.1.4 E&P Forecasts 159
8.1.5 Midstream Forecasts 161
8.1.6 Expert Panel Validation 161
8.2 Contact Us 162
8.3 About GlobalData 162
8.4 Disclaimer 162
1.1 List of Tables
Table 1: US Alaska, Total Crude Oil Production (MMBBLs), 2001-2008 11
Table 2: US Alaska, Total Natural Gas Production (MMcf), 2001-2008 12
Table 3 US Alaska, Crude Oil Production (MMBBLs), by Assets, 2001-2008 13
Table 4: US Alaska, Natural Gas Production (MMcf), by Assets, 2001-2008 14
Table 5: US Alaska, Crude Oil Production (MMBBLs), by Company, 2001-2008 15
Table 6: US Alaska, Natural Gas Production (MMcf), by Company, 2001-2008 16
Table 7: US Alaska, Crude Oil Production (MMBBLs), Forecast by Assets, 2009-2015 17
Table 8: US Alaska, Natural Gas Production (MMcf), Forecast by Assets, 2009-2015 18
Table 9: US Alaska, Oil Field Assets Details 19
Table 10: US Texas, Gas Field Assets Details 20
Table 11: US Alaska, Total Active Exploration Blocks, 2001-2008 21
Table 12: US Alaska, Exploration Active Blocks by Company, 2001-2008 21
Table 13: British Petroleum Plc, Key Facts 35
Table 14: British Petroleum Plc, SWOT Analysis 45
Table 15: British Petroleum Plc, Revenue by Segment, USD Million, 2003-2007 50
Table 16: British Petroleum Plc, Revenue by Geography, USD Million, 2003-2007 51
Table 17: British Petroleum Plc, Financial Statements, USD Million, 2003-2007 52
Table 18: British Petroleum Plc, Financial Ratios, USD Million, 2003-2007 53
Table 19: ConocoPhillips, Key Facts 54
Table 20: ConocoPhillips, SWOT Analysis 65
Table 21: ConocoPhillips, Revenue by Segment, USD Million, 2003-2007 70
Table 22: ConocoPhillips, Revenue by Geography, USD Million, 2003-2007 70
Table 23: ConocoPhillips, Financial Statements, USD Million, 2003-2007 71
Table 24: ConocoPhillips, Financial Ratios, USD Million, 2003-2007 72
Table 25: Exxon Mobil Corporation, Key Facts 73
Table 26: Exxon Mobil Corporation, SWOT Analysis 82
Table 27: Exxon Mobil Corporation, Revenue by Segment, USD Million, 2003-2007 89
Table 28: Exxon Mobil Corporation, Revenue by Geography, USD Million, 2003-2007 90
Table 29: Exxon Mobil Corporation, Financial Statements, USD Million, 2003-2007 91
Table 30: Exxon Mobil Corporation, Financial Ratios, USD Million, 2003-2007 92
Table 31: Total Acquires 50% Stake In American Shale Oil From IDT 93
Table 32: Mogul Energy Announces Agreement To Acquire 40% Interest In Excelaron 94
Table 33: Delta Petroleum Announces Rights Offering Of Convertible Preferred Stock For $175 Million 95
Table 34: Petrohawk Energy Prices Public Offering Of 22 Million Shares For $385 Million 96
Table 35: Berry Petroleum Files Shelf Registration Statement To Raise $750 Million 98
Table 36: BPZ Energy Completes Private Placement Of Common Stock For $43.6 Million 99
Table 37: Magellan Petroleum Announces Equity Investment Of $10 Million 101
Table 38: Williams Companies Completes Private Placement Of 8.75% Senior Notes For $600 Million 103
Table 39: Plains Exploration & Production Prices Public Offering Of 10% Senior Notes For $365 Million 104
Table 40: Anadarko Petroleum Prices Public Offering Of 7.62% Senior Notes For $500 Million 106
Table 41: Anadarko Petroleum Prices Public Offering Of 8.7% Senior Notes For $600 Million 107
Table 42: Noble Energy Announces Public Offering Of 8.25% Notes For $1,000 Million 108
Table 43: DCP Midstream Completes Private Placement Of 9.75% Notes For $450 Million 109
Table 44: Forest Oil Prices Senior Notes Offering Of $600 Million 110
Table 45: Marathon Oil Prices $700 Million Public Offering Of 6.5% Senior Notes Due 2014 111
Table 46: Marathon Oil Prices $800 Million Public Offering Of 7.5% Senior Notes Due 2019 112
Table 47: Denbury Resources Announces Pricing Of $420 Million Of Senior Subordinated Notes 114
Table 48: Blugrass Energy Plans To Form A Joint Venture In Eastern Kentucky 115
Table 49: Enhanced Oil Resources To Form Joint Venture With Tristone Capital 116
Table 50: EPiC Energy Resources Sells Its Interest In Natural Gas Field 117
Table 51: Berry Petroleum To Sell Its Non-Core Assets In Northeastern Colorado For $154 Million 118
Table 52: Precision Petroleum To Acquire Interest In Four Producing Wells In Oklahoma 119
Table 53: GE Energy To Acquire ATP Innovator Floating Oil And Gas Production Unit 120
Table 54: Nighthawk Energy Completes Acquisition Of Well In Jolly Ranch Group Project 121
Table 55: South Texas Oil To Sell Its Colorado DJ Basin Properties And Its Unit 122
Table 56: Aspen Exploration And Gold Coast Resources To Sell Oil And Gas Assets To Venoco 123
Table 57: Aeon Holdings Acquires Interest In Mineral Leases From Green Star Energies 124
Table 58: EGPI/Firecreek To Acquire New Oil And Gas Projects In Texas 125
1.2 List of Figures
Figure 1: US Alaska, Exploration and Production Assets Map, 2008 10
Figure 2: US Alaska, Total Crude Oil Production (MMBBLs), 2001-2008 11
Figure 3: US Alaska, Total Natural Gas Production (MMcf), 2001-2008 12
Figure 4: British Petroleum Plc, Value Chain Analysis 41
Figure 5: ConocoPhillips, Value Chain Analysis 61
Figure 6: Exxon Mobil Corporation, Value Chain Analysis 79
Figure 7: GlobalData Methodology 158