1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 8
2 US South Dakota Exploration and Production Sector 9
2.1 US South Dakota, Key Data 9
2.2 US South Dakota, Exploration And Production Assets Map 9
2.3 US South Dakota Exploration and Production Sector, Production 10
2.3.1 US South Dakota Exploration and Production Sector, Crude Oil-Historical Production 10
2.3.2 US South Dakota Exploration and Production Sector, Natural Gas-Historical Production 11
2.3.3 US South Dakota Exploration and Production Sector, Crude Oil Production by Assets 12
2.3.4 US South Dakota Exploration and Production Sector, Natural Gas Production by Assets 13
2.3.5 US South Dakota Exploration and Production Sector, Crude Oil Production by Company 14
2.3.6 US South Dakota Exploration and Production Sector, Natural Gas Production by Company 14
2.4 US South Dakota Exploration and Production Sector, Forecasts 15
2.4.1 US South Dakota Exploration and Production Sector, Crude Oil Forecasted Production 15
2.4.2 US South Dakota Exploration and Production Sector, Natural Gas Forecasted Production 16
2.5 US South Dakota Exploration And Production Sector, Exploration 17
2.5.1 US South Dakota Exploration And Production Sector, Total Active Exploration Blocks 17
2.5.2 US South Dakota Exploration And Production Sector, Active Exploration Blocks by Company 17
3 Profile of British Petroleum Plc 31
3.1 British Petroleum Plc, Key Information 31
3.2 British Petroleum Plc, Company Overview 31
3.3 British Petroleum Plc, Business Description 31
3.3.1 British Petroleum Plc, Business Description, Business Overview 31
3.3.2 British Petroleum Plc, Business Description, Exploration and Production 31
3.3.3 British Petroleum Plc, Business Description, Gas, Power and Renewables 33
3.3.4 British Petroleum Plc, Business Description, Refining and Marketing 35
3.3.5 British Petroleum Plc, Business Description, Major Products and Services 37
3.4 British Petroleum Plc, Value Chain Analysis 38
3.4.1 British Petroleum Plc, Value Chain Analysis, Upstream 40
3.4.2 British Petroleum Plc, Value Chain Analysis, Midstream 40
3.4.3 British Petroleum Plc, Value Chain Analysis, Downstream 41
3.4.4 British Petroleum Plc, Value Chain Analysis, Retail 42
3.5 British Petroleum Plc, SWOT Analysis 43
3.5.1 British Petroleum Plc, SWOT Analysis, Overview 43
3.5.2 British Petroleum Plc, SWOT Analysis, Strengths 44
3.5.3 British Petroleum Plc, SWOT Analysis, Weaknesses 45
3.5.4 British Petroleum Plc, SWOT Analysis, Opportunities 45
3.5.5 British Petroleum Plc, SWOT Analysis, Threats 46
3.6 British Petroleum Plc, Revenue Analysis 47
3.6.1 British Petroleum Plc, Revenue by Segment 48
3.6.2 British Petroleum Plc, Revenue by Geography 48
3.7 British Petroleum Plc, Financial and Operational Review 50
3.7.1 Financial Statements 50
3.7.2 Financial Ratios 51
4 Profile of ConocoPhillips 52
4.1 ConocoPhillips, Key Information 52
4.2 ConocoPhillips, Company Overview 52
4.3 ConocoPhillips, Business Description 52
4.3.1 ConocoPhillips, Business Description, Overview 52
4.3.2 ConocoPhillips, Business Description, Chemicals Segment 53
4.3.3 ConocoPhillips, Business Description, Emerging Businesses Segment 54
4.3.4 ConocoPhillips, Business Description, Exploration and Production Segment 55
4.3.5 ConocoPhillips, Business Description, LUKOIL Investment 56
4.3.6 ConocoPhillips, Business Description, Midstream Segment 56
4.3.7 ConocoPhillips, Business Description, Refining and Marketing Segment 57
4.4 ConocoPhillips, Value Chain Analysis 59
4.4.1 ConocoPhillips, Value Chain Analysis, Upstream 59
4.4.2 ConocoPhillips, Value Chain Analysis, Midstream 60
4.4.3 ConocoPhillips, Value Chain Analysis, Downstream 61
4.4.4 ConocoPhillips, Value Chain Analysis, Retail 62
4.5 ConocoPhillips, SWOT Analysis 62
4.5.1 ConocoPhillips, SWOT Analysis, Overview 62
4.5.2 ConocoPhillips, SWOT Analysis, Strengths 63
4.5.3 ConocoPhillips, SWOT Analysis, Weaknesses 64
4.5.4 ConocoPhillips, SWOT Analysis, Opportunities 65
4.5.5 ConocoPhillips, SWOT Analysis, Threats 66
4.6 ConocoPhillips, Revenue Analysis 67
4.6.1 ConocoPhillips, Revenue by Segment 67
4.6.2 ConocoPhillips, Revenue by Geography 68
4.7 ConocoPhillips, Financial and Operational Review 70
4.7.1 Financial Statements 70
4.7.2 Financial Ratios 71
5 Profile of Exxon Mobil Corporation 72
5.1 Exxon Mobil Corporation, Key Information 72
5.2 Exxon Mobil Corporation, Company Overview 72
5.3 Exxon Mobil Corporation, Business Description 72
5.3.1 Exxon Mobil Corporation, Business Description, Overview 72
5.3.2 Exxon Mobil Corporation, Business Description, Chemical 72
5.3.3 Exxon Mobil Corporation, Business Description, Downstream 74
5.3.4 Exxon Mobil Corporation, Business Description, Upstream 76
5.4 Exxon Mobil Corporation, Value Chain Analysis 78
5.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream 78
5.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 79
5.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 80
5.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail 80
5.5 Exxon Mobil Corporation, SWOT Analysis 80
5.5.1 Exxon Mobil Corporation, SWOT Analysis, Overview 80
5.5.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 81
5.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 83
5.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 85
5.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 86
5.6 Exxon Mobil Corporation, Revenue Analysis 88
5.6.1 Exxon Mobil Corporation, Revenue by Segment 88
5.6.2 Exxon Mobil Corporation, Revenue by Geography 88
5.7 Exxon Mobil Corporation, Financial and Operational Review 90
5.7.1 Financial Statements 90
5.7.2 Financial Ratios 91
6 Financial Deals Landscape 92
6.1 Detailed Deal Summary 92
6.1.1 Acquisition 92
6.1.2 Equity Offerings 94
6.1.3 Debt Offerings 102
6.1.4 Partnerships 114
6.1.5 Asset Transactions 116
7 Recent Developments 125
7.1 License Rounds 125
7.1.1 Feb 25, 2009: Salazar To Offer New Round Of Oil Shale Research, Development And Demonstration Leases 125
7.2 License Awards 126
7.2.1 Feb 17, 2009: Ameriwest Energy Receives Approval To Drill At Geary Prospect, Wyoming 126
7.3 Strategy and Business Expansion 126
7.3.1 Feb 17, 2009: Gulf Coast Western Announces Expansion Of Exploration Plans For 2009 126
7.4 Recent Discoveries 127
7.4.1 Feb 27, 2009: Aztec Oil & Gas Encounters Gas At West Powell #1 Well In Goliad County, Texas 127
7.4.2 Feb 25, 2009: Amadeus Energy Intersects Oil At Lyles #1 Well In Longville Project, Louisiana 128
7.4.3 Feb 22, 2009: Seisma Oil Research Hits Gas At Los Dos Apache Well #6 In Texas 128
7.4.4 Feb 18, 2009: Nighthawk Energy Discovers Gas At Devon Field In Bourbon County, Kansas 128
7.4.5 Feb 17, 2009: Southern Star Announces Discovery At L. Moore 20-1 Well In Sentell Field, Bossier Parish, Louisiana 129
7.5 Drilling and Production Updates 130
7.5.1 Mar 09, 2009: ExxonMobil To Produce Four Million Bpd Of Oil And Gas In 2009 130
7.5.2 Mar 09, 2009: Victory Energy Updates On Canyon Sandstone Natural Gas Field In Texas Permian Basin 130
7.5.3 Mar 08, 2009: ExxonMobil To Raise Gas Production In Colorado 131
7.5.4 Mar 06, 2009: Enhanced Oil Activates Crossroads No. 202 Well In Lea County, New Mexico 132
7.5.5 Mar 05, 2009: Leni Gas & Oil Provides Production Update 133
7.5.6 Mar 05, 2009: Samson Oil & Gas Updates On Leonard #1-23H Well In Williston Basin, North Dakota 134
7.5.7 Mar 04, 2009: Amadeus Energy Announces Testing Results Of Lyles #1 Well At Longville, Louisiana 134
7.5.8 Mar 03, 2009: Cabot Oil & Gas Completes Drilling Horizontal Wells In Marcellus Play, Eastern Pennsylvania 135
7.5.9 Mar 02, 2009: Approach Resources Reports Year-End 2008 Reserves 136
7.5.10 Mar 02, 2009: Kentucky USA Energy Reaches Total Depth On Francis Grace #3 In US 138
7.6 Financial Announcements 138
7.6.1 Mar 06, 2009: Rex Energy Reports Q4 2008 Results 138
7.6.2 Mar 06, 2009: DTE Energy Declares Dividend 140
7.6.3 Mar 05, 2009: Harvest Natural Resources Reports Q4 2008 Results 141
7.6.4 Mar 05, 2009: Teton Energy Reports 2008 Results 144
7.6.5 Mar 05, 2009: Venoco Reports 2008 Results 147
7.7 Other Significant Developments 150
7.7.1 Mar 09, 2009: ENI Oil and Gas Delays Nikaitchuq Offshore Project In Alaska 150
7.7.2 Mar 09, 2009: ExxonMobil To Elect New Senior Vice President 151
7.7.3 Mar 09, 2009: GMX Resources Reduces CAPEX For 2009 152
7.7.4 Mar 09, 2009: Pacific Energy Resources Files Petition For Chapter 11 Of Bankruptcy Code 153
7.7.5 Mar 05, 2009: BNK Petroleum Provides Operational Update 154
8 Appendix 155
8.1 Methodology 155
8.1.1 Coverage 156
8.1.2 Secondary Research 157
8.1.3 Primary Research 157
8.1.4 E&P Forecasts 157
8.1.5 Midstream Forecasts 159
8.1.6 Expert Panel Validation 159
8.2 Contact Us 159
8.3 About GlobalData 159
8.4 Disclaimer 159
1.1 List of Tables
Table 1: US South Dakota, Oil and Gas, Key Statistics, 2008 9
Table 2: US South Dakota, Total Crude Oil Production (MMBBLs), 2001-2008 10
Table 3: US South Dakota, Total Natural Gas Production (MMcf), 2001-2008 11
Table 4: US South Dakota, Crude Oil Production (MMBBLs), by Assets, 2001-2008 12
Table 5: US South Dakota, Natural Gas Production (MMcf), by Assets, 2001-2008 13
Table 6: US South Dakota, Crude Oil Production (MMBBLs), by Company, 2001-2008 14
Table 7: US South Dakota, Natural Gas Production (MMcf), by Company, 2001-2008 14
Table 8: US South Dakota, Total Crude Oil Production(MMBBLs), Forecasts by Assets, 2009-2015 15
Table 9: US South Dakota, Total Natural Gas Production (MMcf), Forecast by Asset, 2009-2015 16
Table 10: US South Dakota, Total Active Exploration Blocks, 2001-2008 17
Table 11: US South Dakota, Exploration Active Blocks by Company, 2001-2008 17
Table 12: British Petroleum Plc, Key Facts 31
Table 13: British Petroleum Plc, SWOT Analysis 43
Table 14: British Petroleum Plc, Revenue by Segment, USD Million, 2003-2007 48
Table 15: British Petroleum Plc, Revenue by Geography, USD Million, 2003-2007 49
Table 16: British Petroleum Plc, Financial Statements, USD Million, 2003-2007 50
Table 17: British Petroleum Plc, Financial Ratios, USD Million, 2003-2007 51
Table 18: ConocoPhillips, Key Facts 52
Table 19: ConocoPhillips, SWOT Analysis 63
Table 20: ConocoPhillips, Revenue by Segment, USD Million, 2003-2007 68
Table 21: ConocoPhillips, Revenue by Geography, USD Million, 2003-2007 69
Table 22: ConocoPhillips, Financial Statements, USD Million, 2003-2007 70
Table 23: ConocoPhillips, Financial Ratios, USD Million, 2003-2007 71
Table 24: Exxon Mobil Corporation, Key Facts 72
Table 25: Exxon Mobil Corporation, SWOT Analysis 81
Table 26: Exxon Mobil Corporation, Revenue by Segment, USD Million, 2003-2007 88
Table 27: Exxon Mobil Corporation, Revenue by Geography, USD Million, 2003-2007 89
Table 28: Exxon Mobil Corporation, Financial Statements, USD Million, 2003-2007 90
Table 29: Exxon Mobil Corporation, Financial Ratios, USD Million, 2003-2007 91
Table 30: Total Acquires 50% Stake In American Shale Oil From IDT 92
Table 31: Mogul Energy Announces Agreement To Acquire 40% Interest In Excelaron 93
Table 32: Delta Petroleum Announces Rights Offering Of Convertible Preferred Stock For $175 Million 94
Table 33: Petrohawk Energy Prices Public Offering Of 22 Million Shares For $385 Million 96
Table 34: Berry Petroleum Files Shelf Registration Statement To Raise $750 Million 97
Table 35: BPZ Energy Completes Private Placement Of Common Stock For $43.6 Million 99
Table 36: Magellan Petroleum Announces Equity Investment Of $10 Million 100
Table 37: Williams Companies Completes Private Placement Of 8.75% Senior Notes For $600 Million 102
Table 38: Plains Exploration & Production Prices Public Offering Of 10% Senior Notes For $365 Million 103
Table 39: Anadarko Petroleum Prices Public Offering Of 7.62% Senior Notes For $500 Million 105
Table 40: Anadarko Petroleum Prices Public Offering Of 8.7% Senior Notes For $600 Million 106
Table 41: Noble Energy Announces Public Offering Of 8.25% Notes For $1,000 Million 107
Table 42: DCP Midstream Completes Private Placement Of 9.75% Notes For $450 Million 108
Table 43: Forest Oil Prices Senior Notes Offering Of $600 Million 109
Table 44: Marathon Oil Prices $700 Million Public Offering Of 6.5% Senior Notes Due 2014 110
Table 45: Marathon Oil Prices $800 Million Public Offering Of 7.5% Senior Notes Due 2019 111
Table 46: Denbury Resources Announces Pricing Of $420 Million Of Senior Subordinated Notes 113
Table 47: Blugrass Energy Plans To Form A Joint Venture In Eastern Kentucky 114
Table 48: Enhanced Oil Resources To Form Joint Venture With Tristone Capital 115
Table 49: EPiC Energy Resources Sells Its Interest In Natural Gas Field 116
Table 50: Berry Petroleum To Sell Its Non-Core Assets In Northeastern Colorado For $154 Million 117
Table 51: Precision Petroleum To Acquire Interest In Four Producing Wells In Oklahoma 118
Table 52: GE Energy To Acquire ATP Innovator Floating Oil And Gas Production Unit 119
Table 53: Nighthawk Energy Completes Acquisition Of Well In Jolly Ranch Group Project 120
Table 54: South Texas Oil To Sell Its Colorado DJ Basin Properties And Its Unit 121
Table 55: Aspen Exploration And Gold Coast Resources To Sell Oil And Gas Assets To Venoco 122
Table 56: Aeon Holdings Acquires Interest In Mineral Leases From Green Star Energies 123
Table 57: EGPI/Firecreek To Acquire New Oil And Gas Projects In Texas 124
1.2 List of Figures
Figure 1: US South Dakota, Exploration and Production Assets Map, 2008 10
Figure 2: US South Dakota, Total Crude Oil Production (MMBBLs), 2001-2008 11
Figure 3: US South Dakota, Total Natural Gas Production (MMcf), 2001-2008 12
Figure 4: British Petroleum Plc, Value Chain Analysis 39
Figure 5: ConocoPhillips, Value Chain Analysis 60
Figure 6: Exxon Mobil Corporation, Value Chain Analysis 79
Figure 7: GlobalData Methodology 157