1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10
2 US Gulf of Mexico Fiscal Regime 11
2.1 US Gulf of Mexico Petroleum Fiscal Environment 11
2.2 License Terms 11
2.3 Key Fiscal Terms 12
2.4 Sample Cashflows Calculations 18
3 US Gulf of Mexico Exploration and Production Sector 19
3.1 US Gulf of Mexico Exploration and Production Sector, Crude Oil Assets Map 19
3.2 US Gulf of Mexico Exploration and Production Sector, Gross Crude Oil Production 20
3.2.1 US Gulf of Mexico Exploration and Production Sector, Gross Crude Oil-Historical Production 20
3.2.2 US Gulf of Mexico Exploration and Production Sector, Gross Crude Oil Production by Assets 21
3.2.3 US Gulf of Mexico Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 23
3.2.4 US Gulf of Mexico Exploration and Production Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 25
3.3 US Gulf of Mexico Exploration and Production Sector, Gross Crude Oil Forecasts 26
3.3.1 US Gulf of Mexico Exploration and Production Sector, Gross Crude Oil Forecasted Production 26
3.4 US Gulf of Mexico Exploration And Production Sector, Crude Oil Asset Details 29
3.4.1 US Gulf of Mexico Exploration And Production Sector, Active and Inactive Crude Oil Asset Details 29
3.4.2 US Gulf of Mexico Exploration And Production Sector, Planned Oil Field Assets Details 34
4 US Gulf of Mexico Pipeline Sector 36
4.1 US Gulf of Mexico Pipeline Sector, Key Data 36
4.2 US Gulf of Mexico Pipeline Sector, An Overview 36
4.3 US Gulf of Mexico Pipeline Sector, Crude Oil Pipelines 37
5 Profile of BP p.l.c. 38
5.1 BP p.l.c., Key Information 38
5.2 BP p.l.c., Company Overview 38
5.3 BP p.l.c., Business Description 38
5.3.1 BP p.l.c., Business Description, Business Overview 38
5.3.2 BP p.l.c., Business Description, Exploration and Production 39
5.3.3 BP p.l.c., Business Description, Other Businesses and Corporate Segment 40
5.3.4 BP p.l.c., Business Description, Refining and Marketing 41
5.4 BP p.l.c., Value Chain Analysis 43
5.4.1 BP p.l.c., Value Chain Analysis, Upstream 44
5.4.2 BP p.l.c., Value Chain Analysis, Midstream 44
5.4.3 BP p.l.c., Value Chain Analysis, Downstream 45
5.4.4 BP p.l.c., Value Chain Analysis, Retail 45
5.5 BP p.l.c., SWOT Analysis 46
5.5.1 BP p.l.c., SWOT Analysis, Overview 46
5.5.2 BP p.l.c., SWOT Analysis, Strengths 46
5.5.3 BP p.l.c., SWOT Analysis, Weaknesses 47
5.5.4 BP p.l.c., SWOT Analysis, Opportunities 48
5.5.5 BP p.l.c., SWOT Analysis, Threats 48
5.6 BP p.l.c., Revenue Analysis 49
5.6.1 BP p.l.c., Revenue by Segment 49
5.6.2 BP p.l.c., Revenue by Geography 50
5.7 BP p.l.c., Financial and Operational Review 51
5.7.1 Financial Statements 51
5.7.2 Financial Ratios 52
6 Profile of ConocoPhillips 53
6.1 ConocoPhillips, Key Information 53
6.2 ConocoPhillips, Company Overview 53
6.3 ConocoPhillips, Business Description 53
6.3.1 ConocoPhillips, Business Description, Business Overview 53
6.3.2 ConocoPhillips, Business Description, Chemicals Segment 54
6.3.3 ConocoPhillips, Business Description, Emerging Businesses Segment 54
6.3.4 ConocoPhillips, Business Description, Exploration and Production Segment 56
6.3.5 ConocoPhillips, Business Description, LUKOIL Investment 57
6.3.6 ConocoPhillips, Business Description, Midstream Segment 57
6.3.7 ConocoPhillips, Business Description, Refining, Marketing and Transportation 58
6.4 ConocoPhillips, Value Chain Analysis 60
6.4.1 ConocoPhillips, Value Chain Analysis, Upstream 60
6.4.2 ConocoPhillips, Value Chain Analysis, Midstream 61
6.4.3 ConocoPhillips, Value Chain Analysis, Downstream 62
6.4.4 ConocoPhillips, Value Chain Analysis, Retail 62
6.5 ConocoPhillips, SWOT Analysis 63
6.5.1 ConocoPhillips, SWOT Analysis, Overview 63
6.5.2 ConocoPhillips, SWOT Analysis, Strengths 64
6.5.3 ConocoPhillips, SWOT Analysis, Weaknesses 65
6.5.4 ConocoPhillips, SWOT Analysis, Opportunities 65
6.5.5 ConocoPhillips, SWOT Analysis, Threats 66
6.6 ConocoPhillips, Revenue Analysis 67
6.7 ConocoPhillips, Revenue Analysis, Revenue by Segment 67
6.7.1 ConocoPhillips, Revenue Analysis, Revenue by Geography 68
6.8 ConocoPhillips, Financial and Operational Review 69
6.8.1 Financial Statements 69
6.8.2 Financial Ratios 70
7 Profile of Exxon Mobil Corporation 71
7.1 Exxon Mobil Corporation, Key Information 71
7.2 Exxon Mobil Corporation, Company Overview 71
7.3 Exxon Mobil Corporation, Business Description 71
7.3.1 Exxon Mobil Corporation, Business Description, Business Overview 71
7.3.2 Exxon Mobil Corporation, Business Description, Chemical 71
7.3.3 Exxon Mobil Corporation, Business Description, Downstream 73
7.3.4 Exxon Mobil Corporation, Business Description, Upstream 74
7.4 Exxon Mobil Corporation, Value Chain Analysis 76
7.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream 76
7.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 77
7.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 78
7.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail 78
7.5 Exxon Mobil Corporation, SWOT Analysis 78
7.5.1 Exxon Mobil Corporation, SWOT Analysis, Overview 78
7.5.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 79
7.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 81
7.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 82
7.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 83
7.6 Exxon Mobil Corporation, Revenue Analysis 85
7.6.1 Exxon Mobil Corporation, Revenue by Segment 85
7.6.2 Exxon Mobil Corporation, Revenue by Geography 85
7.7 Exxon Mobil Corporation, Financial and Operational Review 87
7.7.1 Financial Statements 87
7.7.2 Financial Ratios 88
8 Financial Deals Landscape 89
8.1 Detailed Deal Summary 89
8.1.1 Acquisition 89
8.1.2 Private Equity 96
8.1.3 Equity Offerings 99
8.1.4 Debt Offerings 106
8.1.5 Partnerships 113
8.1.6 Asset Transactions 115
9 Recent Developments 122
9.1 License Rounds 122
9.1.1 Jun 11, 2009: BLM Delays Oil, Gas Lease Sales In South County 122
9.2 License Awards 123
9.2.1 Jun 16, 2009: Tricor Ten Section Files Application With FERC For Gas Storage Facility In Kern County, California 123
9.2.2 Jun 11, 2009: ELK Petroleum Receives APD Approval For Grieve #39A Well In Wyoming 124
9.2.3 Jun 08, 2009: ATP Oil & Gas Wins Green Canyon Block 344 In Central Gulf Of Mexico Offshore Lease Sale 208 124
9.3 Strategy and Business Expansion 124
9.3.1 Jun 04, 2009: Valero Energy Suspends Hydrocracker Project At Its Port Arthur Refinery In Texas 124
9.3.2 Jun 01, 2009: Kinder Morgan Energy Announces Open Season For Crude Oil Shipments On Cochin Pipeline 125
9.3.3 Jun 01, 2009: Tricor Ten Section Announces Non-Binding Open Season For Natural Gas Storage Facility In California 126
9.3.4 May 28, 2009: Cabot Oil & Gas Opens New Regional Office In Pittsburgh 126
9.4 Recent Discoveries 127
9.4.1 Jun 17, 2009: American Energy Resources Strikes Oil At Bonita Springs 4A Well In Gove County, Kansas 127
9.4.2 Jun 09, 2009: Antares Energy Finds Gas At Frances Dilworth No. 2 Well In McMullen County, Texas 128
9.4.3 Jun 04, 2009: KFG Resources Discovers Oil At Fayette Field In Jefferson County, Mississippi 129
9.4.4 Jun 03, 2009: American Energy Resources Finds Oil Reserve In Lane County, Kansas 130
9.4.5 Jun 02, 2009: Stone Energy Announces Deepwater Discovery In Pyrenees Prospect, Gulf Of Mexico 130
9.5 Drilling and Production Updates 131
9.5.1 Jun 16, 2009: American Petro-Hunter To Place #1 Lutters Well Into Production 131
9.5.2 Jun 16, 2009: Daytona Energy's Walker #1H Well Flowing Gas To Sales 131
9.5.3 Jun 15, 2009: Golden Gate Petroleum Updates On Jumonville #2 Bullseye Prospect In Iberville Parish, Louisiana 132
9.5.4 Jun 15, 2009: Pryme Oil and Gas Commences Production From Crosby 16 No.1 Well In Four Rivers Project, Louisiana 133
9.5.5 Jun 15, 2009: Harvest Natural Resources Begins Drilling Operations At Bar F No. 1-20-3-2 Well In Antelope Project, Utah 134
9.6 Financial Announcements 134
9.6.1 Jun 15, 2009: Green Star Energies Posts $1.67 Million Net Gain In Q1 2009 134
9.6.2 May 21, 2009: Beard Reports Net Loss Of $266,000 In Q1 2009 135
9.6.3 May 20, 2009: PrimeEnergy Posts Net Loss Of $3.5 Million In Q1 2009 136
9.6.4 May 19, 2009: John D. Oil and Gas Posts Revenue Of $1.4 Million In Q1 2009 136
9.6.5 May 18, 2009: Frontera Resources Reports $7.9 Million Net Loss In Q1 2009 137
9.7 Other Significant Developments 140
9.7.1 Jun 16, 2009: GMX Resources Provides Operations Update 140
9.7.2 Jun 16, 2009: StatoilHydro Signs LNG Deal With RasGas For Cove Point Terminal In US 141
9.7.3 Jun 16, 2009: Duke Energy Appoints Lynn J. Good As Group Executive And CFO 141
9.7.4 Jun 16, 2009: Energy Partners Wins Court Approval For Its Disclosure Statement 142
9.7.5 Jun 15, 2009: Circumpacific Energy President Peter Simpson Resigns 143
9.8 New Contracts Announcements 143
9.8.1 Jun 16, 2009: ForeRunner Wins Three Natural Gas Storage Projects In Western US 143
9.8.2 Jun 10, 2009: Clean Energy Wins Natural Gas Fuel Supply Contract From City Of Phoenix Public Transit Department 143
10 Appendix 145
10.1 Methodology 145
10.1.1 Coverage 146
10.1.2 Secondary Research 147
10.1.3 Primary Research 147
10.1.4 E&P Forecasts 147
10.1.5 Midstream Forecasts 149
10.1.6 Expert Panel Validation 149
10.2 Contact Us 149
10.3 About GlobalData 149
10.4 Disclaimer 150