US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020

US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020

Summary

This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the natural gas assets (gas fields, pipelines, LNG terminals and underground gas storage facilities) in US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020. The report also analyses the fiscal regime relevant to the natural gas assets in US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 and compares the investment environment in US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 with other countries in the region. The profiles of the major companies operating in the natural gas sector in US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 together with the latest news and deals are also included in the report.

Scope

- Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 1995-2020.
- Historical and forecast data and information for all the major gas fields, LNG Terminals, pipelines and underground gas storage facilities in US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 for the period 1995-2020.
- Operator and equity details for major natural gas assets in US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020
- Key information relating to market regulations, key energy assets and the key companies operating in the US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020’s energy industry.
- Detailed information on key fiscal terms (such as rents, bonuses, royalty, cost recovery, profit oil, petroleum and corporate taxes) pertaining the geography is also provided. A sample calculation detailing how fiscal terms apply to a typical asset in the regime is included.
- Information on the top companies in the US Michigan Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 including business description, strategic analysis, and financial information.
- Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
- Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.

Reasons to buy

- Gain a strong understanding of the country’s energy market.
- Facilitate market analysis and forecasting of future industry trends.
- Evaluate the attractiveness of the geography for gas investment in the light of government policies and the fiscal environment.
- Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
- Understand the geography’s policies and fiscal terms, and their impact on contractor’s profits from upstream gas assets.
- Assess your competitor’s major natural gas assets and their performance.
- Analyze the latest news and financial deals in the gas sector of each country.
- Develop strategies based on the latest operational, financial, and regulatory events.
- Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
- Identify and analyze the strengths and weaknesses of the leading companies in the country.

1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10
2 Michigan Energy Sector 11
2.1 Michigan Energy Sector, Market Overview 11
2.2 Michigan Energy Sector, Natural Gas 12
2.2.1 Michigan Natural Gas, Overview 12
2.2.2 Michigan Natural Gas, Supply and Demand Balance 12
2.2.3 Michigan Natural Gas, Regulatory Structure 16
2.2.4 Michigan Natural Gas, Infrastructure 16
3 Michigan Fiscal Environment 18
3.1 Michigan Petroleum Fiscal Environment 18
3.2 License Terms 18
3.3 Key Fiscal Terms 19
3.4 Sample Cashflows Calculations 22
4 Michigan Gas Upstream Investment Environment Benchmarking 23
4.1 Introduction 23
4.2 The Overall Ranking 23
4.3 Upstream Fiscal Attractiveness 23
4.3.1 Revenue Protection 25
4.3.2 Fiscal Flexibility 25
4.4 Gas Sector Performance 25
4.4.1 Gas Production 27
4.4.2 Gas Reserves 27
4.4.3 Gas Consumption 28
5 US Michigan Exploration and Production Sector 29
5.1 US Michigan Exploration and Production Sector, Country Snapshot 29
5.1.1 US Michigan Exploration and Production Sector, Key Data 29
5.1.2 US Michigan Exploration and Production Sector, Natural Gas Assets Map 29
5.2 US Michigan Exploration and Production Sector, Marketed Natural Gas Production 30
5.2.1 US Michigan Exploration and Production Sector, Marketed Natural Gas-Historical Production 30
5.2.2 US Michigan Exploration and Production Sector, Marketed Natural Gas Production by Assets 31
5.2.3 US Michigan Exploration and Production Sector, Marketed Equity Weighted Natural Gas Production by Company 33
5.2.4 US Michigan Exploration and Production Sector, Market Share (%) based on Marketed Natural Gas Production 35
5.3 US Michigan Exploration and Production Sector, Marketed Natural Gas Forecasts 36
5.3.1 US Michigan Exploration and Production Sector, Marketed Natural Gas Forecasted Production 36
6 US Michigan Under Ground Storage Sector 39
6.1 US Michigan Under Ground Storage Sector, Key Data 39
6.2 US Michigan Underground Gas Storage Sector, An Overview 39
6.3 US Michigan Underground Gas Storage Sector, Storage Capacity 40
7 Profile of BP p.l.c. 42
7.1 BP p.l.c., Key Information 42
7.2 BP p.l.c., Company Overview 42
7.3 BP p.l.c., Business Description 42
7.3.1 BP p.l.c., Business Description, Business Overview 42
7.3.2 BP p.l.c., Business Description, Exploration and Production 43
7.3.3 BP p.l.c., Business Description, Other Businesses and Corporate Segment 44
7.3.4 BP p.l.c., Business Description, Refining and Marketing 45
7.4 BP p.l.c., Value Chain Analysis 47
7.4.1 BP p.l.c., Value Chain Analysis, Upstream 48
7.4.2 BP p.l.c., Value Chain Analysis, Midstream 48
7.4.3 BP p.l.c., Value Chain Analysis, Downstream 49
7.4.4 BP p.l.c., Value Chain Analysis, Retail 49
7.5 BP p.l.c., SWOT Analysis 50
7.5.1 BP p.l.c., SWOT Analysis, Overview 50
7.5.2 BP p.l.c., SWOT Analysis, Strengths 50
7.5.3 BP p.l.c., SWOT Analysis, Weaknesses 51
7.5.4 BP p.l.c., SWOT Analysis, Opportunities 51
7.5.5 BP p.l.c., SWOT Analysis, Threats 52
7.6 BP p.l.c., Revenue Analysis 53
7.6.1 BP p.l.c., Revenue by Segment 53
7.6.2 BP p.l.c., Revenue by Geography 54
7.7 BP p.l.c., Financial and Operational Review 55
7.7.1 Financial Statements 55
7.7.2 Financial Ratios 56
8 Profile of ConocoPhillips 57
8.1 ConocoPhillips, Key Information 57
8.2 ConocoPhillips, Company Overview 57
8.3 ConocoPhillips, Business Description 57
8.3.1 ConocoPhillips, Business Description, Business Overview 57
8.3.2 ConocoPhillips, Business Description, Chemicals Segment 58
8.3.3 ConocoPhillips, Business Description, Emerging Businesses Segment 58
8.3.4 ConocoPhillips, Business Description, Exploration and Production Segment 60
8.3.5 ConocoPhillips, Business Description, LUKOIL Investment 61
8.3.6 ConocoPhillips, Business Description, Midstream Segment 61
8.3.7 ConocoPhillips, Business Description, Refining, Marketing and Transportation 62
8.4 ConocoPhillips, Value Chain Analysis 64
8.4.1 ConocoPhillips, Value Chain Analysis, Upstream 64
8.4.2 ConocoPhillips, Value Chain Analysis, Midstream 65
8.4.3 ConocoPhillips, Value Chain Analysis, Downstream 66
8.4.4 ConocoPhillips, Value Chain Analysis, Retail 66
8.5 ConocoPhillips, SWOT Analysis 67
8.5.1 ConocoPhillips, SWOT Analysis, Overview 67
8.5.2 ConocoPhillips, SWOT Analysis, Strengths 68
8.5.3 ConocoPhillips, SWOT Analysis, Weaknesses 69
8.5.4 ConocoPhillips, SWOT Analysis, Opportunities 69
8.5.5 ConocoPhillips, SWOT Analysis, Threats 70
8.6 ConocoPhillips, Revenue Analysis 71
8.7 ConocoPhillips, Revenue Analysis, Revenue by Segment 71
8.7.1 ConocoPhillips, Revenue Analysis, Revenue by Geography 72
8.8 ConocoPhillips, Financial and Operational Review 73
8.8.1 Financial Statements 73
8.8.2 Financial Ratios 74
9 Profile of Exxon Mobil Corporation 75
9.1 Exxon Mobil Corporation, Key Information 75
9.2 Exxon Mobil Corporation, Company Overview 75
9.3 Exxon Mobil Corporation, Business Description 75
9.3.1 Exxon Mobil Corporation, Business Description, Business Overview 75
9.3.2 Exxon Mobil Corporation, Business Description, Chemical 75
9.3.3 Exxon Mobil Corporation, Business Description, Downstream 77
9.3.4 Exxon Mobil Corporation, Business Description, Upstream 78
9.4 Exxon Mobil Corporation, Value Chain Analysis 80
9.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream 80
9.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 81
9.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 82
9.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail 82
9.5 Exxon Mobil Corporation, SWOT Analysis 82
9.5.1 Exxon Mobil Corporation, SWOT Analysis, Overview 82
9.5.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 83
9.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 85
9.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 86
9.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 87
9.6 Exxon Mobil Corporation, Revenue Analysis 89
9.6.1 Exxon Mobil Corporation, Revenue by Segment 89
9.6.2 Exxon Mobil Corporation, Revenue by Geography 89
9.7 Exxon Mobil Corporation, Financial and Operational Review 91
9.7.1 Financial Statements 91
9.7.2 Financial Ratios 92
10 Financial Deals Landscape 93
10.1 Detailed Deal Summary 93
10.1.1 Acquisition 93
10.1.2 Private Equity 100
10.1.3 Equity Offerings 103
10.1.4 Debt Offerings 110
10.1.5 Partnerships 117
10.1.6 Asset Transactions 119
11 Recent Developments 126
11.1 License Rounds 126
11.1.1 Jun 11, 2009: BLM Delays Oil, Gas Lease Sales In South County 126
11.2 License Awards 127
11.2.1 Jun 16, 2009: Tricor Ten Section Files Application With FERC For Gas Storage Facility In Kern County, California 127
11.2.2 Jun 11, 2009: ELK Petroleum Receives APD Approval For Grieve #39A Well In Wyoming 128
11.2.3 Jun 08, 2009: ATP Oil & Gas Wins Green Canyon Block 344 In Central Gulf Of Mexico Offshore Lease Sale 208 128
11.3 Strategy and Business Expansion 128
11.3.1 Jun 04, 2009: Valero Energy Suspends Hydrocracker Project At Its Port Arthur Refinery In Texas 128
11.3.2 Jun 01, 2009: Kinder Morgan Energy Announces Open Season For Crude Oil Shipments On Cochin Pipeline 129
11.3.3 Jun 01, 2009: Tricor Ten Section Announces Non-Binding Open Season For Natural Gas Storage Facility In California 130
11.3.4 May 28, 2009: Cabot Oil & Gas Opens New Regional Office In Pittsburgh 130
11.4 Recent Discoveries 131
11.4.1 Jun 17, 2009: American Energy Resources Strikes Oil At Bonita Springs 4A Well In Gove County, Kansas 131
11.4.2 Jun 09, 2009: Antares Energy Finds Gas At Frances Dilworth No. 2 Well In McMullen County, Texas 132
11.4.3 Jun 04, 2009: KFG Resources Discovers Oil At Fayette Field In Jefferson County, Mississippi 133
11.4.4 Jun 03, 2009: American Energy Resources Finds Oil Reserve In Lane County, Kansas 134
11.4.5 Jun 02, 2009: Stone Energy Announces Deepwater Discovery In Pyrenees Prospect, Gulf Of Mexico 134
11.5 Drilling and Production Updates 135
11.5.1 Jun 16, 2009: American Petro-Hunter To Place #1 Lutters Well Into Production 135
11.5.2 Jun 16, 2009: Daytona Energy's Walker #1H Well Flowing Gas To Sales 135
11.5.3 Jun 15, 2009: Golden Gate Petroleum Updates On Jumonville #2 Bullseye Prospect In Iberville Parish, Louisiana 136
11.5.4 Jun 15, 2009: Pryme Oil and Gas Commences Production From Crosby 16 No.1 Well In Four Rivers Project, Louisiana 137
11.5.5 Jun 15, 2009: Harvest Natural Resources Begins Drilling Operations At Bar F No. 1-20-3-2 Well In Antelope Project, Utah 138
11.6 Financial Announcements 139
11.6.1 Jun 15, 2009: Green Star Energies Posts $1.67 Million Net Gain In Q1 2009 139
11.6.2 May 21, 2009: Beard Reports Net Loss Of $266,000 In Q1 2009 140
11.6.3 May 20, 2009: PrimeEnergy Posts Net Loss Of $3.5 Million In Q1 2009 140
11.6.4 May 19, 2009: John D. Oil and Gas Posts Revenue Of $1.4 Million In Q1 2009 141
11.6.5 May 18, 2009: Frontera Resources Reports $7.9 Million Net Loss In Q1 2009 141
11.7 Other Significant Developments 145
11.7.1 Jun 16, 2009: GMX Resources Provides Operations Update 145
11.7.2 Jun 16, 2009: StatoilHydro Signs LNG Deal With RasGas For Cove Point Terminal In US 145
11.7.3 Jun 16, 2009: Duke Energy Appoints Lynn J. Good As Group Executive And CFO 145
11.7.4 Jun 16, 2009: Energy Partners Wins Court Approval For Its Disclosure Statement 146
11.7.5 Jun 15, 2009: Circumpacific Energy President Peter Simpson Resigns 147
11.8 New Contracts Announcements 147
11.8.1 Jun 16, 2009: ForeRunner Wins Three Natural Gas Storage Projects In Western US 147
11.8.2 Jun 10, 2009: Clean Energy Wins Natural Gas Fuel Supply Contract From City Of Phoenix Public Transit Department 148
12 Appendix 149
12.1 Methodology 149
12.1.1 Coverage 150
12.1.2 Secondary Research 151
12.1.3 Primary Research 151
12.1.4 E&P Forecasts 151
12.1.5 Midstream Forecasts 153
12.1.6 Expert Panel Validation 153
12.2 Contact Us 153
12.3 About GlobalData 153
12.4 Disclaimer 154