Osage Exploration and Development, Inc. Oil & Gas Exploration and Production Operations and Cost Analysis - Q3, 2014
Summary
Osage Exploration and Development, Inc. (Osage) is an exploration and production company. The company operates oil and gas properties in the mid-continent region of the US. Its projects include Mississippi Lime and Woodford Shale. Osage identifies oil and gas properties and acquire those exploration properties. The company also acquires and explores new oil fields onshore in the US. It develops Horizontal Mississippian and Woodford project in conjunction with its partners Slawson Exploration and U.S. Energy Development Corp. Osage is headquartered in San Diego, California, the US.
Osage Exploration and Development, Inc. Oil & Gas Exploration and Production Operations and Cost Analysis is the latest report from GlobalData, the industry analysis specialists, that offers comprehensive information on the operational and financial performance of the company. The report is an essential source for key operational data, analysis and strategic insight into company. The report provides latest annual and quarterly overview of production, reserves, share price performance, reserve changes, capital expenditures, acreage, performance metrics and results of oil & gas operations.
Scope
The report provides in-depth analysis and insights into companies’ capital spending, revenues, oil and gas reserves, production, and performance measures. Its scope includes -
- The report provides detailed and unique insights information on the key operational parameters. The report provides a comprehensive overview of production, reserves, reserve changes, capital expenditures, acreage, performance metrics, and results of oil & gas operations.
- Provides analysis of the share price performance of the company and the key valuation multiples. The report provides a comprehensive overview of share price performance and key valuation metrics such as market capitalization, enterprise value, EV/Production ($boe/d) and EV/Proved Reserve ($/boe)
- Provides annual and quarterly information on key operational and financial parameters. Annual information is for the current and the last four years while the quarterly information is for the current and the last four quarters
- The report provides detailed crude oil and natural gas reserves and production information of the company by country as disclosed in their annual report and regulatory filings.
- Contains in-depth and latest information on exploration, development, finding & development, acquisition expenditure, gross and net developed and undeveloped acreage position; key costs and revenue information; and performance metrics of the company as disclosed in their annual report and regulatory filings.
Note: Scope of the report mentioned above is generic and may not be applicable to all the companies. The report is based on the information disclosed by the company in their annual report and regulatory filings. Information that is not disclosed by the company may not be available in the report.
Quarterly information is covered only for those companies which are December ending and files quarter report. There might be cases where countries/regions data column/Charts will be blank for last five years. This is due to companies might have discontinued reporting of that countries/regions during the last five year time period.
Reasons to buy
The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
- Provides up-to-date information and in-depth analysis on operational parameters of the company.
- Identify M&A targets from up-to-date information and in-depth analysis on financial and operational parameters of your competitors.
- Rank your performance against other E&P companies using operational and financial benchmarking metrics.
- Formulate your strategies based on in-depth analysis of your competitors’ financial and operational data.
- Exploit the strengths and weakness of your closest competitors by comparing and analyzing their financial and operational parameters.
- Establish relative performance among the industry’s players based on key operational and financial measures.
Table Of Contents
Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Company Snapshot 8
Key Information 8
Company Overview 8
Osage Exploration and Development, Inc., Valuation and Financial Data 9
Osage Exploration and Development, Inc., Share Price Performance 9
Share Price Performance, Q3, 2013-Q3, 2014 9
Osage Exploration and Development, Inc., Key Valuation Metrics 10
Key Valuation Metrics, Q3, 2013-Q3, 2014 10
Osage Exploration and Development, Inc., Quarterly Results of Oil & Gas Operations Per boe Produced 11
Results of Oil & Gas Operations Per boe Produced, Q3, 2013-Q3, 2014 11
Results of Oil & Gas Operations Per boe Growth Rates, Q3, 2013-Q3, 2014 12
Osage Exploration and Development, Inc., Quarterly E&P Costs Trends 13
Upstream Capital Expenditure, Q3, 2013-Q3, 2014 13
Osage Exploration and Development, Inc., Quarterly Production Trends 14
Osage Exploration and Development, Inc., Total Oil and Gas Production 14
Total Crude Oil and Natural Gas Production Trend, Q3, 2013-Q3, 2014 14
Total Crude Oil & Natural Gas Production, By Country/Region, Q3, 2013-Q3, 2014 15
Osage Exploration and Development, Inc., Crude Oil Production 16
Total Crude Oil Production Trend, Q3, 2013-Q3, 2014 16
Crude Oil Production, By Country/Region, Q3, 2013-Q3, 2014 17
Osage Exploration and Development, Inc., Natural Gas Production 18
Total Natural Gas Production Trend, Q3, 2013-Q3, 2014 18
Natural Gas Production, By Country/Region, Q3, 2013-Q3, 2014 19
Osage Exploration and Development, Inc., Valuation and Financial Data, 2009-2013 20
Osage Exploration and Development, Inc., Share Price Performance, 2009-2013 20
Share Price Performance, 2009-2013 20
Key Valuation Metrics, 2009-2013 21
Osage Exploration and Development, Inc., Production and Reserves Trends 22
Total Oil and Gas, Reserves and Production 22
Total Crude Oil and Natural Gas Production and Reserves Trend, 2009-2013 22
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2009-2013 24
Total Crude Oil and Natural Gas Reserve Changes, 2009-2013 26
Crude Oil/Liquids Production and Reserve 27
Crude Oil/Liquids Production and Reserve Trend, 2009-2013 27
Crude Oil Production and Reserves By Country/Region, 2009-2013 28
Crude Oil/Liquids Reserve Changes, 2009-2013 30
Natural Gas Production and Reserve 31
Natural Gas Production and Reserve Trend, 2009-2013 31
Natural Gas Production and Reserves, By Country/Region, 2009-2013 32
Natural Gas Reserve Changes, 2009-2013 34
Total Crude Oil and Natural Gas Reserves Life Index 35
Total Crude Oil and Natural Gas Reserves Life Index, 2009-2013 35
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2009-2013 36
Osage Exploration and Development, Inc., E&P Costs Trends 38
Allocation of the Upstream Capital Expenditure 38
Upstream Capital Expenditure, 2009-2013 38
Acquisition Costs By Country/Region, 2009-2013 39
Exploration and Development Costs, By Country/Region, 2009-2013 40
Oil and Gas Cost Per boe, US$/boe 41
Oil and Gas Cost Per boe, US$/boe, 2009-2013 41
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2009-2013 42
Osage Exploration and Development, Inc., Reserve Replacement Ratio 44
Oil and Gas Production Replacement Ratio 44
Oil and Gas Production Replacement Ratio, 2009-2013 44
Oil and Gas Production Replacement Ratio, By Country/Region, 2009-2013 46
Osage Exploration and Development, Inc., Results of Oil & Gas Operations Trend 49
Oil and Gas Revenue and Expenses 49
Oil and Gas Revenue and Expenses, 2009-2013 49
Oil and Gas Revenue and Expenses, By Country/Region, 2009-2013 50
Oil and Gas Revenue and Expenses, Per boe 55
Oil and Gas Revenue and Expenses, By boe, 2009-2013 55
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2009-2013 56
Oil and Gas Performance Metrics 60
Osage Exploration and Development, Inc., Land Holdings and Well Data 61
Developed and Undeveloped Acreage 61
Gross and Net Developed and Undeveloped Acreage, 2009-2013 61
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2009-2013 62
Well Statistics 65
Producible Oil and Gas Well, 2009-2013 65
Producible Oil and Gas Well, By Country/Region, 2009-2013 66
Recent Developments 69
Osage Exploration and Development, Inc. - Recent Developments 69
Jan 05, 2015: Osage Exploration And Development Announces 850 BOED Mississippian Well 69
Dec 09, 2014: Osage Exploration And Development Announces 892 BOE Per Day Mississippian Well 70
Nov 13, 2014: Osage Exploration And Development Announces Record Quarterly Financial And Operational Results 70
Oct 15, 2014: Osage Exploration and Development Announces New Well Rates of 1306 BOE 72
Jul 25, 2014: Osage Exploration and Development Announces Appointment to Board of Directors 72
Jul 23, 2014: Osage Exploration and Development Announces 584 BOE IP Rate on First Operated Horizontal Mississippian Well 73
May 16, 2014: Osage Exploration and Development Announces First Quarter Financial and Operational Results 73
Apr 16, 2014: Osage Exploration and Development Spuds First Operated Horizontal Woodford Well 74
Apr 03, 2014: Osage Exploration and Development Announces $30 Million Refinancing with Apollo Investment 74
Appendix 76
Methodology 76
Coverage 76
Secondary Research 76
Primary Research 76
Data Information Sources 77
Company Source 77
SEC/Other Regulatory Filings 77
Other Sources 77
Expert Panel Validation 77
Data Definition 77
Oil and Gas Reserves 77
Units of Measure 78
About GlobalData 78
Disclosure 78
Disclaimer 78
List Of Tables
List of Tables
Table 1: Osage Exploration and Development, Inc., Key Facts 8
Table 2: Osage Exploration and Development, Inc., Share Price Performance, Q3, 2013-Q3, 2014 9
Table 3: Osage Exploration and Development, Inc., Key Valuation Metrics, Q3, 2013-Q3, 2014 10
Table 4: Osage Exploration and Development, Inc., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q3, 2013-Q3, 2014 11
Table 5: Osage Exploration and Development, Inc., Results of Oil & Gas Operations Per boe Growth Rates, %, Q3, 2013-Q3, 2014 12
Table 6: Osage Exploration and Development, Inc., Upstream Capital Expenditure, Q3, 2013-Q3, 2014 13
Table 7: Osage Exploration and Development, Inc., Total Crude Oil and Natural Gas, Production, Q3, 2013-Q3, 2014 14
Table 8: Osage Exploration and Development, Inc., Total Oil & Gas Production, By Country/Region, mmboe, Q3, 2013-Q3, 2014 15
Table 9: Osage Exploration and Development, Inc., Total Crude Oil Production, mmbbl, Q3, 2013-Q3, 2014 16
Table 10: Osage Exploration and Development, Inc., Crude Oil Production, By Country/Region, mmbbl, Q3, 2013-Q3, 2014 17
Table 11: Osage Exploration and Development, Inc., Total Natural Gas Production, bcf, Q3, 2013-Q3, 2014 18
Table 12: Osage Exploration and Development, Inc., Natural Gas Production, By Country/Region, bcf, Q3, 2013-Q3, 2014 19
Table 13: Osage Exploration and Development, Inc., Share Price Performance, 2009-2013 20
Table 14: Osage Exploration and Development, Inc., Key Valuation Metrics, 2009-2013 21
Table 15: Osage Exploration and Development, Inc., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2009-2013 23
Table 16: Osage Exploration and Development, Inc., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2009-2013 25
Table 17: Osage Exploration and Development, Inc., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2009-2013 26
Table 18: Osage Exploration and Development, Inc., Crude Oil Production and Reserves Metrics, mmbbl, 2009-2013 27
Table 19: Osage Exploration and Development, Inc., Crude Oil Production and Reserves, By Country/Region, mmbbl, 2009-2013 29
Table 20: Osage Exploration and Development, Inc., Crude Oil Reserve Changes, mmbbl, 2009-2013 30
Table 21: Osage Exploration and Development, Inc., Natural Gas Production and Reserves Metrics, bcf, 2009-2013 31
Table 22: Osage Exploration and Development, Inc., Natural Gas Production and Reserves, By Country/Region, bcf, 2009-2013 33
Table 23: Osage Exploration and Development, Inc., Natural Gas Reserve Changes, bcf, 2009-2013 34
Table 24: Osage Exploration and Development, Inc., Oil and Gas Reserves Life Index, Years, 2009-2013 35
Table 25: Osage Exploration and Development, Inc., Oil and Gas Reserves Life Index, By Country/Region, Years, 2009-2013 37
Table 26: Osage Exploration and Development, Inc., Upstream Capital Expenditure, US$ mil, 2009-2013 38
Table 27: Osage Exploration and Development, Inc., Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2009-2013 39
Table 28: Osage Exploration and Development, Inc., Exploration and Development Costs, By Country/Region, US$ mil, 2009-2013 40
Table 29: Osage Exploration and Development, Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2009-2013 41
Table 30: Osage Exploration and Development, Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2009-2013 43
Table 31: Osage Exploration and Development, Inc., Oil and Gas Production Replacement Ratio, %, 2009-2013 44
Table 32: Osage Exploration and Development, Inc., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2009-2013 48
Table 33: Osage Exploration and Development, Inc., Revenue and Expenses, US$ mil, 2009-2013 49
Table 34: Osage Exploration and Development, Inc., Revenue and Expenses, By Country/Region, US$ mil, 2009-2013 53
Table 35: Osage Exploration and Development, Inc., Oil and Gas Revenue and Expenses, US$/boe, 2009-2013 55
Table 36: Osage Exploration and Development, Inc., Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2009-2013 59
Table 37: Osage Exploration and Development, Inc., Oil and Gas Performance Metrics, 2009-2013 60
Table 38: Osage Exploration and Development, Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2009-2013 61
Table 39: Osage Exploration and Development, Inc., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2009-2013 64
Table 40: Osage Exploration and Development, Inc., Producible Oil and Gas Wells, 2009-2013 65
Table 41: Osage Exploration and Development, Inc., Producible Oil and Gas Wells, By Country/Region, 2009-2013 68
List Of Figures
List of Figures
Figure 1: Osage Exploration and Development, Inc., Share Price Performance, USD/Share, Q3, 2013-Q3, 2014 9
Figure 2: Osage Exploration and Development, Inc., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q3, 2013-Q3, 2014 10
Figure 3: Osage Exploration and Development, Inc., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q3, 2013-Q3, 2014 11
Figure 4: Osage Exploration and Development, Inc., Upstream Capital Expenditure, US$ mil, Q3, 2013-Q3, 2014 13
Figure 5: Osage Exploration and Development, Inc., Total Crude Oil and Natural Gas, Production, mmboe, Q3, 2013-Q3, 2014 14
Figure 6: Osage Exploration and Development, Inc., Total Oil & Gas Production, By Country/Region, mmboe, Q3, 2013-Q3, 2014 15
Figure 7: Osage Exploration and Development, Inc., Total Crude Oil Production, mmbbl, Q3, 2013-Q3, 2014 16
Figure 8: Osage Exploration and Development, Inc., Crude Oil Production, By Country/Region, mmbbl, Q3, 2013-Q3, 2014 17
Figure 9: Osage Exploration and Development, Inc., Total Natural Gas Production, bcf, Q3, 2013-Q3, 2014 18
Figure 10: Osage Exploration and Development, Inc., Natural Gas Production, By Country/Region, bcf, Q3, 2013-Q3, 2014 19
Figure 11: Osage Exploration and Development, Inc., Share Price Performance, USD/Share, 2009-2013 20
Figure 12: Osage Exploration and Development, Inc., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2009-2013 21
Figure 13: Osage Exploration and Development, Inc., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2009-2013 22
Figure 14: Osage Exploration and Development, Inc., Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2009-2013 24
Figure 15: Osage Exploration and Development, Inc., Total Oil & Gas Production, By Country/Region, mmboe, 2009-2013 24
Figure 16: Osage Exploration and Development, Inc., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2013 26
Figure 17: Osage Exploration and Development, Inc., Crude Oil Production and Reserves Metrics, mmbbl, 2009-2013 27
Figure 18: Osage Exploration and Development, Inc., Oil Reserves, End of Period, By Country/Region, mmbbl, 2009-2013 28
Figure 19: Osage Exploration and Development, Inc., Oil Production, By Country/Region, mmbbl, 2009-2013 28
Figure 20: Osage Exploration and Development, Inc., Crude Oil Reserve Changes, mmbbl, 2013 30
Figure 21: Osage Exploration and Development, Inc., Natural Gas Production and Reserves Metrics, bcf, 2009-2013 31
Figure 22: Osage Exploration and Development, Inc., Gas Reserves, End of Period, By Country/Region, bcf, 2009-2013 32
Figure 23: Osage Exploration and Development, Inc., Gas Production, By Country/Region, bcf, 2009-2013 32
Figure 24: Osage Exploration and Development, Inc., Natural Gas Reserve Changes, bcf, 2013 34
Figure 25: Osage Exploration and Development, Inc., Oil and Gas Reserves Life Index, Years, 2009-2013 35
Figure 26: Osage Exploration and Development, Inc., Gas Reserve Life Index, By Country/Region, Years, 2009-2013 36
Figure 27: Osage Exploration and Development, Inc., Oil & Gas Reserve Life Index, By Country/Region, Years, 2009-2013 36
Figure 28: Osage Exploration and Development, Inc., Oil Reserve Life Index, By Country/Region, Years, 2009-2013 37
Figure 29: Osage Exploration and Development, Inc., Upstream Capital Expenditure, US$ mil, 2009-2013 38
Figure 30: Osage Exploration and Development, Inc., Exploration Costs, By Country/Region, US$ mil, 2009-2013 40
Figure 31: Osage Exploration and Development, Inc., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2009-2013 41
Figure 32: Osage Exploration and Development, Inc., Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2009-2013 42
Figure 33: Osage Exploration and Development, Inc., Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2009-2013 42
Figure 34: Osage Exploration and Development, Inc., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2009-2013 44
Figure 35: Osage Exploration and Development, Inc., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2009-2013 46
Figure 36: Osage Exploration and Development, Inc., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2009-2013 46
Figure 37: Osage Exploration and Development, Inc., 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2009-2013 47
Figure 38: Osage Exploration and Development, Inc., 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2009-2013 47
Figure 39: Osage Exploration and Development, Inc., Revenue and Expenses, US$ mil, 2009-2013 49
Figure 40: Osage Exploration and Development, Inc., Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2009-2013 50
Figure 41: Osage Exploration and Development, Inc., Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2009-2013 50
Figure 42: Osage Exploration and Development, Inc., Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2009-2013 51
Figure 43: Osage Exploration and Development, Inc., Oil & Gas Revenue, By Country/Region, US$ mil, 2009-2013 51
Figure 44: Osage Exploration and Development, Inc., Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2009-2013 52
Figure 45: Osage Exploration and Development, Inc., Production Costs, By Country/Region, US$ mil, 2009-2013 52
Figure 46: Osage Exploration and Development, Inc., Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2009-2013 53
Figure 47: Osage Exploration and Development, Inc., Oil and Gas Revenue and Expenses, US$/boe, 2009-2013 55
Figure 48: Osage Exploration and Development, Inc., Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2009-2013 56
Figure 49: Osage Exploration and Development, Inc., Lifting Cost per boe, By Country/Region, US$/boe, 2009-2013 56
Figure 50: Osage Exploration and Development, Inc., Annual Net Income per boe, By Country/Region, US$/boe, 2009-2013 57
Figure 51: Osage Exploration and Development, Inc., Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2009-2013 57
Figure 52: Osage Exploration and Development, Inc., Total DD&A per boe, By Country/Region, US$/boe, 2009-2013 58
Figure 53: Osage Exploration and Development, Inc., Total Revenue per boe, By Country/Region, US$/boe, 2009-2013 58
Figure 54: Osage Exploration and Development, Inc., Oil and Gas Performance Metrics, 2009-2013 60
Figure 55: Osage Exploration and Development, Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2009-2013 61
Figure 56: Osage Exploration and Development, Inc., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2009-2013 62
Figure 57: Osage Exploration and Development, Inc., Total Net Undeveloped Acreage, By Country/Region, Acres, 2009-2013 62
Figure 58: Osage Exploration and Development, Inc., Total Gross Developed Acreage, By Country/Region, Acres, 2009-2013 63
Figure 59: Osage Exploration and Development, Inc., Total Net Developed Acreage, By Country/Region, Acres, 2009-2013 63
Figure 60: Osage Exploration and Development, Inc., Producible Oil and Gas Wells, 2009-2013 65
Figure 61: Osage Exploration and Development, Inc., Gross Productive Oil & Gas Wells, By Country/Region, Number, 2009-2013 66
Figure 62: Osage Exploration and Development, Inc., Gross Productive Oil Wells, By Country/Region, Number, 2009-2013 66
Figure 63: Osage Exploration and Development, Inc., Net/Gross Oil & Gas Ratio, By Country/Region, %, 2009-2013 67
Figure 64: Osage Exploration and Development, Inc., Net Productive Oil & Gas Wells, By Country/Region, Number, 2009-2013 67
Figure 65: Osage Exploration and Development, Inc., Net Productive Oil Wells, By Country/Region, Number, 2009-2013 68
