Royal Dutch Shell plc Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2017
Summary
Royal Dutch Shell plc 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 metrics, analysis and provides a strategic insight into the company. The report provides an annual and quarterly overview of oil and gas reserves and production, changes in reserves, costs incurred and results of oil and gas operations, acreage and well details, share price performance and key valuation metrics.
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 following -
- The report provides detailed and unique insight information on the key operational metrics. It gives a comprehensive overview of oil and gas production and reserves, costs incurred and results of oil and gas operations, acreage and well details and other performance metrics.
- Provides details with respect to the company’s oil and gas reserves and production information by country. It further consists of in-depth information on the company’s expenditures in relation to the acquisition, exploration and development activities; developed and undeveloped acreage position; key costs and revenue information; and performance metrics of the company as disclosed in its annual reports and regulatory filings.
- Provides a comprehensive overview of the company’s share price performance and key valuation metrics such as market capitalization, enterprise value, EV/Production ($boe/d) and EV/Proved Reserve ($/boe)
- Provides information on key operational and financial metrics on an annual and quarterly basis. The annual information provided is for a five-year period and the quarterly information is for the last five quarters.
*Note:
1. The scope mentioned above is generic and may not apply to all the companies. The report is based on the information disclosed by the companies in their annual and quarterly reports, regulatory filings and other company documents and sources.
2. Quarterly information is provided only for the companies that are December ending and files quarter reports and documents.
3. There can be cases where countries/regions data column/Charts will be blank. This can be due to the fact that the company might have discontinued the reporting of those countries/regions. Information that is not disclosed by the company may not be available in the report.
Reasons to buy
The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
- Be up-to-date with the latest information and in-depth analysis of the operational metrics of the company.
- Identify M&A targets from up-to-date information and in-depth analysis on financial and operational metrics of your competitors.
- Rank your performance against other companies in the exploration and production (E&P) sector 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 metrics.
- Establish relative performance among the industry’s players based on key operational and financial measures.
Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Company Snapshot 7
Key Information 7
Company Overview 7
Royal Dutch Shell plc, Valuation and Financial Data 8
Royal Dutch Shell plc, Share Price Performance 8
Share Price Performance, Q1, 2016-Q1, 2017 8
Royal Dutch Shell plc, Key Valuation Metrics 9
Key Valuation Metrics, Q1, 2016-Q1, 2017 9
Royal Dutch Shell plc, Quarterly E&P Costs Trends 10
Upstream Capital Expenditure, Q1, 2016-Q1, 2017 10
Royal Dutch Shell plc, Quarterly Production Trends 11
Royal Dutch Shell plc, Total Oil and Gas Production 11
Total Crude Oil and Natural Gas Production Trend, Q1, 2016-Q1, 2017 11
Total Crude Oil & Natural Gas Production, By Country/Region, Q1, 2016-Q1, 2017 13
Royal Dutch Shell plc, Crude Oil Production 14
Total Crude Oil Production Trend, Q1, 2016-Q1, 2017 14
Crude Oil Production, By Country/Region, Q1, 2016-Q1, 2017 15
Royal Dutch Shell plc, Natural Gas Production 16
Total Natural Gas Production Trend, Q1, 2016-Q1, 2017 16
Natural Gas Production, By Country/Region, Q1, 2016-Q1, 2017 17
Royal Dutch Shell plc, Valuation and Financial Data, 2012-2016 18
Royal Dutch Shell plc, Share Price Performance, 2012-2016 18
Share Price Performance, 2012-2016 18
Key Valuation Metrics, 2012-2016 19
Royal Dutch Shell plc, Production and Reserves Trends 20
Total Oil and Gas, Reserves and Production 20
Total Crude Oil and Natural Gas Production and Reserves Trend, 2012-2016 20
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2012-2016 22
Total Crude Oil and Natural Gas Reserve Changes, 2012-2016 25
Crude Oil/Liquids Production and Reserve 27
Crude Oil/Liquids Production and Reserve Trend, 2012-2016 27
Crude Oil Production and Reserves By Country/Region, 2012-2016 28
Crude Oil/Liquids Reserve Changes, 2012-2016 31
Natural Gas Production and Reserve 32
Natural Gas Production and Reserve Trend, 2012-2016 32
Natural Gas Production and Reserves, By Country/Region, 2012-2016 33
Natural Gas Reserve Changes, 2012-2016 36
Total Crude Oil and Natural Gas Reserves Life Index 37
Total Crude Oil and Natural Gas Reserves Life Index, 2012-2016 37
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2012-2016 38
Royal Dutch Shell plc, E&P Costs Trends 41
Allocation of the Upstream Capital Expenditure 41
Upstream Capital Expenditure, 2012-2016 41
Acquisition Costs By Country/Region, 2012-2016 43
Exploration and Development Costs, By Country/Region, 2012-2016 45
Oil and Gas Cost Per boe, US$/boe 47
Oil and Gas Cost Per boe, US$/boe, 2012-2016 47
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2012-2016 49
Royal Dutch Shell plc, Reserve Replacement Ratio 53
Oil and Gas Production Replacement Ratio 53
Oil and Gas Production Replacement Ratio, 2012-2016 53
Oil and Gas Production Replacement Ratio, By Country/Region, 2012-2016 56
Royal Dutch Shell plc, Results of Oil & Gas Operations Trend 62
Oil and Gas Revenue and Expenses 62
Oil and Gas Revenue and Expenses, 2012-2016 62
Oil and Gas Revenue and Expenses, By Country/Region, 2012-2016 64
Oil and Gas Revenue and Expenses, Per boe 71
Oil and Gas Revenue and Expenses, By boe, 2012-2016 71
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2012-2016 72
Oil and Gas Performance Metrics 79
Royal Dutch Shell plc, Land Holdings and Well Data 80
Developed and Undeveloped Acreage 80
Gross and Net Developed and Undeveloped Acreage, 2012-2016 80
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2012-2016 81
Well Statistics 85
Producible Oil and Gas Well, 2012-2016 85
Producible Oil and Gas Well, By Country/Region, 2012-2016 86
Exploration and Development Wells Drilled, 2012-2016 92
Exploration and Development Wells Drilled, By Country/Region, 2012-2016 94
Recent Developments 97
Royal Dutch Shell plc - Recent Developments 97
Aug 21, 2017: Nakilat And Shell Complete First Phase Of LNG Carrier Management Transition Programme 97
Aug 19, 2017: Inpex Mulls Azadegan Tender Bid, Int’l consortium 97
Aug 17, 2017: Software Specialist Arnlea Lands Contracts With Operators 99
Aug 17, 2017: Maersk Drilling Secures Important Contracts For Three Rigs 100
Aug 14, 2017: Sun Resources Announces Acquisition Of New Oil Project - Bowsprit 101
Aug 13, 2017: PDO And Oman LNG Sign Collaboration Deal 103
Aug 11, 2017: SPDC JV Restates Commitment To Development Of Host Communities, Debunks Allegations Of Neglect Of Kula, Belema Communities 104
Aug 09, 2017: Nordic American Tankers announces TC arrangements with major oil companies 105
Aug 09, 2017: Shell Launches Methane Detection Pilot 105
Aug 04, 2017: NNPC, Shell, Chevron Sign Agreements To Boost FG Revenue By $16 Billion 106
Appendix 109
Methodology 109
Coverage 109
Secondary Research 109
Primary Research 110
Data Information Sources 110
Company Source 110
SEC/Other Regulatory Filings 110
Other Sources 110
Expert Panel Validation 110
Data Definition 111
Oil and Gas Reserves 111
Units of Measure 111
About GlobalData 112
Disclosure 112
Disclaimer 112
List Of Tables
List of Tables
Table 1: Royal Dutch Shell plc, Key Facts 7
Table 2: Royal Dutch Shell plc, Share Price Performance, Q1, 2016-Q1, 2017 8
Table 3: Royal Dutch Shell plc, Key Valuation Metrics, Q1, 2016-Q1, 2017 9
Table 4: Royal Dutch Shell plc, Upstream Capital Expenditure, Q1, 2016-Q1, 2017 10
Table 5: Royal Dutch Shell plc, Total Crude Oil and Natural Gas, Production, Q1, 2016-Q1, 2017 12
Table 6: Royal Dutch Shell plc, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2016-Q1, 2017 13
Table 7: Royal Dutch Shell plc, Total Crude Oil Production, mmbbl, Q1, 2016-Q1, 2017 14
Table 8: Royal Dutch Shell plc, Crude Oil Production, By Country/Region, mmbbl, Q1, 2016-Q1, 2017 15
Table 9: Royal Dutch Shell plc, Total Natural Gas Production, bcf, Q1, 2016-Q1, 2017 16
Table 10: Royal Dutch Shell plc, Natural Gas Production, By Country/Region, bcf, Q1, 2016-Q1, 2017 17
Table 11: Royal Dutch Shell plc, Share Price Performance, 2012-2016 18
Table 12: Royal Dutch Shell plc, Key Valuation Metrics, 2012-2016 19
Table 13: Royal Dutch Shell plc, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016 21
Table 14: Royal Dutch Shell plc, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2012-2016 23
Table 15: Royal Dutch Shell plc, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2012-2016 26
Table 16: Royal Dutch Shell plc, Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016 27
Table 17: Royal Dutch Shell plc, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2012-2016 29
Table 18: Royal Dutch Shell plc, Crude Oil Reserve Changes, mmbbl, 2012-2016 31
Table 19: Royal Dutch Shell plc, Natural Gas Production and Reserves Metrics, bcf, 2012-2016 32
Table 20: Royal Dutch Shell plc, Natural Gas Production and Reserves, By Country/Region, bcf, 2012-2016 34
Table 21: Royal Dutch Shell plc, Natural Gas Reserve Changes, bcf, 2012-2016 36
Table 22: Royal Dutch Shell plc, Oil and Gas Reserves Life Index, Years, 2012-2016 37
Table 23: Royal Dutch Shell plc, Oil and Gas Reserves Life Index, By Country/Region, Years, 2012-2016 40
Table 24: Royal Dutch Shell plc, Upstream Capital Expenditure, US$ mil, 2012-2016 42
Table 25: Royal Dutch Shell plc, Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2012-2016 44
Table 26: Royal Dutch Shell plc, Exploration and Development Costs, By Country/Region, US$ mil, 2012-2016 46
Table 27: Royal Dutch Shell plc, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016 48
Table 28: Royal Dutch Shell plc, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2012-2016 51
Table 29: Royal Dutch Shell plc, Oil and Gas Production Replacement Ratio, %, 2012-2016 54
Table 30: Royal Dutch Shell plc, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2012-2016 59
Table 31: Royal Dutch Shell plc, Revenue and Expenses, US$ mil, 2012-2016 63
Table 32: Royal Dutch Shell plc, Revenue and Expenses, By Country/Region, US$ mil, 2012-2016 68
Table 33: Royal Dutch Shell plc, Oil and Gas Revenue and Expenses, US$/boe, 2012-2016 71
Table 34: Royal Dutch Shell plc, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2012-2016 76
Table 35: Royal Dutch Shell plc, Oil and Gas Performance Metrics, 2012-2016 79
Table 36: Royal Dutch Shell plc, Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016 80
Table 37: Royal Dutch Shell plc, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2012-2016 83
Table 38: Royal Dutch Shell plc, Producible Oil and Gas Wells, 2012-2016 85
Table 39: Royal Dutch Shell plc, Producible Oil and Gas Wells, By Country/Region, 2012-2016 90
Table 40: Royal Dutch Shell plc, Exploratory and Developed Wells, 2012-2016 93
Table 41: Royal Dutch Shell plc, Exploratory and Developed Wells, By Country/Region, 2012-2016 94
List Of Figures
List of Figures
Figure 1: Royal Dutch Shell plc, Share Price Performance, USD/Share, Q1, 2016-Q1, 2017 8
Figure 2: Royal Dutch Shell plc, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2016-Q1, 2017 9
Figure 3: Royal Dutch Shell plc, Upstream Capital Expenditure, US$ mil, Q1, 2016-Q1, 2017 10
Figure 4: Royal Dutch Shell plc, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2016-Q1, 2017 11
Figure 5: Royal Dutch Shell plc, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2016-Q1, 2017 13
Figure 6: Royal Dutch Shell plc, Total Crude Oil Production, mmbbl, Q1, 2016-Q1, 2017 14
Figure 7: Royal Dutch Shell plc, Crude Oil Production, By Country/Region, mmbbl, Q1, 2016-Q1, 2017 15
Figure 8: Royal Dutch Shell plc, Total Natural Gas Production, bcf, Q1, 2016-Q1, 2017 16
Figure 9: Royal Dutch Shell plc, Natural Gas Production, By Country/Region, bcf, Q1, 2016-Q1, 2017 17
Figure 10: Royal Dutch Shell plc, Share Price Performance, USD/Share, 2012-2016 18
Figure 11: Royal Dutch Shell plc, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2012-2016 19
Figure 12: Royal Dutch Shell plc, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016 20
Figure 13: Royal Dutch Shell plc, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2012-2016 22
Figure 14: Royal Dutch Shell plc, Total Oil & Gas Production, By Country/Region, mmboe, 2012-2016 22
Figure 15: Royal Dutch Shell plc, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2016 25
Figure 16: Royal Dutch Shell plc, Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016 27
Figure 17: Royal Dutch Shell plc, Oil Reserves, End of Period, By Country/Region, mmbbl, 2012-2016 28
Figure 18: Royal Dutch Shell plc, Oil Production, By Country/Region, mmbbl, 2012-2016 28
Figure 19: Royal Dutch Shell plc, Crude Oil Reserve Changes, mmbbl, 2016 31
Figure 20: Royal Dutch Shell plc, Natural Gas Production and Reserves Metrics, bcf, 2012-2016 32
Figure 21: Royal Dutch Shell plc, Gas Reserves, End of Period, By Country/Region, bcf, 2012-2016 33
Figure 22: Royal Dutch Shell plc, Gas Production, By Country/Region, bcf, 2012-2016 33
Figure 23: Royal Dutch Shell plc, Natural Gas Reserve Changes, bcf, 2016 36
Figure 24: Royal Dutch Shell plc, Oil and Gas Reserves Life Index, Years, 2012-2016 37
Figure 25: Royal Dutch Shell plc, Gas Reserve Life Index, By Country/Region, Years, 2012-2016 38
Figure 26: Royal Dutch Shell plc, Oil & Gas Reserve Life Index, By Country/Region, Years, 2012-2016 38
Figure 27: Royal Dutch Shell plc, Oil Reserve Life Index, By Country/Region, Years, 2012-2016 39
Figure 28: Royal Dutch Shell plc, Upstream Capital Expenditure, US$ mil, 2012-2016 41
Figure 29: Royal Dutch Shell plc, Proved Acquisition Costs, By Country/Region, US$ mil, 2012-2016 43
Figure 30: Royal Dutch Shell plc, Unproved Acquisition Costs, By Country/Region, US$ mil, 2012-2016 43
Figure 31: Royal Dutch Shell plc, Development Costs, By Country/Region, US$ mil, 2012-2016 45
Figure 32: Royal Dutch Shell plc, Exploration Costs, By Country/Region, US$ mil, 2012-2016 45
Figure 33: Royal Dutch Shell plc, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016 47
Figure 34: Royal Dutch Shell plc, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 49
Figure 35: Royal Dutch Shell plc, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 49
Figure 36: Royal Dutch Shell plc, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 50
Figure 37: Royal Dutch Shell plc, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2012-2016 53
Figure 38: Royal Dutch Shell plc, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2012-2016 56
Figure 39: Royal Dutch Shell plc, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2012-2016 56
Figure 40: Royal Dutch Shell plc, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2012-2016 57
Figure 41: Royal Dutch Shell plc, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2012-2016 57
Figure 42: Royal Dutch Shell plc, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2012-2016 58
Figure 43: Royal Dutch Shell plc, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2012-2016 58
Figure 44: Royal Dutch Shell plc, Revenue and Expenses, US$ mil, 2012-2016 62
Figure 45: Royal Dutch Shell plc, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 64
Figure 46: Royal Dutch Shell plc, Exploration Expenses, By Country/Region, US$ mil, 2012-2016 64
Figure 47: Royal Dutch Shell plc, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 65
Figure 48: Royal Dutch Shell plc, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 65
Figure 49: Royal Dutch Shell plc, Oil & Gas Revenue, By Country/Region, US$ mil, 2012-2016 66
Figure 50: Royal Dutch Shell plc, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 66
Figure 51: Royal Dutch Shell plc, Production Costs, By Country/Region, US$ mil, 2012-2016 67
Figure 52: Royal Dutch Shell plc, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 67
Figure 53: Royal Dutch Shell plc, Oil and Gas Revenue and Expenses, US$/boe, 2012-2016 71
Figure 54: Royal Dutch Shell plc, Exploration Expenses per boe, By Country/Region, US$/boe, 2012-2016 72
Figure 55: Royal Dutch Shell plc, Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2012-2016 72
Figure 56: Royal Dutch Shell plc, Lifting Cost per boe, By Country/Region, US$/boe, 2012-2016 73
Figure 57: Royal Dutch Shell plc, Annual Net Income per boe, By Country/Region, US$/boe, 2012-2016 73
Figure 58: Royal Dutch Shell plc, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2012-2016 74
Figure 59: Royal Dutch Shell plc, Total DD&A per boe, By Country/Region, US$/boe, 2012-2016 74
Figure 60: Royal Dutch Shell plc, Total Revenue per boe, By Country/Region, US$/boe, 2012-2016 75
Figure 61: Royal Dutch Shell plc, Oil and Gas Performance Metrics, 2012-2016 79
Figure 62: Royal Dutch Shell plc, Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016 80
Figure 63: Royal Dutch Shell plc, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2012-2016 81
Figure 64: Royal Dutch Shell plc, Total Net Undeveloped Acreage, By Country/Region, Acres, 2012-2016 81
Figure 65: Royal Dutch Shell plc, Total Gross Developed Acreage, By Country/Region, Acres, 2012-2016 82
Figure 66: Royal Dutch Shell plc, Total Net Developed Acreage, By Country/Region, Acres, 2012-2016 82
Figure 67: Royal Dutch Shell plc, Producible Oil and Gas Wells, 2012-2016 85
Figure 68: Royal Dutch Shell plc, Gross Productive Gas Wells, By Country/Region, Number, 2012-2016 86
Figure 69: Royal Dutch Shell plc, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016 86
Figure 70: Royal Dutch Shell plc, Gross Productive Oil Wells, By Country/Region, Number, 2012-2016 87
Figure 71: Royal Dutch Shell plc, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2012-2016 87
Figure 72: Royal Dutch Shell plc, Net Productive Gas Wells, By Country/Region, Number, 2012-2016 88
Figure 73: Royal Dutch Shell plc, Net Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016 88
Figure 74: Royal Dutch Shell plc, Net Productive Oil Wells, By Country/Region, Number, 2012-2016 89
Figure 75: Royal Dutch Shell plc, Exploratory and Developed Wells, 2012-2016 92
