Harvest Operations Corp. Oil & Gas Exploration and Production Operations and Cost Analysis – Q1, 2012

Published : June 2012
No. of Pages : 80

Price:

Harvest Operations Corp. Oil & Gas Exploration and Production Operations and Cost Analysis – Q1, 2012

Summary

Harvest Operations Corp. 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 ($/Boed), and EV/Proved Reserve ($/MMboe).
- Provides annual and quarterly information on key operational and financial parameters. Annual information is for the current and the last five years while the quarterly information is for the current and the last five 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.

Note: 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.

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 2
List of Tables 4
List of Figures 5
Harvest Operations Corp., Key Valuation Metrics 7
Key Valuation Metrics, Q1, 2011-Q1, 2012 7
Harvest Operations Corp., Quarterly Results of Oil & Gas Operations Per boe Produced 8
Results of Oil & Gas Operations Per boe Produced, Q1, 2011-Q1, 2012 8
Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2011-Q1, 2012 9
Harvest Operations Corp., Quarterly E&P Costs Trends 10
Upstream Capital Expenditure, Q1, 2011-Q1, 2012 10
Harvest Operations Corp., Quarterly Production Trends 11
Harvest Operations Corp., Total Oil and Gas Production 11
Total Crude Oil and Natural Gas Production Trend, Q1, 2011-Q1, 2012 11
Total Crude Oil & Natural Gas Production, By Country/Region, Q1, 2011-Q1, 2012 12
Harvest Operations Corp., Crude Oil Production 13
Total Crude Oil Production Trend, Q1, 2011-Q1, 2012 13
Crude Oil Production, By Country/Region, Q1, 2011-Q1, 2012 14
Harvest Operations Corp., Natural Gas Production 15
Total Natural Gas Production Trend, Q1, 2011-Q1, 2012 15
Natural Gas Production, By Country/Region, Q1, 2011-Q1, 2012 16
Harvest Operations Corp., Production and Reserves Trends 17
Total Oil and Gas, Reserves and Production 17
Total Crude Oil and Natural Gas Production and Reserves Trend, 2007-2011 17
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2007-2011 18
Total Crude Oil and Natural Gas Reserve Changes, 2007-2011 20
Crude Oil/Liquids Production and Reserve 21
Crude Oil/Liquids Production and Reserve Trend, 2007-2011 21
Crude Oil Production and Reserves By Country/Region, 2007-2011 22
Crude Oil/Liquids Reserve Changes, 2007-2011 24
Natural Gas Production and Reserve 25
Natural Gas Production and Reserve Trend, 2007-2011 25
Natural Gas Production and Reserves, By Country/Region, 2007-2011 26
Natural Gas Reserve Changes, 2007-2011 28
Total Crude Oil and Natural Gas Reserves Life Index 29
Total Crude Oil and Natural Gas Reserves Life Index, 2007-2011 29
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2007-2011 30
Harvest Operations Corp., E&P Costs Trends 32
Allocation of the Upstream Capital Expenditure 32
Upstream Capital Expenditure, 2007-2011 32
Acquisition Costs By Country/Region, 2007-2011 33
Exploration and Development Costs, By Country/Region, 2007-2011 35
Oil and Gas Cost Per boe, $/boe 37
Oil and Gas Cost Per boe, $/boe, 2007-2011 37
Oil and Gas Cost Per boe, $/boe, By Country/Region, 2007-2011 39
Harvest Operations Corp., Reserve Replacement Ratio 42
Oil and Gas Production Replacement Ratio 42
Oil and Gas Production Replacement Ratio, 2007-2011 42
Oil and Gas Production Replacement Ratio, By Country/Region, 2007-2011 44
Harvest Operations Corp., Results of Oil & Gas Operations Trend 48
Oil and Gas Revenue and Expenses 48
Oil and Gas Revenue and Expenses, 2007-2011 48
Oil and Gas Revenue and Expenses, By Country/Region, 2007-2011 49
Oil and Gas Revenue and Expenses, Per boe 54
Oil and Gas Revenue and Expenses, By boe, 2007-2011 54
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2007-2011 55
Oil and Gas Performance Metrics 59
Harvest Operations Corp., Land Holdings and Well Data 60
Developed and Undeveloped Acreage 60
Gross and Net Developed and Undeveloped Acreage, 2007-2011 60
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2007-2011 61
Well Statistics 63
Producible Oil and Gas Well, 2007-2011 63
Producible Oil and Gas Well, By Country/Region, 2007-2011 64
Exploration and Development Wells Drilled, 2007-2011 68
Exploration and Development Wells Drilled, By Country/Region, 2007-2011 69
Recent Developments 70
Harvest Operations Corp. - Recent Developments 70
May 11, 2012: Harvest Operations Reports Revenue Of CAD1.4 Billion In Q1 2012 70
Mar 01, 2012: Harvest Operations Provides Update On 2012 Outlook 70
Mar 01, 2012: Harvest Operations Reports Revenue Of CAD4.3 Billion In 2011 72
Jan 23, 2012: Harvest Operations Appoints Robert Pearce As COO 73
Jan 13, 2012: Harvest Operations Announces Management Changes 73
Oct 12, 2011: North Atlantic And Macquarie Energy Enter Into Crude Oil Supply And Refined Product Offtake Agreement 74
Aug 11, 2011: Harvest Operations Reports Q1 2011 Results 74
Jun 14, 2011: Harvest Operations Reports Revenues Of CAD1.2m In Q1 2011 75
Feb 28, 2011: Harvest Operations Reports Net Revenues Of CAD3.8m In 2010 76
Feb 28, 2011: Harvest Operations Announces Year End 2010 Reserves 77
Appendix 78
Methodology 78
Coverage 78
Secondary Research 78
Primary Research 78
Data Information Sources 79
Company Source 79
SEC/Other Regulatory Filings 79
Other Sources 79
Expert Panel Validation 79
Data Definition 79
Oil and Gas Reserves 79
Units of Measure 80
About GlobalData 80
Disclosure 80
Disclaimer 80

Note: 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.

List of Tables
Table 1: Harvest Operations Corp., Key Valuation Metrics, Q1, 2011-Q1, 2012 7
Table 2: Harvest Operations Corp., Results of Oil & Gas Operations Per boe Produced, $/boe, Q1, 2011-Q1, 2012 8
Table 3: Harvest Operations Corp., Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2011-Q1, 2012 9
Table 4: Harvest Operations Corp., Upstream Capital Expenditure, Q1, 2011-Q1, 2012 10
Table 5: Harvest Operations Corp., Total Crude Oil and Natural Gas, Production, Q1, 2011-Q1, 2012 11
Table 6: Harvest Operations Corp., Total Oil & Gas Production, By Country/Region, MMboe, Q1, 2011-Q1, 2012 12
Table 7: Harvest Operations Corp., Total Crude Oil Production, MMbbl, Q1, 2011-Q1, 2012 13
Table 8: Harvest Operations Corp., Crude Oil Production, By Country/Region, MMbbl, Q1, 2011-Q1, 2012 14
Table 9: Harvest Operations Corp., Total Natural Gas Production, Bcf, Q1, 2011-Q1, 2012 15
Table 10: Harvest Operations Corp., Natural Gas Production, By Country/Region, Bcf, Q1, 2011-Q1, 2012 16
Table 11: Harvest Operations Corp., Total Crude Oil and Natural Gas, Production and Reserves, MMboe, 2007-2011 17
Table 12: Harvest Operations Corp., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, MMboe, 2007-2011 19
Table 13: Harvest Operations Corp., Total Crude Oil and Natural Gas Reserve Changes, MMboe, 2007-2011 20
Table 14: Harvest Operations Corp., Crude Oil Production and Reserves Metrics, MMbbl, 2007-2011 21
Table 15: Harvest Operations Corp., Crude Oil Production and Reserves, By Country/Region, MMbbl, 2007-2011 23
Table 16: Harvest Operations Corp., Crude Oil Reserve Changes, MMbbl, 2007-2011 24
Table 17: Harvest Operations Corp., Natural Gas Production and Reserves Metrics, Bcf, 2007-2011 25
Table 18: Harvest Operations Corp., Natural Gas Production and Reserves, By Country/Region, Bcf, 2007-2011 27
Table 19: Harvest Operations Corp., Natural Gas Reserve Changes, Bcf, 2007-2011 28
Table 20: Harvest Operations Corp., Oil and Gas Reserves Life Index, Years, 2007-2011 29
Table 21: Harvest Operations Corp., Oil and Gas Reserves Life Index, By Country/Region, Years, 2007-2011 31
Table 22: Harvest Operations Corp., Upstream Capital Expenditure, $m, 2007-2011 32
Table 23: Harvest Operations Corp., Proved and Unproved Acquisition Costs, By Country/Region, $m, 2007-2011 34
Table 24: Harvest Operations Corp., Exploration and Development Costs, By Country/Region, $m, 2007-2011 36
Table 25: Harvest Operations Corp., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, $/boe, 2007-2011 37
Table 26: Harvest Operations Corp., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, $/boe, By Country/Region, 2007-2011 41
Table 27: Harvest Operations Corp., Oil and Gas Production Replacement Ratio, %, 2007-2011 42
Table 28: Harvest Operations Corp., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2007-2011 47
Table 29: Harvest Operations Corp., Revenue and Expenses, $m, 2007-2011 48
Table 30: Harvest Operations Corp., Revenue and Expenses, By Country/Region, $m, 2007-2011 53
Table 31: Harvest Operations Corp., Oil and Gas Revenue and Expenses, $/boe, 2007-2011 54
Table 32: Harvest Operations Corp., Oil and Gas Revenue and Expenses, $/boe, By Country/Region, 2007-2011 58
Table 33: Harvest Operations Corp., Oil and Gas Performance Metrics, 2007-2011 59
Table 34: Harvest Operations Corp., Land Holdings (Developed and Undeveloped Acreage), Acres, 2007-2011 60
Table 35: Harvest Operations Corp., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2007-2011 62
Table 36: Harvest Operations Corp., Producible Oil and Gas Wells, 2007-2011 63
Table 37: Harvest Operations Corp., Producible Oil and Gas Wells, By Country/Region, 2007-2011 67
Table 38: Harvest Operations Corp., Exploratory and Developed Wells, 2007-2011 68
Table 39: Harvest Operations Corp., Exploratory and Developed Wells, By Country/Region, 2007-2011 69

Note: 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.

List of Figures
Figure 1: Harvest Operations Corp., Results of Oil & Gas Operations Per boe Produced, $/boe, Q1, 2011-Q1, 2012 8
Figure 2: Harvest Operations Corp., Upstream Capital Expenditure, $m, Q1, 2011-Q1, 2012 10
Figure 3: Harvest Operations Corp., Total Crude Oil and Natural Gas, Production, MMboe, Q1, 2011-Q1, 2012 11
Figure 4: Harvest Operations Corp., Total Oil & Gas Production, By Country/Region, MMboe, Q1, 2011-Q1, 2012 12
Figure 5: Harvest Operations Corp., Total Crude Oil Production, MMbbl, Q1, 2011-Q1, 2012 13
Figure 6: Harvest Operations Corp., Crude Oil Production, By Country/Region, MMbbl, Q1, 2011-Q1, 2012 14
Figure 7: Harvest Operations Corp., Total Natural Gas Production, Bcf, Q1, 2011-Q1, 2012 15
Figure 8: Harvest Operations Corp., Natural Gas Production, By Country/Region, Bcf, Q1, 2011-Q1, 2012 16
Figure 9: Harvest Operations Corp., Total Crude Oil and Natural Gas, Production and Reserves, MMboe, 2007-2011 17
Figure 10: Harvest Operations Corp., Total Oil & Gas Reserves, End of Period, By Country/Region, MMboe, 2007-2011 18
Figure 11: Harvest Operations Corp., Total Oil & Gas Production, By Country/Region, MMboe, 2007-2011 18
Figure 12: Harvest Operations Corp., Total Crude Oil and Natural Gas Reserve Changes, MMboe, 2011 20
Figure 13: Harvest Operations Corp., Crude Oil Production and Reserves Metrics, MMbbl, 2007-2011 21
Figure 14: Harvest Operations Corp., Oil Reserves, End of Period, By Country/Region, MMbbl, 2007-2011 22
Figure 15: Harvest Operations Corp., Oil Production, By Country/Region, MMbbl, 2007-2011 22
Figure 16: Harvest Operations Corp., Crude Oil Reserve Changes, MMbbl, 2011 24
Figure 17: Harvest Operations Corp., Natural Gas Production and Reserves Metrics, Bcf, 2007-2011 25
Figure 18: Harvest Operations Corp., Gas Reserves, End of Period, By Country/Region, Bcf, 2007-2011 26
Figure 19: Harvest Operations Corp., Gas Production, By Country/Region, Bcf, 2007-2011 26
Figure 20: Harvest Operations Corp., Natural Gas Reserve Changes, Bcf, 2011 28
Figure 21: Harvest Operations Corp., Oil and Gas Reserves Life Index, Years, 2007-2011 29
Figure 22: Harvest Operations Corp., Gas Reserve Life Index, By Country/Region, years, 2007-2011 30
Figure 23: Harvest Operations Corp., Oil & Gas Reserve Life Index, By Country/Region, years, 2007-2011 30
Figure 24: Harvest Operations Corp., Oil Reserve Life Index, By Country/Region, years, 2007-2011 31
Figure 25: Harvest Operations Corp., Upstream Capital Expenditure, $m, 2007-2011 32
Figure 26: Harvest Operations Corp., Proved Acquisition Costs, By Country/Region, $m, 2007-2011 33
Figure 27: Harvest Operations Corp., Unproved Acquisition Costs, By Country/Region, $m, 2007-2011 33
Figure 28: Harvest Operations Corp., Development Costs, By Country/Region, $m, 2007-2011 35
Figure 29: Harvest Operations Corp., Exploration Costs, By Country/Region, $m, 2007-2011 35
Figure 30: Harvest Operations Corp., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, $/boe, 2007-2011 37
Figure 31: Harvest Operations Corp., Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, $/boe, 2007-2011 39
Figure 32: Harvest Operations Corp., Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, $/boe, 2007-2011 39
Figure 33: Harvest Operations Corp., Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, $/boe, 2007-2011 40
Figure 34: Harvest Operations Corp., Proved Reserves Acquisition Cost per boe, 3-Year Average, By Country/Region, $/boe, 2007-2011 40
Figure 35: Harvest Operations Corp., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2007-2011 42
Figure 36: Harvest Operations Corp., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2007-2011 44
Figure 37: Harvest Operations Corp., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2007-2011 44
Figure 38: Harvest Operations Corp., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2007-2011 45
Figure 39: Harvest Operations Corp., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2007-2011 45
Figure 40: Harvest Operations Corp., 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2007-2011 46
Figure 41: Harvest Operations Corp., 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2007-2011 46
Figure 42: Harvest Operations Corp., Revenue and Expenses, $m, 2007-2011 48
Figure 43: Harvest Operations Corp., Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, $m, 2007-2011 49
Figure 44: Harvest Operations Corp., Exploration Expenses, By Country/Region, $m, 2007-2011 49
Figure 45: Harvest Operations Corp., Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, $m, 2007-2011 50
Figure 46: Harvest Operations Corp., Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, $m, 2007-2011 50
Figure 47: Harvest Operations Corp., Oil & Gas Revenue, By Country/Region, $m, 2007-2011 51
Figure 48: Harvest Operations Corp., Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, $m, 2007-2011 51
Figure 49: Harvest Operations Corp., Production Costs, By Country/Region, $m, 2007-2011 52
Figure 50: Harvest Operations Corp., Total Expenses From Upstream Oil & Gas Operations, By Country/Region, $m, 2007-2011 52
Figure 51: Harvest Operations Corp., Oil and Gas Revenue and Expenses, $/boe, 2007-2011 54
Figure 52: Harvest Operations Corp., Exploration Expenses per boe, By Country/Region, $/boe, 2007-2011 55
Figure 53: Harvest Operations Corp., Income Tax/(Benefit) per boe, By Country/Region, $/boe, 2007-2011 55
Figure 54: Harvest Operations Corp., Lifting Cost per boe, By Country/Region, $/boe, 2007-2011 56
Figure 55: Harvest Operations Corp., Annual Net Income per boe, By Country/Region, $/boe, 2007-2011 56
Figure 56: Harvest Operations Corp., Oil & Gas Revenue per boe, By Country/Region, $/boe, 2007-2011 57
Figure 57: Harvest Operations Corp., Total DD&A per boe, By Country/Region, $/boe, 2007-2011 57
Figure 58: Harvest Operations Corp., Total Revenue per boe, By Country/Region, $/boe, 2007-2011 58
Figure 59: Harvest Operations Corp., Oil and Gas Performance Metrics, 2007-2011 59
Figure 60: Harvest Operations Corp., Land Holdings (Developed and Undeveloped Acreage), Acres, 2007-2011 60
Figure 61: Harvest Operations Corp., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2007-2011 61
Figure 62: Harvest Operations Corp., Total Net Undeveloped Acreage, By Country/Region, Acres, 2007-2011 61
Figure 63: Harvest Operations Corp., Producible Oil and Gas Wells, 2007-2011 63
Figure 64: Harvest Operations Corp., Gross Productive Gas Wells, By Country/Region, Number, 2007-2011 64
Figure 65: Harvest Operations Corp., Gross Productive Oil & Gas Wells, By Country/Region, Number, 2007-2011 64
Figure 66: Harvest Operations Corp., Gross Productive Oil Wells, By Country/Region, Number, 2007-2011 65
Figure 67: Harvest Operations Corp., Net/Gross Oil & Gas Ratio, By Country/Region, %, 2007-2011 65
Figure 68: Harvest Operations Corp., Net Productive Gas Wells, By Country/Region, Number, 2007-2011 66
Figure 69: Harvest Operations Corp., Net Productive Oil & Gas Wells, By Country/Region, Number, 2007-2011 66
Figure 70: Harvest Operations Corp., Net Productive Oil Wells, By Country/Region, Number, 2007-2011 67
Figure 71: Harvest Operations Corp., Exploratory and Developed Wells, 2007-2011 68

Harvest Operations Corp. Oil & Gas Exploration and Production Operations and Cost Analysis – Q1, 2012

Published By: GlobalData

Price:

How to Purchase

Purchase products from our site in 5 easy steps. Please follow the description given below to complete your purchase process.

Step 1:

Select the report title of your interest, and Click on Buy Now button next to the Price option.

Step 2:

You will arrive at the Purchase page, where you will be requested to Signup (New User) or Login (Registered User). Please note that in-keeping with the security check on the website, you must submit your full details to avoid any inconvenience arising from incorrectly entered data or counterfeit information.

Step 3:

After SignUp/Login, you will arrive at the Online Invoice Page. Select a Payment option via various methods: Debit Card / Credit Card / by Invoice. MarketReportOnline accepts Visa, MasterCard, American Express and all major credit cards. MarketReportOnline uses ICICI, HDFC, Citibank, American Express & Paypal as our Online Payment Gateway Partners. Clicking on a payment option will take you to the corresponding Payment Gateway page.

Step 4:

Once at the Payment Gateway, please complete the Payment Process to purchase your desired report.

Step 5:

Once you have successfully completed the purchase process, you will receive a confirmation email. You will then either be able to download your report immediately (in PDF Format) from the Account Login button, or the report will be emailed to you directly, depending upon the agreement we have with the publisher. For Orders that are deliverable via email and placed after working hours, the delivery of the reports will be made on the next business day. Please note, if you select purchase by invoice, you will receive your report only once the payment has been received. If you have any queries about how to order, please Contact Us .

sales@marketreportsonline.com + 1 888 391 5441

Using our subscription option, you get access to market research reports and industry data of Industry Profiles market as per your needs. Get the best of Industry Profiles research reports by utilizing your research budgets in an optimum way.
More about our Subscription option

Get Email alerts about market research reports from industries and publishers of your interest: