Abstract
Oman Oil and Gas Exploration and Production Industry Investment Opportunities,
Analysis and Forecasts of All Active and Planned Exploration Blocks and Oil
and Gas Fields to 2012
Summary
This profile is the essential source for top-level industry data and
information relating to the Exploration and Production industry in Oman. It
provides asset level information relating to the active and planned oil and
gas fields and exploration blocks in Oman. The profiles of the major companies
operating in the upstream industry of Oman are also included in the report.
The latest news and deals pertaining to the sector are also provided and
analyzed.
Scope
・ Updated information relating to all active and planned exploration
blocks.
・ Provides historical and forecast data and information for all
the major operating and planned crude oil and natural gas fields.
・
Details operators and equity partners of oil and gas fields and exploration
blocks.
・ Includes information relating to license round details, start
and end dates, acreage, location, and reserves.
・ Information on the top
companies in the sector 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
investments and IPOs.
Reasons to buy
・ Obtain the most up to date information available on exploration licenses and
oil and gas fields.
・ Identify growth markets and opportunities in the
industry.
・ Facilitate market analysis and forecasting of future industry
trends.
・ Facilitate decision making on the basis of strong historic and
forecast data data.
・ Assess your competitor' s exploration and production
asset portfolio.
・ Understand and respond to your competitors business
structure, strategy and prospects.
・ 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.
Table of Contents
1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10
2 Introduction 11
2.1 What Is This Report About? 11
2.2 How To Use
This Report 11
2.3 Market Definition 11
3 Oman, Country Snapshot
12
3.1 Oman, Key Data 12
3.2 Oman, Exploration And Production Assets
Map 13
3.3 Oman, Crude Oil & Natural Gas Reserves 14
4 Oman, Crude Oil
And Natural Gas Production 16
4.1 Oman, Historical Crude Oil Production
16
4.2 Oman, Historical Natural Gas Production 17
4.3 Oman, Crude Oil
and Natural Gas Producing Asset Details 18
4.4 Oman, Crude Oil Production
Assets by Area 19
4.5 Oman, Natural Gas Production Assets by Area 19
4.6 Oman, Planned Production Assets Details 20
4.7 Oman, Crude Oil
Production by Company 21
4.8 Oman, Natural Gas Production by Company
22
5 Oman, Crude Oil And Natural Gas Forecasts 23
5.1 Oman, Forecasted
Crude Oil Production 23
5.2 Oman, Forecasted Natural Gas Production 23
5.3 Oman, Forecasted Crude Oil Production of Key Assets 23
5.4 Oman,
Forecasted Asset Wise Gross Revenues 24
5.5 Oman, Forecasted Asset Wise
Total Government Take 24
5.6 Oman, Forecasted Asset Wise Contractor Take
24
6 Oman, Exploration Block Details 25
6.1 Oman, Total Number of
Active Exploration Blocks by Area 25
6.2 Oman, Total Number of Active
Blocks by Company 26
6.3 Oman, Exploration Blocks Details 27
7
Occidental Petroleum Corporation 29
7.1 Occidental Petroleum Corporation,
Key Information 29
7.2 Occidental Petroleum Corporation, Company Overview
29
7.3 Occidental Petroleum Corporation, Business Description 29
7.3.1
Occidental Petroleum Corporation, Business Description, Business Overview
29
7.3.2 Occidental Petroleum Corporation, Business Description, Chemical
30
7.3.3 Occidental Petroleum Corporation, Business Description, Oil and
Gas 31
7.3.4 Occidental Petroleum Corporation, Business Description, Major
Products and Services 33
7.4 Occidental Petroleum Corporation, VALUE CHAIN
ANALYSIS 34
7.4.1 Occidental Petroleum Corporation, VALUE CHAIN ANALYSIS,
Upstream 34
7.4.2 Occidental Petroleum Corporation, VALUE CHAIN ANALYSIS,
Midstream 35
7.5 Occidental Petroleum Corporation, SWOT Analysis 36
7.5.1 Occidental Petroleum Corporation, Overview 36
7.5.2 Occidental
Petroleum Corporation, VALUE CHAIN ANALYSIS, Strengths 36
7.5.3 Occidental
Petroleum Corporation, VALUE CHAIN ANALYSIS, Weaknesses 37
7.5.4
Occidental Petroleum Corporation, VALUE CHAIN ANALYSIS, Opportunities 37
7.5.5 Occidental Petroleum Corporation, VALUE CHAIN ANALYSIS, Threats 38
7.6 Occidental Petroleum Corporation, Revenue Analysis 39
7.6.1 Occidental
Petroleum Corporation, Revenue Analysis, Revenue by Segment 39
7.6.2
Occidental Petroleum Corporation, Revenue Analysis, Revenue by Geography
39
7.7 Occidental Petroleum Corporation, Financial and Operational Review
41
7.7.1 Occidental Petroleum Corporation, Financial and Operational
Review, Financial Statements 41
7.7.2 Occidental Petroleum Corporation,
Financial and Operational Review, Financial Ratios 42
7.8 Occidental
Petroleum Corporation, Operational Indicators 43
8 TOTAL S.A. 44
8.1
TOTAL S.A, Key Information 44
8.2 TOTAL S.A, Company Overview 44
8.3
TOTAL S.A, Business Description 45
8.4 TOTAL S.A, Business Description,
Business Overview 45
8.4.1 TOTAL S.A, Business Description, Chemicals
45
8.4.2 TOTAL S.A, Business Description, Downstream 48
8.4.3 TOTAL
S.A, Business Description, Upstream 49
8.4.4 TOTAL S.A, Business
Description, Major Products and Services 50
8.5 TOTAL S.A, VALUE CHAIN
ANALYSIS 53
8.5.1 TOTAL S.A, VALUE CHAIN ANALYSIS, Upstream 53
8.5.2
TOTAL S.A, VALUE CHAIN ANALYSIS, Midstream 54
8.5.3 TOTAL S.A, VALUE CHAIN
ANALYSIS, Downstream 55
8.5.4 TOTAL S.A, VALUE CHAIN ANALYSIS, Retail
56
8.6 TOTAL S.A, SWOT Analysis 57
8.6.1 TOTAL S.A, SWOT Analysis,
Overview 57
8.6.2 TOTAL S.A, SWOT Analysis, Strengths 57
8.6.3 TOTAL
S.A, SWOT Analysis, Weaknesses 58
8.6.4 TOTAL S.A, SWOT Analysis,
Opportunities 59
8.6.5 TOTAL S.A, SWOT Analysis, Threats 60
8.7 TOTAL
S.A, Revenue Analysis 61
8.7.1 TOTAL S.A, Revenue Analysis, Revenue by
Segment 61
8.7.2 TOTAL S.A, Revenue Analysis, Revenue by Geography 62
8.8 TOTAL S.A, Financial and Operational Review 63
8.8.1 TOTAL S.A,
Financial and Operational Review, Financial Statements 63
8.8.2 TOTAL S.A,
Financial and Operational Review, Financial Ratios 64
8.9 TOTAL S.A,
Operational Indicators 65
9 Oman Exploration and Production Industry,
Financial Deals Landscape 67
9.1 Acquisition 67
9.1.1 Oilex Acquires
Widescreen Holdings 67
9.1.2 Fortum Sells Fortum (E&P) To Mitsui & Co. And
Mitsui Oil Exploration 68
9.2 Asset Transactions 70
9.2.1 Tethys Oil
Acquires 50% Interest In Blocks 3 and 4 Onshore Oman From Altinex Oil Denmark
70
9.2.2 Range Oil To Acquire 50% Interest In Oil Block From Taqah Oil
Exploration 71
10 Oman Exploration and Production Industry, Recent
Developments 73
10.1 License Rounds 73
10.1.1 Mar 30, 2008: Oman To
Invite Bids In 2008 To Develop Five Oil Blocks 73
10.2 License Awards
73
10.2.1 Jun 17, 2008: Circle Oil Granted Permission For Block 49 From
Oman 73
10.3 Strategy and Business Expansion 74
10.3.1 Jun 16, 2008:
PDO, Petrogas And OOC To Develop 18 Oilfields In Rima 74
10.3.2 May 19,
2008: OGC Interested To Get Into Upstream Business 74
10.3.3 Apr 21, 2008:
Total To Bid For Oil Exploration Blocks In Oman 74
10.3.4 Nov 12, 2007:
RIL Signs PSA With Oman Government 75
10.3.5 Nov 07, 2007: Tethys Oil
Enters Contract With MB Petroleum 75
10.4 Recent Discoveries 75
10.4.1
Feb 25, 2008: Oilex Updates On Sarha-1 Test Program In Oman 75
10.4.2 Feb
11, 2008: PDO Discovers Oil At Budour Northeast Field 76
10.5 Drilling and
Production Updates 76
10.5.1 Sep 09, 2008: Oilex Updates On Operations In
India And Oman 76
10.5.2 Sep 08, 2008: Oilex Commences Drilling On Sarha-2
Well In Block 56, Oman 77
10.5.3 Aug 20, 2008: Tethys Completes Drilling
On JAS-2 Well In Block 15 Onshore Oman 78
10.5.4 Jun 05, 2008: Tethys
Drills Jebel Aswad-2 Well In Oman 78
10.5.5 May 22, 2008: Indago Starts
Drilling At Zad Well 79
10.5.6 Apr 28, 2008: Indago Provides Drilling
Update 79
10.5.7 Apr 22, 2008: Oilex Provides Operational Update 80
10.5.8 Apr 21, 2008: BP To Produce 300 Mcf Per Day Of Gas In Oman 80
10.5.9 Apr 15, 2008: Oilex Provides Operational Update 81
10.5.10 Mar 28,
2008: Indago Provides Drilling Update 81
10.5.11 Mar 11, 2008: Oilex
Provides Operation Update 83
10.5.12 Mar 04, 2008: Oilex Updates On Oman
Drilling Program 84
10.5.13 Feb 28, 2008: Oilex Updates On Sarha-1 Test
Program, Oman 85
10.5.14 Jan 22, 2008: Oilex Updates On Oman Drilling
Program 85
10.5.15 Jan 17, 2008: Oil Search Provides Drilling Updates
86
10.5.16 Jan 08, 2008: Oilex Updates On Sarha-1 Well 87
10.5.17 Jan
02, 2008: Oilex Commences Oman Drilling Program 87
10.6 Other Significant
Developments 87
10.6.1 Sep 03, 2008: Iran And Oman Discuss On Developing
Kish Gas Field 87
10.6.2 Aug 13, 2008: Oman' s Oil Production Rises By 4.7%
In 1H 2008 88
10.6.3 Aug 06, 2008: GAIL To Spend INR7.69 Billion On Oil
And Gas Exploration In India And Abroad 88
10.6.4 Jul 31, 2008: Tethys
Receives Final Approval To Commence 3D Seismic Program In Block 15, Onshore
Oman 88
10.6.5 Jun 19, 2008: Heritage Oil Provides Operational Update
89
10.6.6 May 20, 2008: Oilex Updates On Its Operations In India And Oman
90
10.6.7 Apr 29, 2008: Oilex Provides Operations Update 91
10.6.8 Apr
25, 2008: Tethys Oil Updates On Its Operations In Oman 92
10.6.9 Apr 16,
2008: Oman To Produce 70 MCMD Of Natural Gas In 2008 93
10.6.10 Apr 15,
2008: BG Group And BP To Invest $1 Billion To Explore Gas Blocks In Oman
94
10.6.11 Feb 20, 2008: Tethys Oil Updates On Oman Field Development Plan
94
10.6.12 Jan 15, 2008: Oman, India To Explore Options In Oil And Gas
95
11 Appendix 96
11.1 Methodology 96
11.1.1 Coverage 97
11.1.2 Secondary Research 97
11.1.3 Primary Research 98
11.1.4
Forecasts 98
11.2 Key Economic Assumptions 100
11.3 Expert Panel
Validation 101
11.4 Definitions 102
11.5 Unit of Measure 103
11.6
Disclosure information 103
11.7 Contact Us 104
11.8 Disclaimer 104
1.1 List of Tables
Table 1: Oman, Oil and Gas, Key Statistics, April
2008 12
Table 2: Oman, Total Crude Oil and Natural Gas Reserves ,2000-2012
15
Table 3: Oman, Total Crude Oil Production (MMBBLs), 2000-2007 16
Table 4: Oman, Total Natural Gas Production (BCF), 2000-2007 17
Table 5:
Oman, Oil and Gas Asset Details, April 2008 18
Table 6: Oman Offshore,
Total Crude Oil Production (Barrels), 2000-2007 19
Table 7: Oman Onshore,
Total Crude Oil Production (Barrels), 2000-2007 19
Table 8: Oman
Offshore, Total Natural Gas Production (MMCF), by Assets, 2000-2007 19
Table 9: Oman Onshore, Total Natural Gas Production (MMCF), by Assets,
2000-2007 20
Table 10: Oman, Oil and Gas Planned Production Asset Details,
April 2008 20
Table 11: Oman, Total Crude Oil Production (MMBBLs), by
Company, 2000-2007 21
Table 12: Oman, Total Natural Gas Production (BCF),
by Company, 2000-2007 22
Table 13: Oman, Total Crude Oil Production
(MMBBLs), Forecast, 2008-2013 23
Table 14: Oman, Total Natural Gas
Production (BCF), Forecast, 2008-2013 23
Table 15: Oman, Total Crude Oil
Production (Barrels), Forecast by Assets, 2008-2013 23
Table 16: Oman,
Forecasted Assets-wise Gross Revenue (000' $), 2008-2013 24
Table 17: Oman,
Forecasted Assets-wise Government Take (000' $), 2008-2013 24
Table 18:
Oman, Projected Assets-wise Total Contractor Take (000' $), 2008-2013 24
Table 19: Oman, Total Number of Active Exploration Blocks, 2000-2007 25
Table 20: Oman, Total Number of Active Blocks by Company, 2000-2007 26
Table 21: Oman, Oil and Gas Exploration Blocks Details, April 2008 27
Table 22: Oman, Oil and Gas Exploration Blocks Details, April 2008(Cont' d)
28
Table 23: Occidental Petroleum Corporation,Key Facts, 2007
29
Table 24: Occidental Petroleum Corporation, SWOT Analysis , 2007
36
Table 25: Occidental Petroleum Corporation, Revenue by Segment,
USD Million, 2003-2007 39
Table 26: Occidental Petroleum Corporation,
Revenue by Geography, USD Million, 2003-2007 40
Table 27: Occidental
Petroleum Corporation, Financial Statements, USD Million, 2003-2007 41
Table 28: Occidental Petroleum Corporation, Financial Ratios, USD
Million, 2003-2007 42
Table 29: Occidental Petroleum Corporation
Operational Indicators, 2003-2007 43
Table 30: TOTAL S.A.,Key Facts,
2007 44
Table 31: TOTAL S.A., SWOT Analysis , 2007 57
Table 32:
TOTAL S.A., Revenue by Segment, Euro Million, 2003-2007 61
Table 33:
TOTAL S.A., Revenue by Geography, Euro Million, 2003-2007 62
Table 34:
TOTAL S.A., Financial Statements, Euro Million, 2003-2007 63
Table 35:
TOTAL S.A., Financial Ratios, Euro Million, 2003-2007 64
Table 36:
TOTAL S.A. Operational Indicators, 2003-2007 65
Table 37: TOTAL S.A.
Operational Indicators, 2003-2007 66
Table 38: Brent Blend NYMEX
Future Prices 101
1.2 List of Figures
Figure 1: Oman, Exploration
and Production Assets Map, April 2008 13
Figure 2: Oman, Total Crude Oil
Reserves (MMBOE), 2000-2012 14
Figure 3: Oman, Total Crude Oil Production
(MMBBLs), 2000-2007 16
Figure 4: Oman, Total Natural Gas Production
(BCF), 2000-2007 17
Figure 5: Oman, Total Number OF Active Exploration
Blocks By Area 25
Figure 6: Occidental Petroleum Corporation, Value
Chain Analysis 34
Figure 7: TOTAL S.A., Value Chain Analysis 53
Figure 8: Global Markets Direct Methodology 96
