RWE Dea AG, Company Intelligence Report


#163746

58pages

GlobalData

$ 1000

In Stock

Summary

RWE Dea AG (RWE Dea) is a privately held independent company, headquartered in Hamburg, Germany. The company is a subsidiary of RWE Aktiengesellschaft (AG), which is one of the largest electric utility companies in Europe. RWE Dea’s Exploration and Production (E&P) activities are located primarily in the UK, Norway, Denmark, Egypt, Algeria, Ireland, Libya, Mauritania, Poland, Turkmenistan, and Trinidad and Tobago (T&T). The company’s major production is driven by Germany, where its production assets include the Mittelplate, Hemsbünde, Bötersen, and Völkersen fields. 

Production from the Mittelplate field is rich in crude oil, while the remaining fields contribute natural gas production to the company’s total production. The company’s production activities are also based in the UK, Norway, Egypt and Denmark. Its activities in Algeria, Ireland, Libya, Mauritania, Poland, Turkmenistan and T&T are in the initial stages of exploration and development.

Scope
  • Key Highlights: This section provides detailed analysis on the company’s overall oil and gas value chain, new projects, growth opportunities, new ventures, assets performance, hedging strategies, Capex funding, geographical results of oil and gas operations.
  • Goals and Strategies: This section provides the upcoming goals and strategies of the company. The section mainly goals and strategies followed by the company in order to meet its upcoming goals.
  • SWOT: The report’s SWOT section provides the internal strength, weakness, opportunities and threats of company to reflect its strategic positions in the market.
  • Production and Development Overview: This section highlights the company’s crude oil and natural gas production forecast from its legacy and upcoming assets by region and commodity mix for next five years. The report also covers the detailed information and analysis on the company’s producing and development assets.
  • Exploration: This section includes detailed explanation and analysis on the company’s exploration assets resulted due to new discoveries, new drilling and other activities.
  • M&A trends: This section mainly provides information and analysis on the company’s recent assets transactions, joint ventures, acquisition, and divestment activities during the last one year. This section highlights the company’s status as a buyer or seller during the analyzed period.
  • Financial Forecast and Valuation: This section highlights the detailed financial statement forecast for next five years. With the financial statement forecast, this section also provides intrinsic value of the company by using Valuation method.
  • Financial and Operational Metrics: This section covers the company’s historical performance on several financial and operational parameters such as Production and Reserves, Reserves Replacement, Costs Incurred, Acreage, Wells, F&D Costs, Oil and Gas Revenue and Expenses etc.
Reasons to buy

The report will enhance the decision-making capability in a more rapid and time sensitive manner. It will allow you to -
  • Provide detailed analysis to those who are interested in knowing the companies’ existing and future business strategies.
  • Provide in-depth analysis on the companies E&P profiles along with the exploration and M&A updates.
  • Provide valuable insights to those who are tracking oil and gas markets and wants to know the intrinsic value of the companies.
  • Use the analysis for strategy and planning, M&A identifications, and competitor analysis.
Table of Contents
1 Table of Contents 2

1.1 List of Tables 3
1.2 List of Figures 4

2 RWE Dea AG Company Overview 5

3 RWE Dea AG, Key Highlights 8
3.1 New Projects to Increase Production 8
3.2 Continuing Restricted Liquidity with Parent Company; Exiting RWE Dea Ruled Out, May Divest Selective Projects 10

4 RWE Dea AG, SWOT Analysis 14
4.1 Strengths 14
4.1.1 Balanced Production Resources 14
4.1.2 Increasing Reserve Life Index 14
4.2 Weaknesses 15
4.2.1 Growth of Production Lags Behind Growth of Reserve Base 15
4.3 Opportunities 16
4.3.1 Development of Resource Potential to Expand Upstream Portfolio 16
4.4 Threats 16
4.4.1 Failure of Divestment Plan May Impact Future Operations 16

5 RWE Dea AG, Goals and Strategies 17
5.1 Expanding Upstream Portfolio 17

6 RWE Dea AG, Production Overview 18
6.1 Production Profile 18
6.2 Asset Profile 19
6.2.1 Germany 19
6.2.2 Egypt 19
6.2.3 Denmark 20
6.2.4 UK 21
6.2.5 Norway 21

7 RWE Dea AG, Exploration and Development Overview 22
7.1 Egypt 22
7.1.1 Nile Delta / West Nile Delta 22
7.1.2 Others 23
7.2 Norway 24
7.3 The UK 25
7.4 Germany 26
7.5 Libya 27
7.6 Turkmenistan 28

8 RWE Dea AG, Capital Expenditure 30

9 RWE Dea AG, Forecast Production and Financial Statements 32
9.1 Income Statement (20092016) 33
9.2 Balance Sheet (20092016) 34

10 RWE Dea AG, Valuation 35
10.1 Net Asset Value 35

11 RWE Dea AG, Peer Comparison 36
11.1 Operational and Financial Performance 36

12 RWE Dea AG, Merger and Acquisition Activities 38

13 RWE Dea AG, Detailed Operational and Financial Metrics 40
13.1 RWE Dea AG, Total Oil and Gas, Reserves and Production 40
13.1.1 Total Crude Oil and Natural Gas Production and Reserves Trend, 2007-2011 40
13.1.2 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2007-2011 41
13.1.3 Total Crude Oil and Natural Gas Reserve Changes, 2007-2011 42
13.2 RWE Dea AG, Crude Oil/Liquids Production and Reserve 43
13.2.1 Crude Oil/Liquids Production and Reserve Trend, 2007-2011 43
13.2.2 Crude Oil Production and Reserves By Country/Region, 2007-2011 44
13.2.3 Crude Oil/Liquids Reserve Changes, 2007-2011 45
13.3 RWE Dea AG, Natural Gas Production and Reserve 46
13.3.1 Natural Gas Production and Reserve Trend, 2007-2011 46
13.3.2 Natural Gas Production and Reserves, By Country/Region, 2007-2011 47
13.3.3 Natural Gas Reserve Changes, 2007-2011 48
13.4 RWE Dea AG, Total Crude Oil and Natural Gas Reserves Life Index 49
13.4.1 Total Crude Oil and Natural Gas Reserves Life Index, 2007-2011 49
13.4.2 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2007-2011 50
13.5 RWE Dea AG, E&P Costs Trends 51
13.5.1 Upstream Capital Expenditure, 2007-2011 51
13.6 RWE Dea AG, Results of Oil & Gas Operations Trend 52
13.6.1 Oil and Gas Revenue and Expenses, 2007-2011 52
13.6.2 Oil and Gas Revenue and Expenses, By Country/Region, 2007-2011 53
13.7 RWE Dea AG, Oil and Gas Revenue and Expenses, Per boe 54
13.7.1 Oil and Gas Revenue and Expenses, By boe, 2007-2011 54
13.7.2 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2007-2011 55

14 Appendix 56
14.1 Abbreviations 56
14.2 Sources 56
14.3 Methodology 57
14.3.1 Coverage 57
14.3.2 Secondary Research 57
14.3.3 Primary Research 58
14.4 Contact Us 58
14.5 Disclaimer 58

Table 1: RWE Dea AG, Notable Asset Transactions As Seller, 20102012 13
Table 2 RWE Dea AG, Prospects in Egypt and Norway, 2012 16
Table 3: RWE Dea AG, Upstream Growth Profile (MMboe), 20122016 21
Table 4: RWE Dea AG, Upcoming Asset Profile, 20122016 29
Table 5: RWE Dea AG, Historic and Estimated Production, 20092016 32
Table 6: RWE Dea AG, Income Statement ($m), 20092016 33
Table 7: RWE Dea AG, Balance Sheet ($m), 20092016 34
Table 8: RWE Dea, Net Asset Value, 2012 35
Table 9: RWE Dea AG and its Peers, Operational and Financial Performance, 2011 36
Table 10: RWE Dea AG, Notable Asset Transactions As Seller, 20102012 38
Table 11: RWE Dea AG, Notable Asset Transactions As Buyer, 20082012 39
Table 12: RWE Dea AG, Total Crude Oil and Natural Gas, Production and Reserves, MMboe, 2007-2011 40
Table 13: RWE Dea AG, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, MMboe, 2007-2011 41
Table 14: RWE Dea AG, Total Crude Oil and Natural Gas Reserve Changes, MMboe, 2007-2011 42
Table 15: RWE Dea AG, Crude Oil Production and Reserves Metrics, MMbbl, 2007-2011 43
Table 16: RWE Dea AG, Crude Oil Production and Reserves, By Country/Region, MMbbl, 2007-2011 44
Table 17: RWE Dea AG, Crude Oil Reserve Changes, MMbbl, 2007-2011 45
Table 18: RWE Dea AG, Natural Gas Production and Reserves Metrics, Bcf, 2007-2011 46
Table 19: RWE Dea AG, Natural Gas Production and Reserves, By Country/Region, Bcf, 2007-2011 47
Table 20: RWE Dea AG, Natural Gas Reserve Changes, Bcf, 2007-2011 48
Table 21: RWE Dea AG, Oil and Gas Reserves Life Index, Years, 2007-2011 49
Table 22: RWE Dea AG, Oil and Gas Reserves Life Index, By Country/Region, Years, 2007-2011 50
Table 23: RWE Dea AG, Upstream Capital Expenditure, $m, 2007-2011 51
Table 24: RWE Dea AG, Revenue and Expenses, $m, 2007-2011 52
Table 25: RWE Dea AG, Revenue and Expenses, By Country/Region, $m, 2007-2011 53
Table 26: RWE Dea AG, Oil and Gas Revenue and Expenses, $/boe, 2007-2011 54
Table 27: RWE Dea AG, Oil and Gas Revenue and Expenses, $/boe, By Country/Region, 2007-2011 55
Figure 1: RWE Dea AG, Operational Map, 2012 5
Figure 2: RWE Dea AG, Financial and Operational Overview, 20082011 6
Figure 3: RWE Dea AG, Historical and Estimated Production (mmboe), 20092016 9
Figure 4: RWE AG, Financial and Operational Performance (%), 20092011 10
Figure 5: RWE AG, Debt Ratios (Absolute), 20092011 11
Figure 6: RWE Dea AG, Share of Oil and Gas in Total Production (%), 20082011 14
Figure 7: RWE Dea AG, Reserve Life Index (Years), 20082011 15
Figure 8: RWE Dea AG, Historical and Estimated Production, 20092016 18
Figure 9: RWE Dea AG, Operational Map, Egypt, 2012 20
Figure 10: RWE Dea AG, Operational Map, Egypt, 2012 20
Figure 11: RWE Dea AG, Operational Map, 2012 22
Figure 12: RWE Dea AG, Operational Map, Egypt, 2012 23
Figure 13: RWE Dea AG, Operational Map, Norway, 2012 25
Figure 14: RWE Dea AG, Operational Map, UK, 2012 26
Figure 15: RWE Dea AG, Operational Map, Germany, 2012 27
Figure 16: RWE Dea AG, Operational Map, Libya, 2012 28
Figure 17: RWE Dea AG, Operational Map, Turkmenistan, 2012 29
Figure 18: RWE Dea AG, Capital Expenditure ($m), 20082011 30
Figure 19: RWE Dea AG, Capital Expenditure Plan, m, 2012-2016 31
Figure 20: RWE Dea AG and Peers, Total Reserves and Production (mmboe), 2011 36
Figure 21: RWE Dea AG and Peers, Total Reserves and Production (mmboe), 2011 37
Figure 22: RWE Dea AG and Peers, Share of Oil in Total Reserves and Production (%), 2011 37
Figure 23: RWE Dea AG, Total Crude Oil and Natural Gas, Production and Reserves, MMboe, 2007-2011 40
Figure 24: RWE Dea AG, Total Oil & Gas Production, By Country/Region, MMboe, 2007-2011 41
Figure 25: RWE Dea AG, Total Crude Oil and Natural Gas Reserve Changes, MMboe, 2011 42
Figure 26: RWE Dea AG, Crude Oil Production and Reserves Metrics, MMbbl, 2007-2011 43
Figure 27: RWE Dea AG, Oil Production, By Country/Region, MMbbl, 2007-2011 44
Figure 28: RWE Dea AG, Crude Oil Reserve Changes, MMbbl, 2011 45
Figure 29: RWE Dea AG, Natural Gas Production and Reserves Metrics, Bcf, 2007-2011 46
Figure 30: RWE Dea AG, Gas Production, By Country/Region, Bcf, 2007-2011 47
Figure 31: RWE Dea AG, Natural Gas Reserve Changes, Bcf, 2011 48
Figure 32: RWE Dea AG, Oil and Gas Reserves Life Index, Years, 2007-2011 49
Figure 33: RWE Dea AG, Revenue and Expenses, $m, 2007-2011 52
Figure 34: RWE Dea AG, Oil and Gas Revenue and Expenses, $/boe, 2007-2011 54