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Offshore Oil and Gas in Nigeria - Production, Drilling, Rig Activity and Expenditure Product Image

Offshore Oil and Gas in Nigeria - Production, Drilling, Rig Activity and Expenditure

  • Published: February 2011
  • Region: Nigeria
  • 88 pages
  • Datamonitor

Introduction

The report looks at offshore oil and gas activities in Nigeria. The report details the main upstream indicators of activity from drilling activity, expenditure through to production. Our data goes back to 2000 for most categories and forward to 2030 for production. It gives analysts and investors a concise guide to this important industry.

Features and benefits

- Develop investment strategies through a review of key suppliers of upstream supplies and services
- Identify M&A targets by analyzing offshore production data (value, volume and share) on a company-by-company basis
- Analyze and identify key rigs across Nigeria by comparing rigs across 26 parameters

Highlights

Oil and gas production in Nigeria grew at a CAGR of 4.9% over the 2000-09 period. This is expected to decline at a CAGR of 0.1% over the 2009-30 period.
Capital Expenditure (Capex) accounted for a 65.5% share of the total offshore expenditure in 2009 in Nigeria, while Operational Expenditure (Opex) accounted for the remaining 34.5% share.

Your key questions answered

- Which companies are the most active in the offshore oil and gas sector?
- READ MORE >

Introduction
Summary
Market definition
Nigerian Offshore Oil and Gas Production Overview
Offshore production to 2030
Offshore cumulative production to 2030
Offshore remaining production to 2030
Nigerian Offshore Production Wells
Total production wells (oil & gas) overview
Offshore production wells (oil & gas)
Nigerian Offshore Drilling
Offshore drilling of wells to 2015
Offshore well drilling split by exploratory and development to 2015
Offshore exploratory well drilling to 2015
Offshore exploratory well drilling in Nigeria, split by exploration and appraisal to 2015
Offshore development well drilling to 2015
Offshore development well drilling in Nigeria, split by surface and sub-sea development to 2015
Nigerian Offshore Expenditure
Capex and Opex to 2015
Nigerian Offshore Rig Activity
Lonestar 203, Lonestar 204, Noble Duchess, GSF Jack Ryan, GSF Adriatic IX
Nigeria, offshore rig activity, GSF Baltic, GSF High Island VII, Manilla, Noble Ed Noble, Noble Percy Johns
Rig 1, Parker Rig 74, Rig 2, Scarabeo 3, Searex 12
Sedco Energy, Stena Tay, Delta Queen, Transocean Marianas, West Capella
SeaWolf Oritsetimeyin, SeaWolf Onome, Constitution
Nigerian Equity Stakes
Companies ranked by estimated oil production offshore in 2010
Companies ranked by estimated natural gas production offshore in 2010
Companies ranked by estimated oil & natural gas production offshore in 2010
Top 10 companies ranked by estimated oil production offshore in 2010
Top 10 companies ranked by estimated oil & natural gas production offshore in 2010
Top 5 companies ranked by estimated oil production offshore in 2010
Top companies ranked by estimated natural gas production offshore in 2010
Top 5 companies ranked by estimated oil & natural gas production offshore in 2010
Companies and estimated oil production per year
Companies and estimated natural gas production per year
Appendix
Research methodology
Global oil & gas analyzer overview
Overview of reserves
Overview of drilling activity
How producing wells are forecast
Overview of production data
Overview of production decline rates
Overview of offshore Capex & Opex data
Overview of drilling expenditure
Overview of operating expenditure
Overview of consumption data
Sources of data
Data verification
Final data review and publication
How to contact experts in your industry
Further reading
Disclaimer

LIST OF FIGURES
Figure 1: Nigeria, offshore oil and gas production (000s boe/day), 2000–09
Figure 2: Nigeria, offshore oil and gas production (000s boe/day), 2009–30f
Figure 3: Nigeria, oil and gas market, offshore cumulative production (mm boe), 2000–09
Figure 4: Nigeria, oil and gas market, offshore cumulative production (mm boe), 2009–30f
Figure 5: Nigeria, oil and gas market, offshore remaining production (mm boe), 2000–09
Figure 6: Nigeria, oil and gas market, offshore remaining production (mm boe), 2009–30f
Figure 7: Nigeria, number of production wells (oil and gas), 2002–09
Figure 8: Nigeria, number of production wells (oil and gas), 2009–15f
Figure 9: Nigeria, number of offshore producing wells 2002–09
Figure 10: Nigeria, number of offshore producing wells 2009–15f
Figure 11: Nigeria, number of offshore wells drilled, 2000–15f
Figure 12: Nigeria, number of offshore wells drilled, split by exploratory and development, 2000–15f
Figure 13: Nigeria, number of offshore exploratory wells drilled, 2000–15f
Figure 14: Nigeria, number of offshore exploratory wells drilled, split by exploration and appraisal, 2000–15f
Figure 15: Nigeria, number of offshore development wells drilled, 2000–15f
Figure 16: Nigeria, number of offshore development wells drilled, split by surface and sub-sea development, 2000–15f
Figure 17: Nigeria, offshore expenditure, capex and opex ($m), 2000–09
Figure 18: Nigeria, offshore expenditure, capex and opex ($m), 2009–15f
Figure 19: Nigeria, offshore oil estimated production volume (mm bbl/year) by company, 2010
Figure 20: Nigeria, offshore natural gas estimated production volume (bcm/year) by company, 2010
Figure 21: Nigeria, offshore oil & natural gas estimated production volume (mm boe/year) by company, 2010
Figure 22: Nigeria, estimated market share of top 10 companies in offshore oil production, 2010
Figure 23: Nigeria, estimated market share of top 10 companies in offshore oil & natural gas production, 2010
Figure 24: Nigeria, estimated market share of top 5 companies in offshore oil production, 2010
Figure 25: Nigeria, estimated market share of top companies in offshore natural gas production, 2010
Figure 26: Nigeria, estimated market share of top 5 companies in offshore oil & natural gas production, 2010
Figure 27: Nigeria, offshore oil estimated production per year by company, 2010–30
Figure 28: Nigeria, offshore natural gas estimated production per year by company, 2010–30

LIST OF TABLES
Table 1: Nigeria, offshore oil and gas production (000s boe/day), 2000–09
Table 2: Nigeria, offshore oil and gas production (000s boe/day), 2009–30f
Table 3: Nigeria, oil and gas market, offshore cumulative production by oil (mm bbls) and gas (bcm), 2000–09
Table 4: Nigeria, oil and gas market, offshore cumulative production by oil (mm bbls) and gas (bcm), 2009–30f
Table 5: Nigeria, oil and gas market, offshore remaining production by oil (mm bbls) and gas (bcm), 2000–09
Table 6: Nigeria, oil and gas market, offshore remaining production by oil (mm bbls) and gas (bcm), 2009–30f
Table 7: Nigeria, number of production wells (oil and gas), 2002–09
Table 8: Nigeria, number of production wells (oil and gas), 2009–15f
Table 9: Nigeria, number of offshore producing wells 2002–09
Table 10: Nigeria, number of offshore producing wells 2009–15f
Table 11: Nigeria, number of offshore wells drilled, 2000–15f
Table 12: Nigeria, number of offshore wells drilled, split by exploratory and development, 2000–15f
Table 13: Nigeria, number of offshore exploratory wells drilled, 2000–15f
Table 14: Nigeria, number of offshore exploratory wells drilled, split by exploration and appraisal, 2000–15f
Table 15: Nigeria, number of offshore development wells drilled, 2000–15f
Table 16: Nigeria, number of offshore development wells drilled, split by surface and sub-sea development, 2000–15f
Table 17: Nigeria, offshore expenditure, capex and opex ($m), 2000–09
Table 18: Nigeria, offshore expenditure, capex and opex ($m), 2009–15f
Table 19: Nigeria, offshore rig activity, Lonestar 203, Lonestar 204, Noble Duchess, GSF Jack Ryan, GSF Adriatic IX
Table 20: Nigeria, offshore rig activity, GSF Baltic, GSF High Island VII, Manilla, Noble Ed Noble, Noble Percy Johns
Table 21: Nigeria, offshore rig activity, Rig 1, Parker Rig 74, Rig 2, Scarabeo 3, Searex 12
Table 22: Nigeria, offshore rig activity, Sedco Energy, Stena Tay, Delta Queen, Transocean Marianas, West Capella
Table 23: Nigeria, offshore rig activity, SeaWolf Oritsetimeyin, SeaWolf Onome, Constitution
Table 24: Nigeria, offshore oil estimated production by company (companies only, excludes not identified and NGLs), 2010
Table 25: Nigeria, offshore oil estimated production volume by company (includes not identified and excludes NGLs), 2010
Table 26: Nigeria, offshore natural gas estimated production by company (companies only, excludes not identified and wasted), 2010
Table 27: Nigeria, offshore natural gas estimated production volume by company (includes not identified, excludes wasted), 2010
Table 28: Nigeria, offshore oil & natural gas estimated production (companies only, excludes not identified, NGLs and wasted) by company, 2010
Table 29: Nigeria, offshore oil & natural gas estimated production (includes not identified, excludes NGLs and wasted) by company, 2010
Table 30: Nigeria, top 10 offshore oil estimated production companies (companies only, excludes not identified and NGLs) by company, 2010
Table 31: Nigeria, top 10 offshore oil & natural gas estimated production companies (companies only, excludes not identified, NGLs and wasted) by company, 2010
Table 32: Nigeria, top 5 offshore oil estimated production companies (companies only, excludes not identified and NGLs) by company, 2010
Table 33: Nigeria, top offshore natural gas estimated production companies (companies only, excludes not identified and wasted) by company, 2010
Table 34: Nigeria, top 5 offshore oil & natural gas estimated production companies (companies only, excludes not identified, NGLs and wasted) by company, 2010
Table 35: Nigeria, offshore oil estimated production volumes (mm bbl/year) by company 2010–30
Table 36: Nigeria, offshore natural gas estimated production volumes (bcm/year) by company 2010–30

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