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7 Pages

LUKOIL acquires ConocoPhillips' 30% interest in NaryanMarNefteGaz


LUKOIL acquires ConocoPhillips' 30% interest in NaryanMarNefteGaz

Report summary

ConocoPhillips has sold its 30% stake in Naryanmarneftegaz, a joint venture with LUKOIL, for an undisclosed consideration. Following the deal, LUKOIL has consolidated 100% ownership of the JV. As of 2012, Naryanmarneftegaz operates 11 commercial fields and three technical fields in northern Timan-Pechora. Production is declining but, with renewed investment, is expected to reach a second peak towards the end of the decade. We value the stake at US$917 million (NPV10, discounted to 1 ...

What's included?

This report includes 1 file(s)

  • LUKOIL acquires ConocoPhillips' 30% interest in NaryanMarNefteGaz PDF - 820.65 KB 7 Pages, 6 Tables, 2 Figures

Description

The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Deal Insight report provides an in-depth analysis of this deal. You will also find information about upstream assets and the strategic rationale behind the deal.

For investors and businesses, this deal insight report provides an understanding of the effect this deal will have on the market, including oil and gas pricing and assumptions. Use it to keep up to date with deal announcements, gain expert insights and analyse potential developments that might affect your strategy.

Wood Mackenzie goes beyond company-reported data and announcements to give you an independent and informed view. Our unique valuation metrics are underpinned by our deep understanding of upstream assets and companies. We help you objectively benchmark and evaluate asset and corporate deals so you can compare deal economics around the world.

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

In this report there are 8 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • Transaction details
  • Upstream assets
    • Naryanmarneftegaz Assets Map
    • Naryanmarneftegaz; Wood Mackenzie modelling assumptions (net)
    • Upstream assets: Table 1
  • Deal analysis
    • Deal analysis: Table 1
    • Deal analysis: Table 2
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions
    • Oil & gas pricing and assumptions: Table 1
    • Oil & gas pricing and assumptions: Table 2
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