Home Page Icon
Home Page
Table of Contents for
Table of Contents
Close
Table of Contents
by Justin Pettit
The Final Frontier: E&P's Low-Cost Operating Model
Cover
Title Page
Copyright
Dedication
Acknowledgments
Abstract
Chapter 1: Introduction
A Vital Industry
What Now?
Industry Evolution
Ten Reasons to Update Your Operating Model
E&P Needs a New Agenda
Notes
Chapter 2: The New Agenda
Upstream Cost Transformation
“Cut Costs and Grow Stronger”
E&P Capabilities
Resource‐Based Key Capabilities
Notes
Chapter 3: E&P Operating Model Redesign
Internal Operating Model
Business Delineation and Performance Measurement
Organization Structure, Capabilities, and Workflows
Operations Management Processes
Delegation of Decision Rights
Informal Social Norms and Corporate Culture
Implications of Industry Evolution
Business Model Considerations
Notes
Chapter 4: PMI and Other Event‐Driven Redesigns
The Search for a Perfect Ownership Model
Preparing to Go Public
Key Success Factors
Event‐Driven Redesign
Note
Chapter 5: National Oil Company Considerations
National Oil Company Context
Sovereign and National Oil Company Strategies
Business Model Implications
Notes
Chapter 6: Collaborative Operating Models
Who Uses Joint Ventures?
Joint Venture Strategic Intent
Joint Venture Value and Valuation
Deal Structure
Joint Ventures in Practice—The “How”
Notes
Chapter 7: Financial Implications
Financial Strategy and Policy
Hedging and Trading
Notes
Glossary of Terms
Other Useful Links
Works Cited
About the Author
Index
End User License Agreement
Search in book...
Toggle Font Controls
Playlists
Add To
Create new playlist
Name your new playlist
Playlist description (optional)
Cancel
Create playlist
Sign In
Email address
Password
Forgot Password?
Create account
Login
or
Continue with Facebook
Continue with Google
Sign Up
Full Name
Email address
Confirm Email Address
Password
Login
Create account
or
Continue with Facebook
Continue with Google
Prev
Previous Chapter
Cover
Next
Next Chapter
Title Page
Table of Contents
Cover
Title Page
Copyright
Dedication
Acknowledgments
Abstract
Chapter 1: Introduction
A Vital Industry
What Now?
Industry Evolution
Ten Reasons to Update Your Operating Model
E&P Needs a New Agenda
Notes
Chapter 2: The New Agenda
Upstream Cost Transformation
“Cut Costs and Grow Stronger”
E&P Capabilities
Resource‐Based Key Capabilities
Notes
Chapter 3: E&P Operating Model Redesign
Internal Operating Model
Business Delineation and Performance Measurement
Organization Structure, Capabilities, and Workflows
Operations Management Processes
Delegation of Decision Rights
Informal Social Norms and Corporate Culture
Implications of Industry Evolution
Business Model Considerations
Notes
Chapter 4: PMI and Other Event‐Driven Redesigns
The Search for a Perfect Ownership Model
Preparing to Go Public
Key Success Factors
Event‐Driven Redesign
Note
Chapter 5: National Oil Company Considerations
National Oil Company Context
Sovereign and National Oil Company Strategies
Business Model Implications
Notes
Chapter 6: Collaborative Operating Models
Who Uses Joint Ventures?
Joint Venture Strategic Intent
Joint Venture Value and Valuation
Deal Structure
Joint Ventures in Practice—The “How”
Notes
Chapter 7: Financial Implications
Financial Strategy and Policy
Hedging and Trading
Notes
Glossary of Terms
Other Useful Links
Works Cited
About the Author
Index
End User License Agreement
List of Tables
Chapter 2: The New Agenda
Table 2.1 Well Architecture as a Function of Rock Type and Permeability
Table 2.2 Illustration of Key Costs and Capabilities, by Resource Type
Chapter 3: E&P Operating Model Redesign
Table 3.1 Estimated New Source Production Based on Portfolios
Table 3.2 Implications of Industry Evolution
Chapter 5: National Oil Company Considerations
Table 5.1 Methane Hydrate Pilots
Table 5.2 Illustration of NOC Capabilities
Chapter 6: Collaborative Operating Models
Table 6.1 Deal Structure Landscape
Table 6.2 Alternatives in Deal Design
Chapter 7: Financial Implications
Table 7.1 Illustration of Financing Alternatives for Oil and Gas Producers
List of Illustrations
Chapter 1: Introduction
Figure 1.1 World Primary Energy, by Fuel (million tonnes oil equivalent)
Figure 1.2 Upstream Evolution
Figure 1.3 World Resource Plays
Figure 1.4 Conventional Oil and Gas Discoveries and Field Growth, by Year
Figure 1.5 Worldwide Oil and Gas Production by Majors (MM boe)
Chapter 2: The New Agenda
Figure 2.1 Illustration of Upstream Cost Initiatives
Figure 2.2 Permian Break‐Even Oil Prices by Sub‐play ($/barrel)
Figure 2.3 Key Organizational Capabilities (E&P)
Figure 2.4 Subsurface Interpretation Workflow
Figure 2.5 Relative Technology Investment Activity, by Capability Area
Chapter 3: E&P Operating Model Redesign
Figure 3.1 Operating Model Elements
Figure 3.2 How to Achieve Relevant Scale in Capabilities
Figure 3.3 Upstream Portfolio Tool
Figure 3.4 Partnering Where Capabilities or Scale Are Advantaged
Chapter 5: National Oil Company Considerations
Figure 5.1 National Oil Company Competitive Dynamics
Figure 5.2 Sovereign Energy Strategy by Archetype
Chapter 6: Collaborative Operating Models
Figure 6.1 Portfolio Production by Operator (MM boe per day)
Figure 6.2 Joint Venture Strategic Intent
Figure 6.3 Comparison of M&A and JV Deal Effort
Chapter 7: Financial Implications
Figure 7.1 Financing Strategy Framework
Figure 7.2 Private‐Sector Capital for Energy and Infrastructure
Figure 7.3 Hybrid Security Structures and Features
Figure 7.4 Strategic Risk Management Framework
Figure 7.5 What Risks to Own
Figure 7.6 Spectrum of Risk Management Tactics
Figure 7.7 Illustration of Layering
Guide
Cover
Table of Contents
Begin Reading
Pages
iii
iv
v
vii
viii
ix
x
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
171
172
173
174
175
176
177
178
179
180
181
182
Add Highlight
No Comment
..................Content has been hidden....................
You can't read the all page of ebook, please click
here
login for view all page.
Day Mode
Cloud Mode
Night Mode
Reset