Abstract
Poland 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 Poland. It
provides asset level information relating to the active and planned oil and
gas fields and exploration blocks in Poland. The profiles of the major
companies operating in the upstream industry of Poland 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 6
1.2 List of Figures 7
2
Introduction 8
2.1 What Is This Report About? 8
2.2 How To Use This
Report 8
2.3 Market Definition 8
3 Poland, Country Snapshot 9
3.1
Poland, Key Data 9
3.2 Poland, Exploration And Production Assets Map
10
3.3 Poland, Crude Oil & Natural Gas Reserves 11
4 Poland, Crude Oil
And Natural Gas Production 13
4.1 Poland, Historical Crude Oil Production
13
4.2 Poland, Historical Natural Gas Production 14
4.3 Poland, Crude
Oil And Natural Gas Producing Asset Details 15
4.4 Poland, Crude Oil
Production Assets by Area 15
4.5 Poland, Natural Gas Production Assets by
Area 16
4.6 Poland, Crude Oil Production by Company 17
4.7 Poland,
Natural Gas Production by Company 17
5 Poland, Crude Oil And Natural Gas
Forecasts 18
5.1 Poland, Forecasted Crude Oil Production 18
5.2
Poland, Forecasted Natural Gas Production 18
6 Poland, Exploration Block
Details 19
6.1 Poland, Total Number of Active Exploration Blocks 19
6.2 Poland, Total Number of Active Exploration Blocks by Company 20
6.3
Poland, Exploration Blocks Details 21
6.4 Poland, Planned Exploration
Blocks Details 27
7 PGNiG SA 29
7.1 PGNiG, Key Information 29
7.2
PGNiG, Company Overview 29
7.3 PGNiG, Business Description 30
7.3.1
PGNiG, Business Description, Business Overview 30
7.3.2 PGNiG, Business
Description, Distribution 31
7.3.3 PGNIG, Business Description, Others
32
7.3.4 PGNiG, Business Description, Production 32
7.3.5 PGNiG,
Business Description, Trade and Storage 33
7.3.6 PGNiG, Business
Description, Major Products and Services 34
8 Poland Exploration and
Production Industry, Deals Land Scape 35
8.1 Acquisition 35
8.1.1
Aurelian Oil & Gas Acquires Minority Stake In Poland Concessions 35
8.1.2
Grupa LOTOS Acquires LOTOS Parafiny From LOTOS Jaslo, RC Parafiny And
Chemipetrol 36
8.1.3 Fortum Power and Heat Acquires 85% Shares Of
Przedsiebiorstwo Energetyczne Systemy Cieplownicze From State Treasury of
Poland 38
8.2 Partnership 40
8.2.1 GB Petroleum And PGNiG Sign
Memorandum Of Understanding 40
8.2.2 Fx Energy Signs Joint Venture
Agreement With PL Energia 41
8.3 Asset Transactions 43
8.3.1 SNGN
Romgaz To Acquire 30% Interest In Cybinka and Torzym Concessions From Aurelian
Oil & Gas And GB Petroleum 43
8.3.2 Gold Point Energy Announces Farm-In On
Polish Oil And Gas Project 44
9 Poland Exploration and Production
Industry, Recent Developments 47
9.1 License Awards 47
9.1.1 Jul 01,
2008: Aurelian Receives Poznan Polnok Exploration Concession By State Treasury
Of 47
9.1.2 Poland 47
9.1.3 Jun 17, 2008: LOTOS Subsidiary Receives
Extension Of License For Exploration In Wolin Area 47
9.1.4 Feb 11, 2008:
Aurelian Wins Three Concessions Licenses In 2007 Licensing Round 47
9.1.5
Dec 18, 2007: Petrobaltic Gets Extension Of Seven Prospecting And Exploration
Licenses 48
9.1.6 Dec 10, 2007: PGNiG Wins Exploration License In Libya
48
9.2 Strategy and Business Expansion 49
9.2.1 Aug 08, 2008: PKN
Orlen May Seek Partner From Persian Gulf To Help In Its Search For Oil 49
9.2.2 May 26, 2008: PGNiG Opens Representative Office In Kiev, Ukraine 49
9.2.3 May 21, 2008: Aurelian To Further Develop Siekierki Project In Poland
49
9.2.4 Mar 25, 2008: PKN Orlen Registers New Company In Netherlands
50
9.2.5 Feb 25, 2008: PGNiG Signs Exploration And Production Sharing
Agreement With NOC 50
9.2.6 Dec 10, 2007: PGNiG Acquires Interest In
Exploration License In Denmark 50
9.3 Recent Discoveries 51
9.3.1 Jul
09, 2008: FX Energy Reports Gas Shows At Grundy-2 Well In Fences Concession
51
9.3.2 Nov 19, 2007: Aurelian Updates On Trzek-1 Well In Central Poland
51
9.4 Drilling and Production Updates 52
9.4.1 Aug 12, 2008: FX
Energy Announces Workover At Its Grabowka-12 Well In Block 287, Poland 52
9.4.2 Aug 07, 2008: FX Energy Updates On Kromolice-1 Well, Poland 52
9.4.3
Aug 05, 2008: FX Energy Updates On Kromolice-1 Well, Poland 53
9.4.4 Jul
29, 2008: FX Energy' s Kromolice-1 Well Flows Gas 53
9.4.5 Jun 30, 2008: FX
Energy Starts Drilling Sroda-6 Well In Poland 54
9.4.6 Apr 22, 2008: FX
Energy Updates On Kromolice North Well 54
9.4.7 Feb 20, 2008: FX Energy
2007 Oil And Gas Reserves Increases By 50% 55
9.4.8 Feb 08, 2008: FX
Energy Updates On Grundy Well In Poland 56
9.4.9 Feb 05, 2008: Aurelian
Updates On Trzek-1, Poland 56
9.5 Financial Announcements 57
9.5.1 May
14, 2008: PGNiG Reports Q1 2008 Results 57
9.5.2 Nov 14, 2007: PGNiG
Reports Q3 2007 Results 58
9.6 Other Significant Developments 59
9.6.1
Sep 08, 2008: FX Energy Updates On Kromolice-1 Well And Grundy-2 Well 59
9.6.2 Jul 07, 2008: LOTOS Supervisory Board Member Resigns 59
9.6.3 Jul
04, 2008: LOTOS Appoints Chairman Of Supervisory Board 60
9.6.4 Apr 28,
2008: PGNiG Announces Supervisory Board Changes 61
9.6.5 Mar 20, 2008:
PGNiG Announces Management Changes 63
9.6.6 Mar 14, 2008: PGNiG Appoints
New Chairman 63
9.6.7 Mar 12, 2008: PGNiG Announces Management Changes
63
9.6.8 Mar 10, 2008: PGNiG To Invest PLN16 Billion By 2020, Mostly In
Upstream Sector 65
9.6.9 Mar 05, 2008: PKN Orlen Updates On Its Mazeikiu
Nafta Refinery 65
9.6.10 Feb 28, 2008: PKN Orlen' s Supervisory Board
Suspends President And CEO 66
9.6.11 Feb 21, 2008: PGNiG Appoints Chairman
Of Supervisory Board 66
9.7 New Contracts Announcements 66
9.7.1 Feb
21, 2008: NOC Enters E&P Agreement With Polish 66
10 Appendix 67
10.1
Methodology 67
10.1.1 Coverage 68
10.1.2 Secondary Research 68
10.1.3 Primary Research 69
10.1.4 Forecasts 69
10.2 Key Economic
Assumptions 71
10.3 Expert Panel Validation 72
10.4 Definitions 73
10.5 Unit Of Measure 74
10.6 Contact Us 74
10.7 Disclaimer 74
10.8
Disclosure information 74
1.1 List of Tables
Table 1: Poland, Oil
and Gas, Key Statistics, Aug 2008 9
Table 2: Poland, Total Crude Oil and
Natural Gas Reserves (MMBOE), 2000-2012 12
Table 3: Poland, Total Crude
Oil Production (MMBBLs), 2000-2007 13
Table 4: Poland, Total Natural Gas
Production (BCF), 2000-2007 14
Table 5: Poland, Oil and Gas Asset Details,
Aug 2008 15
Table 6: Poland Offshore, Total Crude Oil Production
(Barrels), by Assets, 2000-2007 15
Table 7: Poland Onshore, Total Crude
Oil Production (Barrels), by Assets, 2000-2007 16
Table 8: Poland
Offshore, Total Natural Gas Production (MMCF), by Assets, 2000-2007 16
Table 9: Poland Onshore, Total Natural Gas Production (MMCF), by Assets,
2000-2007 16
Table 10: Poland, Total Crude Oil Production (MMBBLs), by
Company, 2000-2007 17
Table 11: Poland, Total Natural Gas Production (BCF)
by Company, 2000-2007 17
Table 12: Poland, Total Crude Oil Production
(MMBBLs), Forecast, 2008-2013 18
Table 13: Poland, Total Natural Gas
Production (BCF), Forecast, 2008-2013 18
Table 14: Poland, Total Number of
Active Exploration Blocks, 2000-2007 19
Table 15: Poland, Total Number of
Active Exploration Blocks By Company, 2000-2007 20
Table 16: Poland, Oil
and Gas Exploration Block Details, Aug 2008 21
Table 17: Poland, Oil and
Gas Exploration Block Details, Aug 2008, (Contd.) 22
Table 18: Poland, Oil
and Gas Exploration Block Details, Aug 2008, (Cont' d) 23
Table 19: Poland,
Oil and Gas Exploration Block Details, Aug 2008, (Cont' d) 24
Table 20:
Poland, Oil and Gas Exploration Block Details, Aug 2008, (Cont' d) 25
Table
21: Poland, Oil and Gas Exploration Block Details, Aug 2008, (Cont' d) 26
Table 22: Oil and Gas Planned Exploration Block Details, Aug 2008 27
Table
23: Oil and Gas Planned Exploration Block Details, Aug 2008 (Cont' d) 28
Table 24: PGNiG SA, Key Facts, 2005 29
Table 25: Brent Blend NYMEX
Future Prices 72
1.2 List of Figures
Figure 1: Poland,
Exploration and Production Assets Map, Aug 2008 10
Figure 2: Poland, Total
Crude Oil and Natural Gas Reserves (MMBOE), 2000-2012 11
Figure 3: Poland,
Total Crude Oil Production (MMBBLs), 2000-2007 13
Figure 4: Poland, Total
Natural Gas Production (BCF), 2000-2007 14
Figure 5: Poland, Total Number
of Active Exploration Blocks, 2000-2007 19
Figure 6: Global Markets
Direct Methodology 67
