Nexen Inc. (Nexen) Analysis across The Oil and Gas Value Chain

SUMMARY

Summary

Nexen Inc. (Nexen) Analysis across The Oil and Gas Value Chain is an essential source for data, analysis and strategic insight into Nexen Inc.. The report provides key information relating to oil and gas assets of the company and financial, SWOT and value chain analysis of the company. The report examines company's business structure and operations, history and products, and provides an analysis of its key revenue lines. It inspects the company's strategy, both in terms of its value chain positioning and strategic strengths and weaknesses.

Scope

• Provides historical production or capacity data on Nexen Inc.'s oil and gas assets across value chain.
• Analyses and forecasts output for major oil and gas assets to 2020.
• Reports oil and gas exploration assets for each country including operator and equity details for major oil and gas assets of Nexen Inc.
• Critical analysis of Nexen Inc.' s strengths, weaknesses opportunities and threats and positioning on the value chain.
• Provides summary analysis of key revenue lines and strategy.
• Details on Nexen Inc.'s history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.
• Product and brand updates, strategy changes, financial events.
• Latest mergers and acquisitions, partnerships or financings of Nexen Inc. including debt, equity or venture finance.

Reasons to buy

• Research your competitors business structure, strategy and prospects.
• Assess your competitor's major energy assets and their historic and forecast performance.
• Identify and assess potential corporate and asset investment opportunities
• Support sales activities by understanding your customers businesses better.
• Qualify prospective partners and suppliers.
• Obtain up to date company information

TABLE OF CONTENTS

1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10
2 Company Snapshot 11
2.1 Key Information 11
2.2 Company Overview 11
2.3 Financial Performance 11
2.4 Industry Outlook -- Production & Exploration 11
2.5 SWOT Snapshot 12
3 Nexen Inc. , Crude Oil And Natural Gas Forecasts, 2000-2012 13
3.1 Nexen Inc. , Crude Oil & Natural Gas Forecasts, By Fields 13
3.2 Nexen Inc. , Gross Revenue Forecasts, By Fields 16
3.3 Nexen Inc. , Total Government Take Forecasts, By Fields 18
3.4 Nexen Inc. , Contractor Take Forecasts, By Fields 20
4 Nexen Inc. , Exploration and Production Summary 22
4.1 Nexen Inc., Fields under development 22
4.2 Nexen Inc. , Active Exploration Blocks, by Country, 2000-2007 22
4.3 Nexen Inc., Crude Oil Production, by Country 24
4.4 Nexen Inc., Natural Gas Production, by Country 25
5 Nexen Inc., Crude Oil and Natural Gas Production By Fields 26
5.1 Nexen Inc., Crude Oil Production 26
5.1.1 Nexen Inc., Crude Oil Production in Louisiana, By Fields 26
5.1.2 Nexen Inc., Crude Oil Production in Montana, By Fields 27
5.1.3 Nexen Inc., Crude Oil Production in North Dakota, By Fields 27
5.1.4 Nexen Inc., Crude Oil Production in Alberta, By Fields 28
5.1.5 Nexen Inc., Crude Oil Production in Saskatchewan, By Fields 28
5.1.6 Nexen Inc., Crude Oil Production in Australia, By Fields 33
5.1.7 Nexen Inc., Crude Oil Production in United Kingdom, By Fields 34
5.1.8 Nexen Inc., Crude Oil Production in Yemen, By Fields 34
5.1.9 Nexen Inc., Crude Oil Production in Colombia, By Fields 34
5.1.10 Nexen Inc., Crude Oil Production in GOM - Continental Slope, By Fields 35
5.1.11 Nexen Inc., Crude Oil Production in GOM - Deep Water, By Fields 35
5.1.12 Nexen Inc., Crude Oil Production in GOM - Continental Shelf, By Fields 36
5.2 Nexen Inc., Natural Gas Production 36
5.2.1 Nexen Inc., Natural Gas Production in Louisiana, By Fields 36
5.2.2 Nexen Inc., Natural Gas Production in Montana, By Fields 37
5.2.3 Nexen Inc., Natural Gas Production in Saskatchewan, By Fields 37
5.2.4 Nexen Inc., Natural Gas Production in GOM - Continental Slope, By Fields 44
5.2.5 Nexen Inc., Natural Gas Production in GOM - Deep Water, By Fields 44
5.2.6 Nexen Inc., Natural Gas Production in GOM - Continental Shelf, By Fields 45
6 Nexen Inc Pipeline Operation 46
6.1 Pipeline Operation, Overview 46
6.2 Pipeline Operation, Crude Oil Pipelines 46
7 Nexen Inc. Oil and Chemicals Storage Operation 47
7.1 Oil and Chemicals Storage Operation, Overview 47
7.2 Oil and Chemicals Storage Operation, Yemen 47
7.2.1 Oil and Chemicals Storage Operation, Yemen, Storage Capacity, 2000-2012 47
8 Business Description 48
8.1 Business Overview 48
8.2 Chemicals 48
8.2.1 Overview 48
8.2.2 Production 48
8.2.3 Financials 48
8.2.4 Capital Expenditure 48
8.2.5 Market View 48
8.2.6 Key Strategies 49
8.3 Energy Marketing 49
8.3.1 Overview 49
8.3.2 Production 49
8.3.3 Financials 49
8.3.4 Capital Expenditure 50
8.3.5 Key Strategies 50
8.4 Oil and Gas 50
8.4.1 Overview 50
8.4.2 Production 51
8.4.3 Financials 51
8.4.4 Capital Expenditure 51
8.4.5 Market View 51
8.4.6 Key Strategies 51
8.5 Syncrude 52
8.5.1 Overview 52
8.5.2 Production 52
8.5.3 Financials 52
8.5.4 Capital Expenditure 52
8.5.5 Market View 53
8.5.6 Key Strategies 53
8.6 Major Products and Services 53
8.6.1 Overview 53
9 History 54
10 Business Strategy 57
10.1 Mission Statement 57
10.2 Strategy 57
10.3 Corporate Social Responsibility 58
10.3.1 Overview 58
10.3.2 Specific CSR Initiatives 58
11 Value Chain Analysis 60
11.1 Upstream 60
11.1.1 Overview 60
11.1.2 Financials, Production and Major Projects 61
11.2 Midstream 62
11.2.1 Overview 62
12 SWOT Analysis 63
12.1 Overview 63
12.2 Nexen Inc. Strengths 64
12.2.1 Geographically Diversified Operations 64
12.2.2 Buzzard Project 64
12.2.3 Steady Revenue Growth 64
12.3 Nexen Inc. Weaknesses 65
12.3.1 Heavy Dependence on OPTI Canada 65
12.3.2 Poor Resource Management 65
12.4 Nexen Inc. Opportunities 65
12.4.1 Oil Sands Growth Potential 65
12.4.2 Ettrick and Long Lake Oil Sands Project 65
12.5 Nexen Inc. Threats 66
12.5.1 Intense Competition In Oil Sands Business 66
12.5.2 Political Risks 66
12.5.3 Government Regulations 66
13 Competitors 68
14 Revenue Analysis 69
14.1 Revenue by Segment 69
14.2 Revenue by Geography 69
15 Financial and Operational Review 71
15.1 Financial Statements 71
15.2 Financial Ratios 72
16 Operational Indicators 73
17 Share Holding Structure 74
18 Key Employees 75
19 Key Employee Biographies 76
20 Company Statement 78
21 Locations And Subsidiaries 80
21.1 Head Office 80
21.2 Other Locations & Subsidiaries 80
22 Financial Deals Landscape 81
22.1 Debt Offerings 81
22.1.1 Nexen Completes Public Offering Of Senior Notes For $1,250 Million 81
22.1.2 Nexen Completes Public Offering Of Senior Notes For $250 Million 83
22.1.3 Nexen Completes Public Offering Of $250 Million Senior Notes 85
22.1.4 Nexen Completes Public Offering Of $790 Million Senior Notes 86
22.2 Partnership 88
22.2.1 Nexen Signs An Agreement With Petroleos Mexicanos 88
22.2.2 Pembina Pipeline Signs An Engineering Commitment Support Agreement 89
22.2.3 Inter Pipeline Fund Signs An Oil Storage And Marketing Agreement With Nexen 92
23 Recent Developments 94
23.1 Strategy and Business Planning 94
23.1.1 Feb 27, 2008: Nexen Receives Approval For Usan Field, Offshore Nigeria 94
23.1.2 Feb 08, 2008: Norway Declares Licensing Awards For APA 2007 94
23.1.3 Oct 05, 2007: Nexen, Pemex Sign Collaboration Agreement 95
23.2 Operations Updates 96
23.2.1 Apr 29, 2008: Nexen Resumes North Sea Production 96
23.2.2 Apr 28, 2008: Eni Starts Development Of Longhorn Gas Field In Gulf Of Mexico Deepwater 96
23.2.3 Apr 27, 2008: Nexen Provides Operational Update 97
23.2.4 Apr 22, 2008: Nexen Updates On Winter Shale Gas Program 97
23.2.5 Apr 21, 2008: Atlantic Provides Update On 20/2a-8 Blackbird Well 98
23.2.6 Feb 01, 2008: Shell Announces New Oil Discovery At EGOM 99
23.2.7 Nov 13, 2007: Nexen Restarts Buzzard Platform Production 99
23.2.8 Nov 09, 2007: Nexen Temporarily Shuts Down Buzzard Platform 99
23.3 Financial Announcements 100
23.3.1 Apr 29, 2008: Nexen Declares Quarterly Dividend 100
23.3.2 Apr 29, 2008: Nexen Declares Q1 2008 Results 100
23.3.3 Feb 14, 2008: Nexen Declares Q4 2007 Results 103
23.3.4 Feb 14, 2008: Nexen Declares Quarterly Dividend 105
23.3.5 Dec 04, 2007: Nexen Provides 2008 Capital Investment Program 105
23.3.6 Oct 24, 2007: Nexen Declares Q3 2007 Results 106
23.3.7 Jul 12, 2007: Nexen Declares Q2 2007 Results 107
23.3.8 May 30, 2007: Nexen Files Preliminary Universal Self Prospectus With SEC 109
23.3.9 Apr 26, 2007: Nexen Reports Q1 2007 Financial And Production Updates 109
23.4 Other Significant Developments 113
23.4.1 Mar 28, 2008: Saipem Wins New Offshore Contract In Nigeria 113
23.4.2 Feb 07, 2008: Prosafe, Nexen Sign LoI For Safe Bristolia 114
23.4.3 Sep 21, 2007: ENSCO Signs Drilling Contract With Nexen 114
24 Appendix 115
24.1 Methodology 115
24.1.1 Coverage 115
24.1.2 Secondary Research 116
24.1.3 Primary Research 116
24.1.4 E&P Forecasts 117
24.1.5 Midstream Forecasts 119
24.1.6 Expert Panel Validation 120
24.2 Contact Us 120
24.3 About Global Markets Direct 120
24.4 Disclaimer 120

1.1 List of Tables
Table 1: Nexen Inc.,Key Facts, 2007 11
Table 2: Nexen Inc. ,Crude Oil Production And Forecasts (Boe) by Fields ,2000-2012 14
Table 3: Nexen Inc. ,Natural Gas Production And Forecasts (MMcf) by Fields ,2000-2012 15
Table 4: Nexen Inc. , Gross Revenue ($thousand) by Fields, 2008-2012 17
Table 5: Nexen Inc. , Total Government Take ($thousand) by Fields, 2008-2012 19
Table 6: Nexen Inc. , Contractor Take ($thousand) by Fields, 2008-2012 21
Table 7: Nexen Inc., Fields under development 22
Table 8: Nexen Inc., Number of Exploration Blocks, by Country, 2000-2007 23
Table 9: Nexen Inc., Crude Oil Production (BBls), by Country, 2000-2007 24
Table 10: Nexen Inc., Natural Gas Production (MMcf), by Country, 2000-2007 25
Table 11: Nexen Inc., Crude Oil Production (BBls) By Fields in Louisiana, 2000-2007 26
Table 12: Nexen Inc., Crude Oil Production (BBls) By Fields in Montana, 2000-2007 27
Table 13: Nexen Inc., Crude Oil Production (BBls) By Fields in North Dakota, 2000-2007 27
Table 14: Nexen Inc., Crude Oil Production (BBls) By Fields in Alberta, 2000-2007 28
Table 15: Nexen Inc., Crude Oil Production (BBls) By Fields in Saskatchewan, 2000-2007 28
Table 16: Nexen Inc., Crude Oil Production (BBls) By Fields in Australia, 2000-2007 33
Table 17: Nexen Inc., Crude Oil Production (BBls) By Fields in United Kingdom, 2000-2007 34
Table 18: Nexen Inc., Crude Oil Production (BBls) By Fields in Yemen, 2000-2007 34
Table 19: Nexen Inc., Crude Oil Production (BBls) By Fields in Colombia, 2000-2007 34
Table 20: Nexen Inc., Crude Oil Production (BBls) By Fields in GOM - Continental Slope, 2000-2007 35
Table 21: Nexen Inc., Crude Oil Production (BBls) By Fields in GOM - Deep Water, 2000-2007 35
Table 22: Nexen Inc., Crude Oil Production (BBls) By Fields in GOM - Continental Shelf, 2000-2007 36
Table 23: Nexen Inc., Natural Gas Production (MMcf), By Fields in Louisiana, 2000-2007 36
Table 24: Nexen Inc., Natural Gas Production (MMcf), By Fields in Montana, 2000-2007 37
Table 25: Nexen Inc., Natural Gas Production (MMcf), By Fields in Saskatchewan, 2000-2007 37
Table 26: Nexen Inc., Natural Gas Production (MMcf), By Fields in GOM - Continental Slope, 2000-2007 44
Table 27: Nexen Inc., Natural Gas Production (MMcf), By Fields in GOM - Deep Water, 2000-2007 44
Table 28: Nexen Inc., Natural Gas Production (MMcf), By Fields in GOM - Continental Shelf, 2000-2007 45
Table 29: Nexen Inc, Crude Oil Pipelines, 2007 46
Table 30: Nexen Inc. Storage Capacity in Yemen (Thousand M3), 2000-2012 47
Table 31: Nexen Inc., SWOT Analysis , 2007 63
Table 32: Nexen Inc., Revenue by Segment, CAD Million, 2003-2007 69
Table 33: Nexen Inc., Revenue by Geography, CAD Million, 2003-2007 70
Table 34: Nexen Inc., Financial Statements, CAD Million, 2003-2007 71
Table 35: Nexen Inc., Financial Ratios, CAD Million, 2003-2007 72
Table 36: Nexen Inc. Operational Indicators, 2003-2007 73
Table 37: Nexen Inc. Operational Indicators, 2003-2007 73
Table 38: Nexen Inc., Share Holding Structure 74
Table 39: Nexen Inc., Key Employees, 2007 75
Table 40: Nexen Inc., Subsidiaries 80
Table 41: Brent Blend NYMEX Future Prices 119

1.2 List of Figures
Figure 1: Nexen Inc. , Crude Oil & Natural Gas Forecasts, 2000-2012 13
Figure 2: Nexen Inc. , Gross Revenue ($thousand) by Fields, 2008-2012 16
Figure 3: Nexen Inc. , Total Government Take ($thousand) by Fields, 2008-2012 18
Figure 4: Nexen Inc. , Contractor Take ($thousand) by Fields, 2008-2012 20
Figure 5: Nexen Inc., Number of Exploration Blocks, by Country, 2000-2007 22
Figure 6: Nexen Inc., Crude Oil Production (BBls), by Country, 2000-2007 24
Figure 7: Nexen Inc., Natural Gas Production (MMcf), by Country, 2000-2007 25
Figure 8: Nexen Inc., Value Chain Analysis 60
Figure 9: Global Markets Direct Methodology 115