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Q1 2013 EARNINGS CALL – BG Group

BG Group · May 2, 2013 · 10 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q1 2013 EARNINGS CALL – BG Group – slide 1
    Q1 2013 Results Presentation Margarita gas processing plant 1 Bolivia
  2. Q1 2013 EARNINGS CALL – BG Group – slide 2
    Financial highlights: Q1 2013 Q1 Q1 YOY 2013 2012 Total operating profit 2 147m 2 260m -5% Upstream 1 431m 1 542m -7% LNG Shipping & Marketing 742m 720m +3% Earnings 1 183m 1 225m -3% Capital investment on a cash basis*…
  3. Q1 2013 EARNINGS CALL – BG Group – slide 3
    2013 production outlook Quarterly milestones Q1 Q1 milestones delivered Brazil FPSO 2 onstream Everest East expansion onstream First 2 of 7 2013 projects onstream Elgin/Franklin production restart Elgin/Franklin restarted Q2…
  4. Q1 2013 EARNINGS CALL – BG Group – slide 4
    QCLNG update QCLNG terminal, Curtis Island Australia
  5. Q1 2013 EARNINGS CALL – BG Group – slide 5
    QCLNG progress Narrows crossing pipe-pull safely completed All 62 modules required for Train 1 and common facilities delivered Q1 drilling slightly behind due to adverse weather Already caught up in April with a record 73 wells…
  6. Q1 2013 EARNINGS CALL – BG Group – slide 6
    QCLNG on-track for 2014 LNG sales 2013 2014 Q1 Q2 Q3 Q4 H1 H2 Wells: 1290 1450 1600 1750 2000 wells Q1: 1286 Upstream First major water facility (Kenya) Central processing plant (Ruby) Six Field Compressor Stations (for…
  7. Q1 2013 EARNINGS CALL – BG Group – slide 7
    Brazil update Brazil update FPSO 2 Cidade de So FPSO 2 & Paulo 3, nowdeparture on location Brazil Santos Basin, Brazil
  8. Q1 2013 EARNINGS CALL – BG Group – slide 8
    Brazil progress Start-up on Sapinho field on schedule and budget FPSO 2 producing ca 25 000 boed FPSO 1 and 2 production ca 140 000 boed during April FPSO 3 on Lula: on schedule for Q2 start up FPSOs 4 and 5 around 60% complete,…
  9. Q1 2013 EARNINGS CALL – BG Group – slide 9
    Tanzania progress Block 4 Seven discoveries: 10 tcf gross Chewa resources Pweza Recent DSTs better than expected Papa Jodari - excellent Tertiary reservoir Block 3 Mzia - good Cretaceous reservoir Block 2 Zafarani Currently…
  10. Q1 2013 EARNINGS CALL – BG Group – slide 10
    Summary Good start to the year Q1 results in line with 2013 expectations and guidance Delivered Q1 milestones De-risking future 2013 milestones Continuing E&A programme in Tanzania Strategy presentation 14 May 11

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