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Pioneer Petroleum Case Analysis

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Chesapeake Energy

T E A M - C
Members:
Misti Smith
Kyle Thompson
Daniel Ogeto

Harding University
Spring 2013

TEAM C:

The team assignments for our research paper are as follows:
Week 2 - Outsourcing – Daniel Ogeto
Week 3 - Overview of the Oil and Gas Industry – Daniel Ogeto
Week 4 - Chesapeake Energy & its four affiliates - Kyle Thompson
Week 5 - Chesapeake Company Operations - Misti Smith
Week 6 - Chesapeake Company Future - Daniel Ogeto

Abstract
Chesapeake Energy is headquartered in Oklahoma City, Oklahoma. This independent company is involved in oil and natural gas exploration and production. The company’s operations, shares and debt; affiliations, outsourcing and future will be discussed in this paper. The oil and gas industry overview will also be covered.

CONTENTS 1. Overview of the Oil and Gas Industry ------------------------Page 4 – 21 2. Chesapeake Company Operations ----------------------------Page 21-27 3. Chesapeake & Affiliates ----------------------------------------- Page 28-32 4. Outsourcing -------------------------------------------------------- Page 32-37 5. Chesapeake’s Future --------------------------------------------- Page 37-42

References ---------------------------------------------------------- Page 43-44

OVERVIEW OF THE OIL AND GAS INDUSTRY

Companies in this industry develop and operate fields to extract crude oil and natural gas. Major players include Apache, Conoco Phillips, and Exxon Mobile (all based in the US), as well as BP (the UK), and Tatneft (Russia), National Iranian Oil Company, PETROBRAS (Brazil), Royal Dutch Shell (the Netherlands), and Saudi Aramco (Saudi Arabia). The global oil and gas exploration and production industry produces about 75 million barrels of oil per day and more than 100,000 billion cubic feet (Bcf) of natural gas annually. The largest...

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