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Market for Services of Deepwater Drilling Contractors to Grow Strongly, Expects GBI Research

17 Jan 2013 • by Natalie Aster

Advancements in deep sea drilling and exploration technologies in the last few years have led to some very promising deepwater hydrocarbon discoveries worldwide. For example, in Brazil the Tupi Field, which was discovered in 2007 was the largest discovery in the Americas since 1970. It has estimated recoverable reserves of 5-8 billion barrels and this discovery increased Brazil's recoverable crude oil reserves by 50%. Meanwhile, in South-East Asia, upcoming countries in terms of offshore exploration and production activity such as Vietnam now have financially attractive investment policies and their oil and gas markets are being opened up to IOCs. Recently the Chim Sao project in offshore Vietnam successfully yielded commercial oil production levels. As exploration and production activity moves into deeper water depths, the market for the services of deepwater drilling contractors, especially major and technically strong companies, is predicted to grow strongly.

New report, "Deepwater Activity Statistics - New Discoveries Worldwide Driving Deepwater E&P Activity and Demand for Semisubmersibles and Drillships" by GBI Research provides in-depth coverage of deepwater activity statistics worldwide and also highlights the various concerns and key trends, with data on deepwater and ultra-deepwater drilling spend in the major regions of the world. The report provides details about the important qualitative inputs and analyses recent news affecting the deepwater and ultra-deepwater exploration, production and rig construction industry. Key data statistics about deepwater projects worldwide such as individual project name, field name, water depth, and operator company name are included by individual deepwater region. The report also provides inputs on the locations of deepwater and ultra-deepwater basins by region, key information such as statistics on the number of leases, exploration areas and drilling expenditure. Statistics and numbers about deepwater blocks and deepwater licenses, and information on deepwater reserves and acreage are also included.

Report Details:

Deepwater Activity Statistics - New Discoveries Worldwide Driving Deepwater E&P Activity and Demand for Semisubmersibles and Drillships
Published: September, 2012
Pages: 128
Price: US$ 3,500.00

More information can be found in the report “Deepwater Activity Statistics - New Discoveries Worldwide Driving Deepwater E&P Activity and Demand for Semisubmersibles and Drillships” by GBI Research.

To order the report or ask for sample pages contact [email protected]

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