Introduction
According to the International Energy Agency (IEA), at the end of 2008 the world’s total offshore crude oil reserves was 238bn barrels (approximately 18% of the total oil reserves), of which
deepwater oil reserves constituted 25bn barrels. Oil and gas production from deepwater fields started around 1995 and accelerated from 2000, as increasing oil prices made expensive offshore projects viable.
Features and benefits
* Achieve a comprehensive understanding of the global deepwater oil and gas industry including the drivers and resistors of deepwater operations.
* Assess the impact of the Deepwater
Horizon accident on BP, deepwater
operators, oil-field services companies and governments.
* Predict the implications of the response of
the US government on the deepwater oil
and gas industry in the US Gulf of Mexico and globally.
* Analyze the potential impact on
deepwater operators due to possible
changes in operational and regulatory
landscapes.
* Quantify global deepwater oil production
capacity, global deepwater oil and gas
exploration wells, and global and US Gulf of Mexico deepwater oil.
Highlights
According to the International Energy Agency
(IEA), at the end of 2008 the world’s total
offshore crude oil reserves was 238bn barrels
(approximately 18% of the total oil reserves), of which
deepwater oil reserves constituted 25bn barrels.
Oil and gas production from deepwater fields started around 1995 and accelerated from 2000, as increasing oil prices made expensive offshore projects economically viable.
The growth in deepwater oil and gas industry
has been led by the US GoM region due
to a favorable regulatory regime and a stable business
environment. According to Infield Systems, an energy
data provider, oil and gas producing fields in deepwater GoM rose from 32 in 2000 to 112 by 2007.
Your key questions answered
* What is the current status of the global
deepwater oil and gas industry?
* What are the main deepwater
regions and the most promising deepwater
regions globally?
* What are the key drivers and resistors of
deepwater oil and gas activities globally
today?
* Is the Deepwater Horizon accident a ‘game changer’
for the deepwater oil and gas
industry?
* What are the possible changes expected to occur in drilling technology, operations, and partner relationships?
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