Company report
| |
0 Pages

Deepwater corporate benchmarking

Deepwater corporate benchmarking

Report summary

At an average spend intensity of US$14/boe, deepwater is one of the most capital intensive resource themes. But over the next ten years it delivers a production CAGR of 4%, exceeded only by tight oil (8%) and unconventional gas (6%). Returns for new deepwater projects average 17%, but excluding the pre-salt in Brazil the average falls to 14%. The sector continues to struggle to match onshore cost deflation, and project sanctions face technical and commercial challenges. Unproductive capital to first production (and cash flow) is high. But we believe new deepwater projects will remain an important contributor to the supply mix longer-term.

What's included?

This report includes 2 file(s)

  • Deepwater corporate benchmarking.xls XLS - 785.50 KB
  • Deepwater corporate benchmarking.pdf PDF - 1.09 MB


The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation all impact the production process.

This forces companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Company Benchmarking report provides a unique perspective on corporate positioning using our proprietary, forward-looking metrics on financial health, value, production, reserves and costs.

Widely used by both the energy and financial sectors, our report gives you a unique perspective on key strategic and financial challenges, as well as opportunities facing this oil and gas company.

Wood Mackenzie provides an independent evaluation and expert opinion on the operational performance, strategy and future of the world's top oil and gas companies. Our unique, objective analysis helps you understand, validate, compare and challenge market and corporate views so you can assess strategic opportunities.

  • Executive summary
    • The main deliverable for this report is a slide pack, which can be found in the DOWNLOADS section.
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...