Company Report
Deepwater corporate benchmarking
This report is currently unavailable
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.
Table of contents
-
Executive summary
- The main deliverable for this report is a slide pack, which can be found in the DOWNLOADS section.
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Corporate CCUS benchmarking 2024
Which oil and gas companies are embracing CCUS as part of their energy transition strategy?
$1,350
Insight
US upstream in brief: Equinor sheds last operated Lower 48 asset in EQT swap
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Insight
Benchmarking the Middle East NOCs against the Supermajors
Benchmarking ADNOC, QatarEnergy and Saudi Aramco against the Supermajors in upstream, downstream, CCUS, hydrogen and renewables
$1,350
