Insight
Global deepwater: the state of the industry
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In 2019, deepwater production passed the 10 million boe/d mark. Deepwater has become a core resource theme for the Majors and Petrobras. Brazil and Petrobras lead the industry from a reserves and production basis. For the Majors, it provides high-margin cash flow. Shell's enormous deepwater asset base with leading production and cash flow stands out. Globally, deepwater production has grown from below 300 kboe/d in 1990, to 10.3 million boe/d in 2019 – a 13% growth rate. Output should reach 14.5 million boe/d by 2025.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Global exploration trends 2025
Analysis of high-level trends in global conventional exploration over 2015-2024, including spend, volumes discovered and value creation.
$11,000
Insight
Lithium’s US$2 Billion Question: How Bolivia's election could determine the fate of its vast lithium resource
Bolivia's lithium future is at the crossroads as the Oct 19 runoff between two candidates supporting lithium development approaches.
$1,050
Insight
Landscape remolded: DRC’s cobalt export quota plan officially released
DRC announces allocation plan for cobalt export quotas in 2025 Q4
$1,050
