Insight
Global deepwater: the state of the industry
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
Commodity Market Report
Global Iron Ore Strategic Planning Outlook – Q2 2023
Iron ore price downward trajectory as Chinese demand structurally declines
$10,000
Asset Report
Exploration trends - benchmarking by basin
Analysis of key full-cycle conventional exploration metrics across 500+ basins over 2013-2022.
$11,000
Commodity Market Report
Global cobalt short-term outlook November 2023
Cobalt prices lost recent gains amid weak battery demand and souring sentiment
$5,000
