Insight

Where next for deepwater projects?

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

Is deepwater back after nearly three years in the wilderness? A flurry of FIDs and commercial discoveries appears to be reviving a sector starved of new investment during the downturn. But has it really turned the corner? Deepwater project costs are over 20% lower than mid 2014 but for many this is still not enough. Far greater volumes of US tight oil breakeven at a lower price if compared on a like for like basis. However we see considerable scope for further cost cuts in deepwater while cost inflation in tight oil has returned with a vengeance. The playing field is about to get a lot more level and this will strengthen the deepwater value proposition.

What's included

This report contains

  • Document

    Where next for deepwater projects?

    PDF 386.02 KB

Table of contents

Tables and charts

This report includes 8 images and tables including:

Images

  • Where next for deepwater projects?: Image 3
  • Where next for deepwater projects?: Image 4
  • Pre-FID oil capex/breakevens by country
  • Where next for deepwater projects?: Image 6
  • Where next for deepwater projects?: Image 1
  • Where next for deepwater projects?: Image 2

Tables

  • Where next for deepwater projects?: Table 1
  • Project appendix: 45 pre-FID deepwater projects

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898