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

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image

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