The report analyses the regional offshore drilling market in the Asia-Pacific region providing historic drilling and spending trends in the period 2005 to 2009 and forecast trends over the period 2010 to 2014. The report discusses key drilling events in each country of the region including a synthesis of shallow versus deep water spending and exploratory versus development spending.
Scope
- Insight on the drilling services market and its evolution in the current market environment from both an operational and expenditure perspective.
- Forecasts of the number of wells to be drilled and the likely level of expenditure required to fulfil predicted levels of activity
- An overview of drilling equipment and processes and a description of how the associated technologies are costed and allocated to various well types.
- Analysis of individual offshore areas and their role in the future growth of the drilling sector and rig market.
Highlights of this title
'Approximately $88 billion was spent over the last five years on offshore drilling in Asia-Pacific. Spending surged in 2006 and this continued into 2007. Spending then declined in 2008 and sharply declined in 2009. The forecast is for slow growth through to 2013, finally reaching $108 billion over the five-year period. '
Key reasons to purchase this title
- Develop a drilling investment strategy targeted around Exploration and Production hotspots.
- Evaluate likely technology driven growth opportunities created by the medium term evolution of the drilling sector.
- Analyse how drilling spending patterns will vary between different technology sectors and geographies over a five-year forecast period.
