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Deepwater Activity Statistics - New Discoveries Worldwide Driving Deepwater E&P Activity and Demand for Semisubmersibles and Drillships - Product Image

Deepwater Activity Statistics - New Discoveries Worldwide Driving Deepwater E&P Activity and Demand for Semisubmersibles and Drillships

  • ID: 2330704
  • September 2012
  • Region: Global
  • 128 Pages
  • GBI Research

GBI Research, a leading business intelligence provider, has released its latest research, “Deepwater Activity Statistics - New Discoveries Worldwide Driving Deepwater E&P Activity and Demand for Semisubmersibles and Drillships”. The study, which is an offering from the company’s Energy Research Group, provides an in-depth coverage of deepwater activity statistics worldwide and also highlights the various concerns, key trends, along with information and data information on deepwater and ultradeepwater drilling spend in major deepwater regions worldwide.

The report details out the important qualitative inputs and analyses recent news and happenings involving and affecting the deepwater and ultra-deepwater exploration and production industry as well as the deepwater and ultra-deepwater rig construction industry. Key data statistics of deepwater projects worldwide such as individual project name, field name, water depth, and operator company name has been included, by individual deepwater region. The report provides inputs on the locations of deepwater and ultra-deepwater basins, by region.

Key deepwater information such as statistics on number of leases, READ MORE >

1 Table of Contents
1.1 List of Tables
1.2 List of Figures

2 Worldwide Deepwater Activity Statistics - Introduction

3 Deepwater Exploration and Production Industry - Key Trends and Challenges
3.1 Rise in Demand for Deepwater and Ultra-Deepwater Drilling is Expected to Increase Offshore Day Rates for Drillships and Semisubmersibles
3.2 Dearth of Qualified Marine Crew Operating in Deepwater US Gulf of Mexico (USGOM) is Posing Risk of Temporary Operational Slowdown in Deepwater Activity
3.3 Deepwater Discoveries in South China Sea are Expected to Attract Deepwater Project Collaborations by Major E&P Players with CNOOC Ltd. in the Near Future
3.4 Chinese Offshore Rig Construction Shipyards Possess Competitive Advantages over their Korean and Singaporean Competitors
3.5 East Africa is Expected to Emerge as a New Region with Deepwater Potential in the African Continent

4 Statistics of Deepwater Projects Worldwide - by Region
4.1 Statistics, Deepwater Projects - US Gulf of Mexico (USGOM)
4.2 Statistics, Deepwater Projects - Brazil
4.3 Statistics, Deepwater Projects - Angola
4.4 Statistics, Deepwater Projects - India
4.5 Statistics, Deepwater Projects - Australia
4.6 Statistics, Deepwater Projects - China
4.7 Statistics, Deepwater Projects - Norway

5 US Gulf of Mexico (USGOM) - Deepwater Exploration and Production Scenario
5.1 US Gulf of Mexico (USGOM) - Deepwater Activity Regions
5.2 US Gulf of Mexico (USGOM) - Key Deepwater Statistics and Information
5.2.1 US Gulf of Mexico (USGOM) - Sub-areas Planned for Exploration
5.2.2 US Gulf of Mexico (USGOM) - Deepwater Leases Activated, by Water Depth, 2000 - March 2012
5.2.3 US Gulf of Mexico - Deepwater Drilling Applications Approved, by Water Depth
5.2.4 US Gulf of Mexico (USGOM) - Deepwater Platforms Activated, by Water Depth
5.2.5 US Gulf of Mexico (USGOM) - Deepwater Wells Drilled, by Water Depth
5.2.6 US Gulf of Mexico (USGOM) - Deepwater Wells Producing, by Water Depth
5.2.7 US Gulf of Mexico (USGOM) - Totla Offshore Lease Area Issued (Acres)
5.2.8 US Gulf of Mexico (USGOM) Average High Bid Per Acre ($)
5.2.9 US Gulf of Mexico (USGOM) - Royalty Relief under the Outer Continental Shelf Deepwater Royalty Relief Act (OCS DWRRA)
5.2.10 US Gulf of Mexico (USGOM) - Maximum Number of Deepwater Rigs Operational in a Particular Year
5.2.11 US Gulf of Mexico (USGOM) - Key Statistics of Deepwater Discoveries (Fields), by Area
5.2.12 US Gulf of Mexico (USGOM) - Proved Deepwater Reserves, by Water Depth, 2009

6 Offshore Brazil - Deepwater Exploration and Production Scenario
6.1 Offshore Brazil - Deepwater Activity Regions
6.2 Offshore Brazil - Key Deepwater Statistics and Information
6.2.1 Offshore Brazil - Total Offshore Blocks Offered
6.2.2 Offshore Brazil - Deepwater Discoveries (Fields), by Individual Basin
6.2.3 Offshore Brazil - Total Deepwater Wells Drilled, 2000-2011
6.2.4 Offshore Brazil - Deepwater Drilling Expenditure ($bn), 2000-2011

7 Offshore Angola - Deepwater Exploration and Production Scenario
7.1 Offshore Angola - Deepwater Activity Regions
7.2 Offshore Angola - Key Deepwater Statistics and Information
7.2.1 Offshore Angola - Statistics of Deepwater Blocks
7.2.2 Offshore Angola - Statistics of Deepwater Wells, by Individual Deepwater Block
7.2.3 Offshore Angola - Deepwater Drilling Expenditure ($bn), 2000-2011
7.2.4 Offshore Angola - Top Lease Holders, Deepwater Blocks, 2011
7.2.5 Angola - Proved Crude Oil and Natural Gas Reserves

8 Offshore Norway - Deepwater Exploration and Production Scenario
8.1 Offshore Norway - Deepwater Activity Regions
8.2 Offshore Norway - Key Deepwater Statistics and Information
8.2.1 Offshore Norway - Number of Production Licenses Awarded, by Year, 2000-2012
8.2.2 Offshore Norway - Production Licenses (Blocks) Awarded, by Year
8.2.3 Offshore Norway - Deepwater Drilling Expenditure ($bn), 2000-2011
8.2.4 Offshore Norway - Total Recoverable Potential of Hydrocarbons, March 2012
8.2.5 Offshore Norway - Total Recoverable Potential of Hydrocarbons, by Major Regions, March 2012

9 Offshore India - Deepwater Exploration and Production Scenario
9.1 Offshore India - Deepwater Activity Regions
9.2 Offshore India - Key Deepwater Statistics and Information
9.2.1 Offshore India - Total Deepwater Blocks Offered Through Licensing Rounds
9.2.2 Offshore India - Total Deepwater Blocks Awarded Through Licensing Rounds
9.2.3 Offshore India - Statistics of Deepwater Blocks Awarded, by Licensing Round
9.2.4 Offshore India - Number of Deepwater Discoveries, by NELP Licensing Round
9.2.5 Offshore India - Deepwater Drilling Expenditure ($bn), 2000-2011

10 Offshore Australia - Deepwater Exploration and Production Scenario
10.1 Offshore Australia - Deepwater Activity Regions
10.2 Offshore Australia - Key Statistics and Information
10.2.1 Offshore Australia - Hydrocarbon Exploration Acreage Release, 2011
10.2.2 Offshore Australia - Status of Total Exploration Permits Offered, 2000-2010 (Excluding State Waters and Joint Petroleum Development Area - JPDA) by Area (km2) and Number of Permits
10.2.3 Offshore Australia - Number of Exploration Companies with Equities in Offshore Exploration Permits, 2000-2010 (Excludes State Waters and Joint Petroleum Development Area - JPDA)
10.2.4 Offshore Australia - Award of Offshore Exploration Permits, 2000-2010 (Includes Re-released Areas, Excludes State Waters and JPDA) and Bids Received for Offshore Release & Re-release Areas, 1985-2010 (Excludes State Waters and JPDA)
10.2.5 Offshore Australia - Deepwater Basins, by Region, Area, and Water Depth
10.2.6 Offshore Australia - Deepwater Drilling Expenditure ($bn), 2000-2011
10.2.7 Offshore Australia - Hydrocarbon Production, 2000-2010

11 Offshore China - Deepwater Exploration and Production Scenario
11.1 Offshore China - Deepwater Activity Regions
11.2 Offshore China - Key Deepwater Statistics and Information
11.2.1 Offshore China - Deepwater Acreage Offered in 2011, by Deepwater Block Name
11.2.2 Offshore China - Net Proven Crude and Liquids Reserves (Million Barrels), China National Offshore Oil Corporation Limited (CNOOC Ltd.), by Deepwater Region
11.2.3 Offshore China - Net Proven Natural Gas Reserves (bcf), China National Offshore Oil Corporation Limited (CNOOC Ltd.), by Deepwater Region
11.2.4 Offshore China - Total Proven Hydrocarbon Reserves, China National Offshore Oil Corporation Limited, by Offshore Region
11.2.5 Offshore China - Net Production of Crude Oil and Liquids, China National Offshore Oil Corporation Limited, by Offshore Region
11.2.6 Offshore China - Net Production of Natural Gas, China National Offshore Oil Corporation Limited, by Offshore Region
11.2.7 Offshore China - Total Production of Hydrocarbons, China National Offshore Oil Corporation Limited, by Offshore Region
11.2.8 Offshore China - Deepwater Drilling Expenditure ($bn), 2000-2011

12 Appendix
12.1 Abbreviations
12.2 Market Definitions
12.3 Methodology
12.3.1 Coverage
12.3.2 Secondary Research
12.3.3 Primary Research
12.3.4 Expert Panel Validation
12.4 References
12.5 Contact Us
12.6 Disclaimer

1.1 List of Tables

Table 1: Statistics, Deepwater Projects - US Gulf of Mexico (USGOM)
Table 2: Statistics, Deepwater Projects - Brazil
Table 3: Statistics, Deepwater Projects - Angola
Table 4: Statistics, Deepwater Projects - India
Table 5: Statistics, Deepwater Projects - Australia
Table 6: Statistics, Deepwater Projects - China
Table 7: Statistics, Deepwater Projects - Norway
Table 8: US Gulf of Mexico (USGOM) - Sub-areas Planned for Exploration
Table 9: US Gulf of Mexico (USGOM) - Deepwater Leases Activated, by Water Depth
Table 10: US Gulf of Mexico - Deepwater Drilling Applications Approved, by Water Depth, 2000-2012
Table 11: US Gulf of Mexico (USGOM) - Deepwater Platforms Activated, by Water Depth
Table 12: US Gulf of Mexico (USGOM) - Deepwater Wells Drilled, by Water Depth
Table 13: US Gulf of Mexico (USGOM) - Deepwater Wells Producing, by Water Depth
Table 14: US Gulf of Mexico (USGOM) - Lease Area Issued (Acres)
Table 15: US Gulf of Mexico (USGOM) Average High Bid Per Acre ($)
Table 16: US Gulf of Mexico (USGOM) - Royalty Suspension Volume, Barrels of Oil Equivalent (Boe), by Water Depth Range
Table 17: US Gulf of Mexico (USGOM) - Royalty Relief Under the Outer Continental Shelf Deepwater Royalty Relief Act (OCS DWRRA)
Table 18: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Alaminos Canyon
Table 19: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Atwater Valley
Table 20: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), De Soto Canyon
Table 21: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), East Breaks
Table 22: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Ewing Bank
Table 23: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Garden Banks
Table 24: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Green Canyon
Table 25: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Keathley Canyon
Table 26: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Lloyd Ridge
Table 27: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Mississippi Canyon
Table 28: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Port Isabel
Table 29: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Viosca Knoll
Table 30: US Gulf of Mexico (USGOM), Deepwater Discoveries (Fields), Walker Ridge
Table 31: US Gulf of Mexico (USGOM) - Proved Deepwater Reserves, by Water Depth, 2009
Table 32: Offshore Brazil - Total Offshore Blocks Offered, 1999-2011
Table 33: Offshore Brazil - Deepwater Discoveries (Fields), Santos Basin
Table 34: Offshore Brazil - Deepwater Discoveries (Fields), Campos Basin
Table 35: Offshore Brazil - Deepwater Discoveries (Fields), Espirito Santo Basin
Table 36: Offshore Brazil - Total Deepwater Wells Drilled, 2000-2011
Table 37: Offshore Brazil - Deepwater Drilling Expenditure ($bn), 2000-2011
Table 38: Offshore Angola - Statistics of Deepwater Blocks, 2012
Table 39: E&P Activity Angola - List of Wells Available (for Acquisition), Block 5, 2012
Table 40: E&P Activity Angola - List of Wells Available (for Acquisition), Block 14, 2012
Table 41: E&P Activity Angola - List of Wells Available (for Acquisition), Block 15, 2012
Table 42: E&P Activity Angola - List of Wells Available (for Acquisition), Block 16, 2012
Table 43: E&P Activity Angola - List of Wells Available (for Acquisition), Block 17, 2012
Table 44: E&P Activity Angola - List of Wells Available (for Acquisition), Block 18, 2012
Table 45: E&P Activity Angola - List of Wells Available (for Acquisition), Block 19, 2012
Table 46: E&P Activity Angola - List of Wells Available (for Acquisition), Block 20, 2012
Table 47: E&P Activity Angola - List of Wells Available (for Acquisition), Block 21, 2012
Table 48: E&P Activity Angola - List of Wells Available (for Acquisition), Block 31, 2012
Table 49: E&P Activity Angola - List of Wells Available (for Acquisition), Block 32, 2012
Table 50: E&P Activity Angola - List of Wells Available (for Acquisition), Block 33, 2012
Table 51: E&P Activity Angola - List of Wells Available (for Acquisition), Block 34,, 2012
Table 52: Offshore Angola, Deepwater Drilling Expenditure ($bn), 2000-2011
Table 53: Offshore Angola - Top Lease Holders, Deepwater Blocks, 2011
Table 54: Angola - Crude Oil Proved Reserves (Billion Barrels), 2000-2010
Table 55: Angola - Natural Gas Proved Reserves (Thousand Barrels per Day), 2002-2010
Table 56: Offshore Norway - Production Licenses Awarded, by Year, 2000-2012
Table 57: Offshore Norway, Production Licenses Awarded, 2000
Table 58: Offshore Norway, Production Licenses Awarded, 2001
Table 59: Offshore Norway, Production Licenses Awarded, 2002
Table 60: Offshore Norway, Production Licenses Awarded, 2003
Table 61: Offshore Norway, Production Licenses Awarded, 2004
Table 62: Offshore Norway, Production Licenses Awarded, 2005
Table 63: Offshore Norway, Production Licenses Awarded, 2006
Table 64: Offshore Norway, Production Licenses Awarded, 2007
Table 65: Offshore Norway, Production Licenses Awarded, 2008
Table 66: Offshore Norway, Production Licenses Awarded, 2009
Table 67: Offshore Norway, Production Licenses Awarded, 2010
Table 68: Offshore Norway, Production Licenses Awarded, 2011
Table 69: Offshore Norway, Production Licenses Awarded, 2012
Table 70: Offshore Norway - Deepwater Drilling Expenditure ($bn), 2000-2011
Table 71: Offshore Norway - Recoverable Potential from Estimated Reserves, Crude Oil (Million Cubic Meters)
Table 72: Offshore Norway - Recoverable Potential from Estimated Reserves, Natural Gas (Billion Cubic Meters)
Table 73: North Sea - Total Recoverable Potential, Crude Oil (Million Cubic Meters)
Table 74: North Sea - Total Recoverable Potential, Natural Gas (Billion Cubic Meters)
Table 75: Norwegian Sea - Total Recoverable Potential, Crude Oil (Million Cubic Meters)
Table 76: Norwegian Sea - Total Recoverable Potential, Natural Gas (Billion Cubic Meters)
Table 77: Barents Sea - Total Recoverable Potential, Crude Oil (Million Cubic Meters)
Table 78: Barents Sea - Total Recoverable Potential, Natural Gas (Billion Cubic Meters)
Table 79: Offshore India - Total Deepwater Blocks Awarded Through Licensing Rounds
Table 80: Offshore India - Total Deepwater Blocks Awarded Through Licensing Rounds
Table 81: Offshore India - Deepwater Blocks Awarded Through NELP-I, 1999, by Block Name
Table 82: Offshore India - Deepwater Blocks Awarded Through NELP-II, 2001, by Block Name
Table 83: Offshore India - Deepwater Blocks Awarded Through NELP-III, 2002, by Block Name
Table 84: Offshore India - Deepwater Blocks Awarded Through NELP-IV, 2003, by Block Name
Table 85: Offshore India - Deepwater Blocks Awarded Through NELP-V, 2005, by Block Name
Table 86: Offshore India - Deepwater Blocks Awarded Through NELP-VI, 2007, by Block Name
Table 87: Offshore India - Deepwater Blocks Awarded Through NELP-VII, 2008, by Block Name
Table 88: Offshore India - Deepwater Blocks Awarded Through NELP-IV, 2003, by Block Name
Table 89: Offshore India - Number of Deepwater Discoveries, by NELP Licensing Round
Table 90: Offshore India - Deepwater Drilling Expenditure ($bn), 2000-2011
Table 91: Offshore Australia - Hydrocarbon Exploration Acreage Release, 2011
Table 92: Offshore Australia - Status of Total Exploration Permits Offered, 2000-2010 (Excluding State Waters and Joint Petroleum Development Area - JPDA) by Area (km2) and Number of Permits
Table 93: Offshore Australia - Number of Exploration Companies with Equities in Offshore Exploration Permits, 2000-2010 (excludes State Waters and Joint Petroleum Development Area - JPDA)
Table 94: Offshore Australia - Award of Offshore Exploration Permits, 2000-2010 (Includes Re-released Areas, Excludes State Waters and JPDA) and Bids Received for Offshore Release & Re-release Areas, 1985-2010 (Excludes State Waters and JPDA)
Table 95: Offshore Australia - Deepwater Basins, Offshore Eastern Australia
Table 96: Offshore Australia - Deepwater Basins, Offshore Northwest Australia
Table 97: Offshore Australia - Deepwater Basins, Offshore Southern Australia
Table 98: Offshore Australia - Deepwater Basins, Offshore Southwest Australia
Table 99: Offshore Australia - Deepwater Drilling Expenditure ($bn), 2000-2011
Table 100: Offshore Australia - Crude Oil Production (MMbbl), 2001-2010
Table 101: Offshore Australia - Natural Gas Production (bcf) by Offshore Basin, 2001-2010
Table 102: Offshore China - Deepwater Acreage Offered in 2011, by Deepwater Block Name
Table 103: Offshore China - Net Proven Crude and Liquids Reserves (Million Barrels), China National Offshore Oil Corporation Limited (CNOOC Ltd.), by Deepwater Region, 2007- 2011
Table 104: Offshore China - Net Proven Natural Gas Reserves (bcf), China National Offshore Oil Corporation Limited (CNOOC Ltd.), by Deepwater Region, 2007- 2011
Table 105: Offshore China - Total Net Proven Hydrocarbon Reserves (boe), China National Offshore Oil Corporation Limited, by Deepwater Region, 2007- 2011
Table 106: Offshore China - Net Production of Crude Oil and Liquids (Barrels/Day), China National Offshore Oil Corporation Limited (CNOOC Ltd.), by Deepwater Region, 2007- 2011
Table 107: Offshore China - Net Production of Natural Gas, China National Offshore Oil Corporation Limited, by Deepwater Region, 2007- 2011
Table 108: Offshore China - Total Production of Hydrocarbons, China National Offshore Oil Corporation Limited, by Deepwater Region, 2007- 2011
Table 109: Offshore China - Deepwater Drilling Expenditure ($bn), 2000-2011
Table 110: Abbreviations

1.2 List of Figures

Figure 1: Offshore Brazil - Deepwater Drilling Expenditure ($bn), 2000-2011
Figure 2: Offshore Angola, Deepwater Drilling Expenditure ($bn), 2000-2011
Figure 3: Offshore Norway - Deepwater Drilling Expenditure ($bn), 2000-2011
Figure 4: Offshore India - Deepwater Drilling Expenditure ($bn), 2000-2011
Figure 5: Offshore Australia - Deepwater Drilling Expenditure ($bn), 2000-2011
Figure 6: Offshore China - Deepwater Drilling Expenditure ($bn), 2000-2011

Drilling Giants Sink to New Depths as Offshore Exploration Evolves

Depleting shallow water reserves and a lack of new shallow water discoveries means that offshore exploration and production activity in deepwater regions is becoming a new fashion, states a new report by energy experts GBI Research.

The new report* states that the search for hydrocarbons in more challenging areas has been on the rise, as advances in drilling technologies have led to the discovery of giant deepwater oil and natural gas fields worldwide, prompting ambitious International Oil Companies (IOCs) and National Oil Companies (NOCs) drill in remote offshore areas in search of fresh fossil fuel reserves.

Until the early 1990s, offshore exploration and drilling in deepwater areas was considered an economically unattractive option, as it is more expensive, more challenging, and more risky than shallow water offshore drilling. However, with the near-complete exploitation of shallow water and onshore resources, and recent advances in drilling technology, such exploration is now feasible and profitable. Offshore rigs such as advanced semisubmersibles are capable of drilling in water depths exceeding 5000 feet, and some sixth generation enterprise-class drillships even possess water depth capabilities of up to 12,000 feet. This has led to a significant rise in deepwater and ultra-deepwater Exploration and Production (E&P) activity across the globe, and governments worldwide are promoting the industry in hopes of achieving energy self-reliance.

Deepwater Brazil, offshore West Africa, offshore Angola, offshore Australia, the Krishna Godavari deepwater basin of the eastern coast of India, and the US Gulf of Mexico are all proving to be hotbeds in terms of deepwater offshore drilling activity and expenditure. There have also been deepwater discoveries in various regions of Australia and China. Sub-salt reserves of petroleum, found thousands of meters below layers of sand, rocks and salt, have transformed Brazil into one of the highest potential investment acreages on the globe. Tupi Field is the largest discovery in the Americas since 1970, extending from the State of Espírito Santo to the State of Santa with estimated recoverable reserves of 5-8 billion barrels, and singlehandedly increasing Brazil’s recoverable reserves of crude oil by 50%.

As a result, deepwater activity is expected to grow substantially during the next few years, and is likely to witness aggressive steps by E&P companies. As oil and gas E&P activity moves into deeper water depths, the market for the services of deepwater drilling contractors and offshore rigs operating in deepwater and ultra-deepwater environments will witness strong growth. Offshore day rates for drillships and semisubmersibles are already steadily rising, and this in turn will drive the construction industry for offshore drilling technologies.

*Deepwater Activity Statistics - New Discoveries Worldwide Driving Deepwater E&P Activity and Demand for Semisubmersibles and Drillships

The report provides an in-depth coverage of deepwater activity statistics worldwide and also highlights the various concerns, key trends, along with information and data information on deepwater and ultra-deepwater drilling spend in major deepwater regions worldwide.

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