Infield Systems provides: data, forecast reports, mapping, business advisory, transaction
support and commercial due diligence products and services to the offshore oil,
gas, renewable energy and associated marine industries.
The Deepwater and Ultra-deepwater Market Report is devoted to the global deepwater oil and gas market and provides a comprehensive forecast and analysis of investment from operators in the deepwater and ultra-deepwater oil and gas growth area for the industry, as well as of trends impacting the global deepwater and ultra-deepwater sector. In doing so, the Deepwater and Ultra-deepwater Market Report includes detailed forecasts of capital expenditure on the oil and gas platform, subsea, pipeline and control line markets, and analyses the policy and market conditions impacting deepwater exploration and development.
The 2012 edition of the Deepwater and Ultra-deepwater Market Report is the eighth edition of the report published by Infield Systems.
Download report brochure and list of contents
Infield Systems is offering a 20% prepublication discount for the 2013 edition of this report for the month of May 2013 only. Please see below for details. Discounts will be applied by Infield Systems after order.
As the key growth market within the offshore oil and gas sector and the most capital intensive area for development, the emerging trends within the deep and ultra-deepwater sector reflect the dynamic state of the industry and the level of operator optimism going forwards. With advances in exploration and production technologies combined with a growing geological understanding of deepwater plays, International Oil Companies (IOCs), Independents and National Oil Companies (NOCs) are all looking ahead to an increasing number of prospects within the deepwater market, in both established areas of deepwater development, and in areas previously deemed to be of marginal value. In addition to the environmental and geological challenges of deepwater production, with rising resource nationalism and increasing NOC involvement, geopolitics is set to continue to model the future of deepwater activities going forwards to 2016.
Brazilian giant Petrobras is expected to continue its dominance of the deepwater sector with its projected share of expenditure to 2016 forecast to reach 26% of the total global Capex expenditure. The operator's deepwater spend will predominately centre upon pre-salt assets within the Santos Basin. Expenditure is also expected to remain high for Supermajors: Chevron, Total, Shell, BP and ExxonMobil. The combined investment by the Supermajors and Petrobras is expected to reach 65% of the global deepwater Capex expenditure over the course of the forecast timeframe.
Independent operators, such as, Anadarko, Noble Energy, Hess and Tullow are also expected to substantially increase their proportion of capital expenditure within the deepwater market over the forthcoming five years. For Anadarko, the rise in investment is particularly significant, with key projects including the Gulf of Mexico's Lucius project, and exciting new projects offshore Africa.
From a regional perspective, the share of reserves coming on-stream is expected to be highest from the Latin American region – forecast to be 39% of total global reserve additions during the 2012 to 2016 period, with over 60% of such reserves anticipated to be located in Brazil's pre-salt basins. However, the largest deepwater field development expected on-stream during the period is located offshore Australasia at a depth of 1,300 metres, the ExxonMobil-Chevron joint development at Jansz (Greater Gorgon) prospect, is expected to commence production in 2014 with reserves totalling some 2,800mmbble. Offshore Africa, Infield Systems anticipates strong deepwater investment to continue, with the region holding an equal global deepwater Capex share to that of Latin America at 30% across the 2012-2016 timeframe. Comparatively, North America's Capex share of the market is expected to stand at 21%, followed by Europe and Asia.
Infield Systems expects the largest proportion of deepwater investment to be directed towards pipeline installations; comprising 39% of total global deepwater expenditure. Latin America and Africa are expected to account for the greatest proportion of deepwater pipeline spend; whilst the single most capital intensive pipeline project is anticipated to be the Gazprom South Stream development at a water depth up to 2,200 metres, a project approved by Russia in December 2011. Deepwater Subsea expenditure is also expected to remain high with projects offshore West Africa forecast to comprise the largest share of Subsea demand over the period.
Prices for the Deep & Ultra-deepwater Market Report To 2016 range from £2,200 for a single printed or single user electronic copy. In addition to the report, an online database of fields in water depths of ≥ 500 metres being planned, or considered for development, over the next five years is also provided. This Deepwater Online (Essentials) database can be upgraded to the full version of Deepwater Online, or to include other services, such as, Subsea Online, Infield Systems' supply chain contracts database or other data sets from the Infield Offshore Energy Database.
Purchasers of the Global Perspectives Deep & Ultra-deepwater Market Report To 2016 receive 12 months access to a database of fields in water depths of 500 metres and greater, being planned, or considered for development, in the current year and four years forward, worldwide. Deepwater Online (Essentials) is continually updated with the following information provided about each project:
The Deepwater Online (Essentials) access can be upgraded to Deepwater Online (Standard) or Deepwater Online (Professional), or to include either of the two Subsea Online packages: Standard or Professional. Prices for upgrades are detailed below.
Data sets can also be customised by including other field types or data sets from the Infield Offshore Energy Database, including: floating production systems, fixed platforms, subsea completions, pipelines, control lines, offshore loading, supply chain contracts, vessels, drilling rigs and onshore terminals or LNG and GTL plants and facilities. For customised data sets please contact firstname.lastname@example.org to discuss your specific requirements and to obtain a quotation.
Deepwater Online (Standard) identifies all fields in water depths of 300 metres and greater, which are currently producing, or being planned or considered for development, from the current year onwards, worldwide.
Deepwater Online (Professional) includes all fields within the Deepwater Online (Standard) data set, but also identifies the ownership (companies and percentage holdings) for each deepwater field. The ownership information is presented as a text column within the fields information for easy review and as a separate data set, with each percentage holding listed separately for detailed analysis.
Subsea Online (Standard) identifies all fields which are going to be developed with one or more subsea wells in the current year and four years forward, worldwide.
Subsea Online (Professional) identifies all fields, operational and future, which have been, or are going to be, developed with one or more subsea completions.
Infield Systems is offering a 20% prepublication discount for the 2013 edition of this report for the month of May 2013 only.
All purchasers will receive the following package for single user and corporate user licences:
For reports single user licence reports supplied electronically, the file is restricted to a single user at a single site with a single print to hard copy. Additional single user copies may be purchased for use within a single organisation.
Infield Systems uses the LockLizard system to control the distribution and copyright of reports supplied as single user licence and you must be able to install Lock Lizard viewer and the Lock Lizard licence file which requires administrator rights. If you are not able, or permitted, to install the viewer or licence file then please contact Infield Systems.
By purchasing this document, your organisation agrees that it will not copy or allow to be copied in part or whole or otherwise circulated in any form any of the contents without prior written and specific permission from Infield Systems Limited. Our standard terms and conditions are available either upon request or at Infield.
Upgrade my Deepwater online access to Deepwater Online (Standard)
Upgrade my Deepwater online access to Deepwater Online (Professional)
The 20% discount will be applied once the order has been submitted to Infield Systems. The discount will end midnight (GMT) on 31 May 2013.
This qualifies for a corporate licence
Add Deepwater Online
Back to Top
© Infield Systems Ltd 2013 |
Site Terms of Service |