Provides details about our range of products and services including: consulting services, market intelligence services, market forecast reports, oil and gas maps and mapping packages and data subscriptions.
InfieldLive hosts all of the information which supports your Offshore Energy Database data subscriptions. Login to run online searches, export results and download the entire data set to use offline.
InfieldRigs online service tracks the global offshore jackup, drillship, semisub and tender rig fleets, providing: dayrates, contract information, regional utilisation and detailed information about each drilling unit.
InfieldMaps online interactive mapping system offers optional layers, both geographic and infrastructure specific and allows the user to interrogate these layers to create custom maps of offshore field developments globally.
Model which assesses the breakeven economics of future offshore oil and gas fields/developments. Oil price and discount rate sensitive. Useful for: ranking project viability, decommissioning overviews, infrastructure EPIC Capex overview.
Infield Reports provides an easily accessible sector-specific overview, highlighting key themes, regional capex trends and companies active within the market over a ten year historical and forecast timeframe.
Online business intelligence dashboard which increases the analytical value of our reports and trackers by delivering them via an interactive system that dynamically updates its views based on user choices.
Offshore Arctic Oil and Gas Market Report to 2018 is the
new market report from Infield Systems covering the important offshore Arctic
oil and gas sector. The Offshore Arctic Oil and Gas Market Report to 2018
provides an in-depth analysis of: the market drivers and constraints, the
specific environmental considerations, the technologies required, as well
as the drilling rig and vessel - including ice class vessel - requirements
within the challenging Arctic region. Infield Systems' Offshore Arctic Oil and
Gas Market Report also provides a detailed forecast, by sector, of expected
capital expenditure in the offshore Arctic region going forwards to 2018.
Download Arctic Brochure & List of Contents
Infield Systems' new Offshore Arctic Oil and Gas Market Report To 2018 provides essential research and analysis on current and future offshore oil and gas developments within the Arctic Circle and in the three major "sub-Arctic" areas: Sakhalin Island offshore Far East Russia, the Jeanne D'Arc Basin offshore Eastern Canada (Newfoundland and Labrador), and the Cook Inlet in Alaska. The report provides a comprehensive analysis of the key market drivers, technological requirements, and environmental challenges facing the region up to 2018. It also includes detailed sector-by-sector forecasts covering all aspects of the offshore Arctic market from fixed platforms to 'Ice-Class' vessels.
Whilst Arctic waters are extremely rich in reserves, those resources are not distributed evenly. Infield Systems' estimates suggest that more than 116Bboe is natural gas, whilst only 17Bboe is oil. Of the region's vast gas reserves, as much as 95Bboe, or 82%, is located in Russia's high-Arctic (excluding Sakhalin Island). The potential of the offshore Arctic is, therefore, substantial. However, bringing the region's resources to production has historically been a real challenge. According to Infield Systems' data, just 33 of the 174 discovered fields have been successfully developed, representing just a tiny fraction of the region's resource potential. Those fields have also taken many years to bring to production. The average field development lag (the number of years between field discovery year and on-stream year) for the Arctic region is in excess of 13 years, the second longest in the world .
Of the region's remaining undeveloped fields, many face a highly uncertain future. Infield Systems has identified 38 fields with production potential between 2012 and 2018, however, just seven are currently under development or have a 'firm plan.' This is not just because of the obvious engineering challenges posed by intense cold, ice, remoteness, and even seismic activity. It is also due to more stringent operational and environmental regulations implemented by many governments in the wake of the Deepwater Horizon disaster. New 'best-practice' obligations, such as, same season relief well capability and enhanced oil spill contingencies have substantially increased costs and logistical hurdles. Finally, and perhaps most importantly, offshore Arctic projects face increasing competition from shale gas and tight oil plays, which often represent more attractive economics. This is not just affecting North America's Arctic developments; Gazprom's flagship Shtokman Phase One project was kicked into the long grass in August 2012, largely because it could no longer find markets for its LNG in the gas-glutted USA.
Infield Systems anticipates that offshore Arctic Capex will rise fairly steadily until 2018, although the suspension of Shtokman Phase One now means that spending in the middle of the forecast period is much lower than previously expected. Norway will command around 34% of the total offshore spend. The majority of that will come in the latter half of the forecast period on the back of the Eni-operated Goliat project as well as the development of Statoil's Askeladden, Skrugard, and Havis fields.
Next in terms of Capex, with 22% of the total, is Canada's sub-Arctic (Newfoundland and Labrador). Here Infield Systems anticipates the integration of satellite developments at Hibernia and White Rose, as well as first oil from the Hebron/Ben Nevis development.
Fields surrounding Russia's Sakhalin Island are expected to draw around 20% of total Capex. This will initially be focused on Kirinskoye (Sakhalin Three) and Arkutun Dagi (Sakhalin One), both of which are currently under development. North Chayvo (Sakhalin One) and Kirinskoye South (Sakhalin Three) should follow in 2015 and 2018 respectively. Meanwhile, approximately 18% of total Capex will be directed towards Russia's high-Arctic where the flagship Prirazlomnoye oil development and the Obskoye gas field will be brought to production.
Infield Systems anticipates that more than half of total Arctic Capex between 2012 and 2018 will be directed towards pipelines, reflecting the physical isolation of many projects in the region and the number of developments in the relatively deep waters of the Norwegian Barents Sea. Platforms will account for a further 31% of spend, with approximately 75% of this going towards fixed units.
Purchasers of the Offshore Arctic Oil & Gas Market Report will receive 12 months’ free access to an online database of fields being planned or considered for development in the current year and six years forward for projects within the Arctic circle.
Details about each project include:
InfieldLive provides access to the previous day’s updates. Subscriptions can be upgraded to include other regions, time frames and other data sets from the Infield Offshore Energy Database or to include access to the Arctic Frontiers Online Mapping & Data Gateway.
The Arctic Frontiers Oil & Gas Online Data & Mapping Gateway is designed to give visual and full data access to the challenging Arctic region of the offshore oil and gas industry. Full details about each field, platform and pipeline shown on the map is listed behind each symbol and can be searched, downloaded or exported from the EnergyGateway or through Infield Systems’ data portal, InfieldLive.
Costs for 12 months subscription to this complete Arctic Frontiers package are as follows:
Purchasers of the Offshore Arctic Oil & Gas Market Report can upgrade their online access to include the Arctic Frontiers Mapping & Data Gateway.
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 Terms & Conditions.
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