Home > Market Research > Oil & Gas > The World Offshore Oil & Gas Production & Spend Forecast 2009-2013

Table of Contents

Market Study
Published: August 2009
Pages: 247
Tables: For full details, please email keithw@cmsinfo.com
From: GBP 3250.00   Buy Now!
Research from: Douglas-Westwood
Sector: Oil & Gas

The World Offshore Oil and Gas Forecast is a unique, wide-ranging and comprehensive study of the long term future for the global offshore oil and gas industry. This new study presents a detailed analysis of production capacity for every existing and potential offshore producing area in the world for each year through to 2013.

It combines primary data with a practical approach to the commercial realities in each region thus providing the only complete, long term outlook for offshore activity currently available. It is an invaluable business planning tool for gauging the future investment potential of individual countries and regions, and for helping producers and suppliers develop strategies for the future.

Production Forecasts
Offshore oil & gas fields are distributed across the world but just three regions - the North Sea, Gulf of Mexico and South China Sea - attract over 50% of spending. Yet relative shares are changing, with growth forecast everywhere except Western Europe. The report is unique in providing forecasts of annual oil and gas production additions for each offshore region. It quantifies oil and gas developments throughout the world, including the major new and expanding areas such as in the Caspian Sea, the Persian Gulf and Sakhalin Island.

Deep Water Production & Spend
The World Offshore Oil and Gas Forecast identifies the scale of opportunity and future potential for all offshore areas and subdivides these into shallow and deep waters. The huge transfer of expenditure from the traditional shallow water areas of the North Sea and Gulf of Mexico to the deepwaters of Brazil, the Gulf of Mexico, West Africa and elsewhere is clearly signposted.

Expenditure Forecasts
The World Offshore Oil and Gas Forecast is the definitive study of the global offshore oil and gas market, unfolding the long term future in comprehensive detail. Capital and operational expenditure levels are charted & tabulated by region.

Dr. Michael R Smith
With a long career in the international oil gas industry the author has been responsible for exploration and new venture management across the world.  He is an acknowledged authority on global oil and gas production and future prospects.

Dr Smith’s other reports in the Douglas-Westwood ‘World’ series include ‘The World Oil Supply Report’, ‘The World Gas Supply Report’ and ‘The World Offshore Drilling Report’. All forecasts are derived from the Energyfiles database.

The definitive offshore report The World Offshore Oil and Gas Production and Spend Forecast 2009-2013 is a unique, wide-ranging and comprehensive study of the long term future for the global offshore oil and gas industry. This fully updated study presents a detailed analysis of oil and gas production and spending in every existing and potential offshore producing region in the world for each year through to 2013.   The report combines analysis of primary data with a practical evaluation of the commercial realities of each region, to generate the only comprehensive, five-year outlook for offshore production and activity available anywhere. It is an invaluable business planning tool for gauging future offshore investment potential in individual countries and regions, and for helping producers and service suppliers write policies, develop strategic investment plans and set project priorities. Production forecasts Three regions - the North Sea, the Gulf of Mexico and the South China Sea - were attracting the bulk of spending until deep waters began to be seriously developed after the turn of the millennium. Now there is steady growth in output from the Atlantic margin off West Africa and Brazil and from new shallow and deep water areas elsewhere. A flourishing demand for higher technology solutions is creating a more complex and more challenging investment environment. There is a requirement for much greater spending and often much greater risk. The report quantifies oil and gas developments throughout the world, including both the major new and expanding areas and the mature declining areas with their different technological needs. It also provides forecasts of annual oil and gas production additions for each offshore region, after applying natural decline to developed output, to calculate expected spending each year. Shallow and deep water production and spend The World Offshore Oil and Gas Production and Spend Forecast 2009-2013 identifies the scale of opportunity and future potential for all offshore areas, subdivided into shallow and deep water regions. The huge transfer of expenditure from the traditional shallow waters into deeper waters is examined, taking into account all dynamic influences impacting future events. Expenditure forecasts The World Offshore Oil and Gas Production and Spend Forecast 2009-2013 is the definitive, comprehensive study of the global offshore oil and gas market, unfolding potential future activity levels in exhaustive detail. Production, Capital Expenditure and Operational Expenditure quantities are charted & tabulated for 22 regions, incorporating all possible spend sectors. Contents Summary and conclusions - Production, OPEX and CAPEX The offshore oil and gas industry - An introduction including: detailed history of exploration and development, technology of drilling and production, drilling, commercial evaluation and licensing of offshore areas, deep waters and definitions The Americas - The Gulf of Mexico, California, Alaska, Newfoundland, Nova Scotia, Arctic Canada, Mexico, Trinidad & Tobago, Venezuela, Brazil, Caribbean, Other Latin America Europe and the FSU - United Kingdom, Norway, Denmark, Germany, The Netherlands,  Other North West Europe, Mediterranean Europe, Russia, Azerbaijan, Kazakhstan, Turkmenistan, Other Former Soviet Union Africa and Middle East - Saudi Arabia, United Arab Emirates, Iran, Qatar, Bahrain, Turkey, Other Middle East, Egypt, Libya, Tunisia, Mauritania, Other North and Northwest Africa, Nigeria, Angola, Equatorial Guinea, Congo Brazzaville, Cameroon, Gabon, Other West Africa, South Africa, Other South and East Africa Asia Pacific - Bangladesh, China, Indonesia, Malaysia, Brunei, Thailand, Vietnam, Myanmar, Philippines, Other Asia, Australia, Timor Leste, New Zealand, Papua New Guinea, Other Australasia Global Summary - Quantitative details on all areas including: 22 regional production forecasts for shallow and deep water oil and gas and charts showing relative shares Spend by sector and type - Quantitative details of oil and gas production additions by year, Opex and Capex by water depth and sector comparisons and charts Regional spending review - Quantitative details of Opex and Capex and summaries for 22 regions and by water depth

Click here for further information. Report available as PDF or hardcopy format. Douglas-Westwood provides advisory services as complementary partners to our clients worldwide as part of their strategic planning process. We develop and test advanced competitive strategies for new products, new business streams, mergers and acquisitions, through market insights, modelling and simulation. Our research-based approach has been used by clients considering the future direction of their business from a number of perspectives – financial, customer value enhancement, or internal operations.  Further Information Douglas-Westwood established in 1990, is an independent employee-owned company and the leading provider of business research & analysis, strategy and commercial due diligence on the global energy services sectors. We have offices in Canterbury (England) Aberdeen (Scotland) and New York (USA) and to date have completed more than 580 projects for clients in 60 countries.

1    SUMMARY & CONCLUSIONS

2    THE OFFSHORE OIL AND GAS INDUSTRY - An introduction including: history,exploration, development and production, commercial evaluation and licensing of offshore areas, exploitation of deepwaters and definitions.

3    THE AMERICAS - United States, The Gulf of Mexico, Southern California, Alaska, Canada, Newfoundland, Nova Scotia, Arctic Canada, Other Canada, Mexico Trinidad & Tobago Venezuela, Brazil Caribbean, East Coast West Coast and North Coast

4    EUROPE & THE FSU -  United Kingdom, Norway, Denmark, Germany The Netherlands  Faroe Islands, Ireland, Spain, Italy, Croatia, other Balkan States, Greece, Russia Azerbaijan, Kazakhstan, Turkmenistan, The Baltic Sea and The Black Sea

5    AFRICA & MIDDLE EAST - Saudi Arabia, United Arab Emirates, IranKuwait, Qatar, Bahrain, Turkey, Oman, Yemen and Israel/Palestine, Egypt, Libya, Tunisia, Mauritania Other North and Northwest Africa, Nigeria Angola, Equatorial Guinea, Congo Brazzaville, Cameroon, Gabon, Other West Africa and South Africa

6    ASIA PACIFIC - India, Bangladesh, China, Indonesia, Malaysia, Brunei, Thailand, Vietnam, Myanmar and Philippines, Australia, Timor Leste, New Zealand, Papua New Guinea, South Pacific islands and Antarctic

7    GLOBAL SUMMARY - covering all areas and including: Regional production forecasts, relative shares of shallow and deep water oil and gas, regional shares of oil & gas reserves and recoverable resources

8    SPEND BY SECTOR & TYPE - oil and gas production additions by year, Opex and Capex by region and water depth. A longer term view of global production.

9    REGIONAL SPENDING REVIEW - North America, Latin America, Western Europe, Eastern Europe & FSU, Africa, Middle East, Asia and Australia

Top of Page

Table of Contents

© Douglas-Westwood Limited 2009 Page 3
Contents
1 Summary and Conclusions .. 17
1.1 Introduction .. 18
1.2 Regional production summary .. 19
1.3 Regional Opex summary .. 20
1.4 Regional Capex summary . 21
1.5 Main results and conclusions  22
2 The Offshore Oil and Gas Industry .. 27
2.1 Introduction .. 28
2.2 First operations over water . 28
2.3 Exploiting the open seas .. 29
2.4 Rapid advancements in drilling and production . 30
2.5 The modern era .. 32
2.6 Locating where to drill  33
2.7 Offshore drilling . 35
2.8 Production from offshore areas  38
2.9 Commercial evaluation and licensing of offshore areas  42
2.10 Exploitation of deep waters . 44
2.11 Definitions . 46
3 Regional Production Review: The Americas .. 55
3.1 Introduction .. 56
3.2 NORTH AMERICA .. 57
3.3 LATIN AMERICA . 69
4 Regional Production Review: Europe and the FSU  85
4.1 Introduction .. 86
4.2 WESTERN EUROPE . 87
4.3 EASTERN EUROPE AND THE FSU .. 100
5 Regional Production Review: Africa and the Middle East  113
5.1 Introduction  114
5.2 AFRICA .. 115
5.3 THE MIDDLE EAST . 139
6 Regional Production Review: Asia Pacific .. 153
6.1 Introduction  154
6.2 ASIA  155
6.3 AUSTRALASIA .. 176
7 Regional Production Review: Global Summary  187
7.1 Introduction  188
7.2 Global regional summary: Shallow water oil .. 189
7.3 Global regional summary: Deep water oil . 191
7.4 Global regional summary: Shallow water gas  193
7.5 Global regional summary: Deep water gas .. 195
7.6 Global regional summary: Shallow water oil and gas  197
7.7 Global regional summary: Deep water oil and gas.. 199
7.8 Global regional summary: All water depths  201
7.9 Global regional summary: Shallow vs. Deep .. 203
7.10 Global regional summary: Oil vs. Gas  204
8 Production Spend by Sector and Type .. 205
8.1 Introduction  206
8.2 Shallow water production additions. 207
8.3 Deep water production additions .. 209
8.4 Price movements . 211
8.5 Details of Opex sector spend .. 213
8.6 Details of Capex sector spend . 215
8.7 Global summary: Capex vs. Opex . 217
8.8 Global summary: Shallow Capex/Opex vs. Deep Capex/Opex . 219
9 Regional Spending Review  221
9.1 Introduction  222
9.2 NORTH AMERICA  223
9.3 LATIN AMERICA .. 224
9.4 WESTERN EUROPE .. 225
9.5 EASTERN EUROPE AND THE FSU .. 226
9.6 AFRICA . 227
9.7 THE MIDDLE EAST . 228
9.8 ASIA  229
9.9 AUSTRALASIA . 230
9.10 Global Capex summary .. 231
9.11 Global Opex summary . 233
9.12 Shallow Capex summary  235
9.13 Deep Capex summary .. 237
9.14 Shallow Opex summary .. 239
9.15 Deep Opex summary . 241
9.16 Shallow Capex/Opex summary .. 243
9.17 Deep Capex/Opex summary . 245
9.18 Global Capex/Opex summary .. 247

For full details, please email keithw@cmsinfo.com

Top of Page

Buy now!

Paper

 GBP 3310.00   

Single User PDF

 GBP 3250.00   

Your personal guarantee

Top of Page