ReportsandReports - Oil and Gas Supply – Deep Waters
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Having witnessed in 2008 the first major signal that future conventional oil and gas supplies will become much harder to find and more expensive to develop, Datamonitor is publishing this analysis of deep water production around the world.
Scope

• Insight on oil and gas production trends in the deep water production areas across the world, along with 10 year production forecasts.
• An overview of deep water oil and gas production levels by water depth.
• Understanding of the changing nature of production capability in specific areas and how this will change over time.
• Data on the new deep water producers and how they will boost output over the coming decade

Highlights
Brazil pioneered deep water development with the discovery of the Albacora field in 1984 in 350–750m of water. It came on-stream in 1987 in the Campos basin. A series of fields along the shelf edge have since been put into production, including the giant Marlim field in 1991, Marlim Sul (1,255m) in 1994, and Roncador (1,290–1,795m) in 1999.
The first discovery in deep waters, previously defined in the US at 305m, was the Pardner field (347m) in 1968, which finally came on-stream in 2003. The first real significant discovery, however. was Cognac (312m) in 1975, which was also the first on-stream in 1979.
Angola is the largest deep water oil producer in Africa, now producing over double that of Nigeria. Production began in 2001 from the Girassol field in 1,400m of water in Block 17, reaching a plateau in February 2002.
Reasons to Purchase

• Gain understanding of which markets will see increased production levels over the next decade.
• Identify potential commercial opportunities through an understanding of changing supply dynamics in specific markets.
• Analyse the changing balance between shallow and deep water production.

Table Of contents
Overview 1
Catalyst 1
Content summary 1
Segmentation 2
Executive Summary 3
Introduction 3
Supply pressures 3
Price spikes 4
Outlook in 2010 and beyond 5

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