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Global deepwater production to increase 60%

From woodmac.com

Deepwater is the fastest growing upstream oil and gas resource theme. From just 300,000 barrels of oil equivalent per day (boe/d) in 1990, production is expected to hit 10.4 million boe/d in 2022. By the end of the decade, that figure should pass 17 million boe/d. Our latest global upstream report explains what’s driving deepwater’s rapid growth, along with the challenges and opportunities the sector represents. Fill out the form to get access to the full Insight, or read on for a quick overview. Production to grow by six million boe/d this decade Deepwater production is set to increase by over 60% between 2022 and ... (full story)

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  • Category: Fundamental Analysis