Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
Since 2002, over 30 billion boe have been discovered in global deepwater basins, with an average resource size of around 110 MMboe. But, with the exception of 2006 when a number of large discoveries were made, reserves discovered and the average size of discoveries have been decreasing, while finding costs have been steadily rising; thanks to tight rig availability, rocketing day rates and personnel shortages.
The Big Four deepwater provinces (Angola, Nigeria Brazil, and Gulf of Mexico) have continued to dominate deepwater exploration over the past five years, but both Angola and Nigeria have been hit by declining discovery sizes. Brazil’s 2006 results were boosted by two +500 MMboe discoveries, including the Tupi field in which BG partnered with Petrobras. Tupi is the first potentially commercial discovery in a significant new sub-salt play.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Aberdeen - December 2-3
Calgary - December 8-8
Mangaf - December 8-10
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.