Deepwater Statistical Report ///

BP’s recent giant Tiber discovery in the Gulf of Mexico Palaeogene play illustrates the potential of deepwater exploration to deliver large new discoveries, as well as the excitement that they can generate. With heightened interest in deep water following the Tiber discovery, and a series of giant discoveries in the pre-salt play in Brazil, we ask: how does deep water compare to onshore and shelf areas in terms of exploration success?

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