February 1998
Industry At A Glance
98-02_letter-drilling_offshore.html (Feb-1998)
A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.
Archive
February 1998 Vol. 219 No. 2
Outlook '98
Forecast of 1998 offshore drilling worldwide*
Wells Wells forecast drilled % Region or country 1998 1997 Diff. North America 1,302 1,195 9.0 Canada 14 5 180.0 Cuba 2 1 100.0 Mexico 35 22 59.1 U.S. - Alaska 10 7 42.9 U.S. - Gulf of Mexico 1,210 1,124 7.7 U.S. - California 30 35 14.3 Others 1 1 0.0 South America 172 124 38.7 Argentina 2 1 100.0 Brazil 100 76 31.6 Chile 6 5 20.0 Peru 18 11 63.6 Trinidad & Tobago 40 31 29.0 Others 6 0 ... Western Europe 653 629 3.8 Denmark 27 21 28.6 France 1 0 ... Germany 2 2 0.0 Italy 34 29 17.2 Netherlands 45 44 2.3 Norway 193 180 7.2 United Kingdom 347 347 0.0 Others 4 6 33.3 Eastern Europe 42 31 35.5 Albania 1 1 0.0 Bulgaria 1 1 0.0 Croatia 1 0 ... Former Soviet Union 32 22 45.5 Rusian Federation n.a. n.a. ... Others** 32 22 45.5 Poland 3 3 0.0 Romania 4 4 0.0 Africa 432 385 12.2 Angola 78 59 32.2 Cameroon 14 19 26.3 Congo 68 60 13.3 Egypt 94 89 5.6 Gabon 18 12 50.0 Libya 4 5 20.0 Nigeria 113 105 7.6 South Africa 6 6 0.0 Tunisia 5 3 66.7 Others 32 27 18.5 Middle East 227 215 5.6 Iran 15 14 7.1 Neutral Zone 22 25 12.0 Qatar 78 74 5.4 Saudi Arabia 16 15 6.7 Turkey 1 0 ... UAE-Abu Dhabi 78 76 2.6 UAE-Dubai 10 8 25.0 Others 7 3 133.3 Far East 760 643 18.2 Brunei 23 29 20.7 China 90 90 0.0 India 63 84 25.0 Indonesia 180 154 16.9 Malaysia 109 46 137.0 Myanmar 7 7 0.0 Pakistan 1 0 ... Philippines 4 2 100.0 Thailand 202 163 23.9 Viet Nam 61 53 15.1 Others 20 15 33.3 South Pacific 118 121 2.5 Australia 115 121 5.0 New Zealand 3 0 ... World Total 3,706 3,343 10.9 * Some countries are estimated.
** Contains some country estimates that may not be complete.
n.a. - Not available.
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1999 Gulf Publishing Company
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