subject: Drilling For Offshore Oil And Gas Asia-pacific Now Available At Reportsandreports [print this page] Dallas, TX:ReportsandReports announce it will carryDrilling for Offshore Oil and Gas Asia-Pacific Market Research Report in its Store.
Offshore drilling represents nearly 50 per cent of offshore capex within the global E&P business. This report has been prepared in recognition of drillings importance to the turnover of almost every oil and gas company and service provider working in the sector. Drilling has a fundamental role in the location and extraction of all the oil and gas production that can be realized from offshore locations.
The report explains, quantifies and costs the offshore drilling market, providing historic drilling and spending trends and forecast trends over the period
2010 to 2014. It presents a series of estimates and forecasts for drilling and spending on all offshore wells and discusses key drilling events in each
country. It also provides a regional synthesis of shallow versus deep water spending and exploratory versus development spending, and includes a
broad discussion of new and improved drilling technology, looking at how this may affect the drilling spend market over subsequent years.
Key findings and highlights
Approximately $88 billion was spent over the last five years on offshore drilling in Asia-Pacific. Spending surged in 2006and this continued into
2007. Spending then declined in 2008 and sharply declined in 2009. The forecast is for slow growth through to 2013, finally reaching $108 billion
over the five-year period.
The prospects for the recovery in drilling numbers vary considerably across geographic regions, with deepwater drilling continuing to be the main
driver for expanding levels of activity in the market.
Over the last five years it is estimated that nearly $75 billion was spent on shallow water drilling in Asia-Pacific, representing 85 per cent of all drilling
expenditure.
Reasons to buy
Develop a drilling investment strategy targeted around exploration and production hotspots
Evaluate likely technology driven growth opportunities created by the medium term evolution of the drilling sector
Analyze how drilling spending patterns will vary between different technology sectors and geographies over a five-year forecast period
Table Of Contents
OVERVIEW
Catalyst
Content summary
Methodology
EXECUTIVE SUMMARY
Introduction
Results and conclusions
THE TOOLS OF OFFSHORE DRILLING
Foundations of drilling
The offshore drilling rig
Deep water drilling
The current rig market
Current well numbers
REVIEW OF DRILLING TECHNOLOGY
Introduction
Exploration wells
Appraisal wells
Development wells
Rotary drilling procedures
Rotary drilling mechanics
Services: rigs
Services: geoscience
Services: engineering
Services: support
DRILLING IN ASIA PACIFIC
Asia Introduction
North Asia
South Asia
Southeast Asia
Australasia Introduction
Regional Drilling Summary
SPENDING IN ASIA-PACIFIC
Introduction
The spending model
Asia
Australasia
Regional Spending Summary
INNOVATIONS IN DRILLING
Introduction
Evolving drilling techniques
The longer-term future
Conclusion
APPENDIX
Industry abbreviations
Data sources
Conventions used
Ask the analyst
Datamonitor consulting
Disclaimer
TABLE OF FIGURES
Figure 1: OFFSHORE DRILLING: Asia-Pacific drilling numbers 1995 to 2014
Figure 2: OFFSHORE DRILLING: Asia-Pacific spending numbers in report period
Figure 3: Reconstruction of the Drake well in Titusville, Pennsylvania Figure 4: Drake engine (background) and drill string/casing (foreground)
Figure 5: An early rotary drilling rig
Figure 6: Lake Caddo, site of the first well over water
Figure 7: OFFSHORE DRILLING: rig shares in the market in 2009
Figure 8: Pair of rigs on the Hibernia concrete platform
Figure 9: Drilling tender alongside a tension leg platform (TLP) Figure 10: Drilling barge on Lake Erie
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