The Global Deepwater Market: Recovery & Growth Just Around the Corner

摘要

E&P deepwater activities are situated at the industry's technological frontier and imply high risks and high costs. Pre 1985 deepwater success rates averaged just 10%. In recent times the sheer cost and scale of deepwater projects has meant that 10% success rates are no longer viablernand the influx of new technologies and practices has seen the global success rate drive up to around 30%.