Name of the Report :
Offshore Drilling Industry to 2016 - Rapidly Rising Demand
for Hydrocarbons Expected to Boost Offshore Drilling in
Ultra-Deepwater and Harsh-weather Environments

Publication Date : 31-Dec-2011
No. of pages : 88

Table of Contents
1 Table of Contents
1 Table of Contents… 6
1.1 List of Tables… 8
1.2 List of Figures… 8
2 Offshore Drilling Industry to 2016… 9
2.1 Research Report Guidance… 9
3 Introduction to the Offshore Drilling Industry… 10
3.1 Significance of Offshore Drilling and Major
Offshore Areas Worldwide… 11
3.2 Impact of the Offshore Exploration Business on
the Offshore Drilling Business… 11
3.3 Importance of Various Local Governmental and Private
Regulations Influencing the Offshore Exploration and
Drilling Business… 12
3.4 Offshore Drilling Business Development and Key Bid
Evaluation Criteria (BEC)… 12
3.4.1 Technical Suitability… 12
3.4.2 Price… 12
3.4.3 Availability… 12
3.5 The Offshore Drilling Industry and Its Role as
Part of the Upstream Oil and Gas Industry Value
Chain… 13
3.6 Types of Rigs and Support Services… 13
3.6.1 Mobile Bottom-supported Rigs… 13
3.6.2 Floating Rigs… 14
3.6.3 Key Technologies Used as Supporting Mechanisms
in Floating Rigs… 14
3.6.4 Subsea Production and Processing Systems… 15
3.7 Offshore Drilling Technology Concepts… 15
3.7.1 Exploratory Wells… 15
3.7.2 Appraisal Wells… 15
3.7.3 Development Wells… 15
3.7.4 Deepwater Drilling… 15
3.7.5 Rotary Drilling Procedures… 15
3.8 Key Allied Segments Supplementing the Core Offshore
Drilling Business… 17
3.8.1 Oilfield Services… 17
3.8.2 Geo-scientific Support Services… 17
3.8.3 Rig Support Services… 17
3.8.4 Engineering and Equipment Support Services… 17
4 Key Trends and Challenges for the Global Offshore
Drilling Industry… 18
4.1 Key Drivers for the Global Offshore Drilling
Industry… 18
4.1.1 Strong Initiatives by the Australian Government
to Encourage LNG Usage Are Expected to Further Boost
the Offshore Exploration and Drilling Industry in
Australia… 18
4.1.2 Rising Demand for Hydrocarbons Is Expected to
Boost Offshore Drilling in Geographically Challenging
and Remote Regions Such as the Arctic Sea… 18
4.1.3 Stringent Policies by Regulatory Bodies are Expected
to Improve Offshore Drilling Operations With Regards to
Meticulous Compliance with Environment and
Safety Norms… 19
4.1.4 Offshore Drilling Rig Growth will Shift towards Growing
Markets like Southeast Asia and South Asia… 20
4.1.5 Increasing Trend towards Deep and Ultra-deep Water
Exploration and Production is Driving the Growth of the
Offshore Drilling Industry… 20
4.1.6 Rapid Technology Advances are a Key Driver of the
Development of the Offshore Drilling Industry… 21
4.1.7 Growth in Oil and Gas Demand in the Long-term and the
Increase in Offshore Oil and Gas Production are Driving the
Growth of the Offshore Drilling Industry… 22
4.2 Major Challenges for the Offshore Drilling Industry… 22
4.2.1 Tougher Offshore Regulations by Governments Could
Possibly Hamper the Speed of Offshore Drilling
Operations… 22
4.2.2 Political Tensions Could Hamper Offshore Oil and
Gas Drilling in Specific Regions… 23
5 Current Status of Worldwide Offshore Rigs and
Expected Newbuilds… 24
6 Global Offshore Drilling Expenditure Forecasts
to 2016… 42
6.1 Global Offshore Drilling Expenditure Forecasts
to 2016… 42
6.2 Offshore Drilling Expenditure Forecasts to 2016,
by Region… 44
6.3 Profiles of Major Offshore Drilling Contractors… 46
6.3.1 Transocean Ltd.… 46
6.3.2 Noble Corporation… 46
6.3.3 Diamond Offshore Drilling… 46
6.3.4 Ensco International… 46
6.3.5 Seadrill… 46
7 Offshore Drilling Expenditure Forecasts to 2016,
By Region… 47
7.1 Offshore Drilling Expenditure Forecasts to 2016,
Asia Pacific… 47
7.1.1 Asia Pacific Offshore Drilling, 2000-2016,
Shallow Water Drilling Expenditure… 50
7.1.2 Asia Pacific Offshore Drilling, 2000-2016,
Deepwater Drilling Expenditure… 52
7.1.3 Asia Pacific, Top Offshore Blocks, H1 2011… 54
7.2 Offshore Drilling Expenditure Forecasts to 2016,
Europe… 56
7.2.1 Europe Offshore Drilling, 2000-2016,
Shallow Water Drilling Expenditure… 58
7.2.2 Europe Offshore Drilling, 2000-2016,
Deepwater Drilling Expenditure… 60
7.2.3 Europe, Top Offshore Blocks, H1 2011… 62
7.3 Offshore Drilling Expenditure Forecasts to 2016,
Middle East and Africa… 64
7.3.1 Middle East and Africa Offshore Drilling, 2000-2016,
Shallow Water Drilling Expenditure… 66
7.3.2 Middle East and Africa Offshore Drilling, 2000-2016,
Deepwater Drilling Expenditure… 68
7.3.3 Middle East and Africa, Top Offshore Blocks,
H1 2011… 70
7.4 Offshore Drilling Expenditure Forecasts to 2016,
North America… 72
7.4.1 North America Offshore Drilling, 2000-2016,
Shallow Water Drilling Expenditure… 74
7.4.2 North America Offshore Drilling, 2000-2016,
Deepwater Drilling Expenditure… 76
7.4.3 North America, Top Offshore Blocks, H1 2011… 78
7.5 Offshore Drilling Expenditure Forecasts to 2016,
South and Central America… 79
7.5.1 South and Central America Offshore Drilling, 2000-2016,
Shallow Water Drilling Expenditure… 81
7.5.2 South and Central America Offshore Drilling,
2000-2016, Deepwater Drilling Expenditure… 83
7.5.3 South and Central America, Top Offshore Blocks,
H1 2011… 85
 
List of Tables

1.1 List of Tables
Table 1: Key Offshore Rig Segments and Expected
Newbuilds, as of Q3 2011… 24
Table 2: Current Worldwide Fleet in Operation,
Jack-up Rigs, by Rig Name, Rig Manager and
Current Region of Deployment… 24
Table 3: Current Worldwide Fleet in Operation,
Semisubmersible Rigs, by Rig Name, Rig Manager
and Current Region of Deployment… 35
Table 4: Current Worldwide Fleet in Operation,
Drillships, by Rig Name, Rig Manager and
Current Region of Deployment… 40
Table 5: Offshore Drilling Expenditure, Global,
by Region, $bn, 2000-2016… 45
Table 6: Offshore Drilling Expenditure,
Asia Pacific, $bn, 2000-2016… 49
Table 7: Offshore Drilling Expenditure, Shallow
Water, Asia Pacific, $bn, 2000-2016… 51
Table 8: Offshore Drilling Expenditure, Deepwater,
Asia Pacific, $bn, 2000-2016… 53
Table 9: Top Offshore Blocks, by Acreage,
Asia Pacific, H1 2011… 55
Table 10: Offshore Drilling Expenditure,
Europe, $bn, 2000-2016… 57
Table 11: Offshore Drilling Expenditure, Shallow
Water, Europe, $bn, 2000-2016… 59
Table 12: Offshore Drilling Expenditure, Deepwater,
Europe, $bn, 2000-2016… 61
Table 13: Top Offshore Blocks, Europe,
H1 2011… 63
Table 14: Offshore Drilling Expenditure, Middle
East and Africa, $bn, 2000-2016… 65
Table 15: Offshore Drilling Expenditure, Shallow Water,
Middle East and Africa, $bn,  2000-2016… 67
Table 16: Offshore Drilling Expenditure,
Deepwater, Middle East and Africa, $bn, 
2000-2016… 69
Table 17: Top Offshore Blocks, Middle East
and Africa, H1 2011… 71
Table 18: Offshore Drilling Expenditure,
North America, $bn, 2000-2016… 73
Table 19: Offshore Drilling Expenditure, Shallow water,
North America, $bn, 2000-2016… 75
Table 20: Offshore Drilling Expenditure, Deepwater,
North America, $bn, 2000-2016… 77
Table 21: Top Offshore Blocks, North America,
H1 2011… 78
Table 22: Offshore Drilling Expenditure, South and
Central America, 2000-2016… 80
Table 23: Offshore Drilling Expenditure, Shallow Water,
South and Central America, 2000-2016… 82
Table 24: Offshore Drilling Expenditure,
Deepwater, South and Central America, 
2000-2016… 84
Table 25: Top Offshore Blocks, South and
Central America, H1 2011… 85
Table 26: Abbreviations… 86
 
List of Figures

1.2 List of Figures
Figure 1:  Offshore Drilling Expenditure,
Global, $bn, 2000-2016… 43
Figure 2:  Offshore Drilling Expenditure,
Global, by Region, $bn, 2000-2016… 44
Figure 3:  Offshore Drilling Expenditure,
Asia Pacific, $bn, 2000-2016… 48
Figure 4:  Offshore Drilling Expenditure, Shallow
Water, Asia Pacific, $bn, 2000-2016… 50
Figure 5: Offshore Drilling Expenditure,
Deepwater, Asia Pacific, $bn,
2000-2016… 52
Figure 6: Top Offshore Blocks, by Acreage,
Asia Pacific, H1 2011… 54
Figure 7: Offshore Drilling Expenditure,
Europe, $bn, 2000-2016… 56
Figure 8: Offshore Drilling Expenditure, Shallow
Water, Europe, $bn, 2000-2016… 58
Figure 9: Offshore Drilling Expenditure, Deepwater,
Europe, $bn, 2000-2016… 60
Figure 10: Top Offshore Blocks, Europe, H1 2011… 62
Figure 11: Offshore Drilling Expenditure, Middle East
and Africa, $bn, 2000-2016… 64
Figure 12: Offshore Drilling Expenditure, Shallow Water,
Middle East and Africa, $bn,  2000-2016… 66
Figure 13: Offshore Drilling Expenditure,
Deepwater, Middle East and Africa, $bn, 
2000-2016… 68
Figure 14: Top Offshore Blocks, Middle East
and Africa, H1 2011… 70
Figure 15: Offshore Drilling Expenditure,
North America, $bn, 2000-2016… 72
Figure 16: Offshore Drilling Expenditure,
Shallow water, North America, $bn,
2000-2016… 74
Figure 17: Offshore Drilling Expenditure, Deepwater,
North America, $bn, 2000-2016… 76
Figure 18: Top Offshore Blocks, North America,
H1 2011… 78
Figure 19: Offshore Drilling Expenditure, South and
Central America, 2000-2016… 79
Figure 20: Offshore Drilling Expenditure, Shallow Water,
South and Central America,  2000-2016… 81
Figure 21: Offshore Drilling Expenditure, Deepwater,
South and Central America,  2000-2016… 83
Figure 22: Top Offshore Blocks, South and
Central America, H1 2011… 85

Summary

A leading business intelligence provider,
has released its latest research, “Offshore Drilling
Industry to 2016 - Rapidly Rising Demand for Hydrocarbons
Expected to Boost Offshore Drilling in Ultra-Deepwater
and Harsh-weather Environments”. The study, which is
an offering from the company’s Energy Research Group,
provides an in-depth analysis of the global offshore
drilling industry and highlights various concerns,
key trends and challenges, along with major companies
in the industry. The report provides forecasts for the
offshore drilling industry to 2016. It also provides
offshore drilling forecasts worldwide by individual
region, and provides comprehensive statistics and
key data such as break-up of the offshore drilling
expenditure, by water depth. The report also provides
in-depth statistics and details on the current offshore
rig deployment scenario worldwide, by individual rig name,
for every major rig type. The report also provides
information on the major offshore drilling companies
operating worldwide. The report is built using data and
information sourced from proprietary databases, primary
and secondary research, and in-house analysis by this
team of industry experts.

The production from offshore regions accounts for an
increasing share of the total world oil and gas production.
Offshore crude oil production accounts for around 30% or
more of the total global crude oil production. Also, offshore
natural gas production accounts for about a quarter of the
total world natural gas production.

In the recent decade, the offshore crude oil industry has
witnessed consistent growth in production. The global crude
oil production from offshore resources is expected to increase
in the near future, mainly due to an increase in offshore
production from major offshore regions worldwide, such as
deepwater US Gulf of Mexico, offshore Brazil, offshore Africa.
offshore India, China and Australia, and also offshore regions
in the European regions. In the past decade, offshore drilling
activity has picked up pace worldwide, as an increased effort
to meet energy needs.

The growth of the offshore drilling market is being driven by
high demand and rising prices of crude oil and natural gas.
However, the global offshore drilling market experienced a
temporary slowdown in 2009 as a result of relatively fewer
investments by offshore exploration companies in that year,
due to the global financial crisis and the subsequent fall
in demand. However, the period 2012-2016 for offshore drilling
worldwide is expected to be encouraging considering aggressive
offshore E&P activity expected in regions worldwide. This is a
result of ambitious plans by international oil companies, national
oil companies and governments worldwide to boost the search for
fresh discoveries of hydrocarbons; with the predicted recovery
of the industry from the financial slowdown meaning that drilling
expenditure is expected to steadily rise until 2016.

Scope

The report provides in-depth analysis of the major factors
affecting the offshore drilling industry worldwide. Its scope
includes -
- Global and Regional Industry Overview
- Key trends, drivers, and challenges for the global
offshore drilling industry to 2016
- Analysis of the historical offshore drilling expenditure
and forecasts to 2016 for the global offshore drilling
industry
- Regional forecasts of offshore drilling expenditure, for
the period 2000 to 2016, with key information at regional
levels
- Current statistics and data of the current offshore rig
deployment scenario
- Major company profiles with regard to the offshore
drilling industry

Reasons to buy

The report will enhance your decision making capability.
It will allow you to -
- Develop business strategies with the help of specific
insights about the global offshore drilling industry. 
- Identify key trends and challenges in the global
offshore drilling industry. 
- Increase future revenues and profitability with the help of
insights on the expected demand-supply scenario with regards
to the offshore drilling industry.
- Benchmark your operations and strategies using key insights
from the major current and expected business developments with
regards to the offshore drilling industry

Price

Single User Price : $3,500
Site License Price : $7,000
Enterprisewide Price (Global Site License) : $10,500

Disclaimer
All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted
in any form by any means, electronic, mechanical, photocopying, recording or otherwise,
without the prior permission of the publisher.

The facts of this report are believed to be correct at the time of publication but cannot be
guaranteed. Please note that the findings, conclusions and recommendations that the
publisher delivers will be based on information gathered in good faith from both primary
and secondary sources, whose accuracy we are not always in a position to guarantee.
As such the publisher accept no liability whatever for actions taken based on any
information that may subsequently prove to be incorrect.

To order this report, please send an email to mail@worldoils.com

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Search words (for official use only) :
Key Drivers for the Global Offshore Drilling Industry
Introduction to the Offshore Drilling Industry
Current Status of Worldwide Offshore Rigs and Expected Newbuilds
Global Offshore Drilling Expenditure Forecasts to 2016
Offshore Drilling Expenditure Forecasts to 2016, By Region
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