Gulf of Mexico Deepwater - Market Analysis, IndustryDevelopments, Competitive Landscape and Forecasts to 2020Report Detail...
Reasons to buyThis report will enhance your decision-making capabilities. It will allow you to -- Gain an insight on the g...
4.3.1 Lower Tertiary Play is the Focus of Exploration and Production in the Gulf of Mexico 225 Oil and Gas Production in t...
8.1.1 BP Exploration & Production was Awarded Nine Exploration Blocks in the Deepwater Gulf ofMexico in 2012 (Until August...
Table 9: Exploration and Production Industry, Gulf of Mexico, Major Crude Oil Production Fields inthe Deepwater Gulf of Me...
Water, Deepwater and Ultra-deepwater in the Oil and Gas Production, %, 2011 14Figure 7: Oil and Gas Exploration and Produc...
Exploration and Production Activities, 2012 51Figure 28: Oil and Gas Exploration and Production Industry, Deepwater Gulf o...
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Gulf of Mexico Deepwater - Market Analysis, Industry Developments, Competitive Landscape and Forecasts to 2020

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Gulf of Mexico Deepwater - Market Analysis, Industry Developments, Competitive Landscape and Forecasts to 2020

  1. 1. Gulf of Mexico Deepwater - Market Analysis, IndustryDevelopments, Competitive Landscape and Forecasts to 2020Report Details:Published:October 2012No. of Pages: 60Price: Single User License – US$3995Gulf of Mexico Deepwater - Market Analysis, Industry Developments, Competitive Landscape andForecasts to 2020Summary“Gulf of Mexico Deepwater - Market Analysis, Industry Developments, Competitive Landscape andForecasts to 2020” is the latest report from GlobalData, the industry analysis specialist, whichanalyzes the global oil and gas industry. The report provides an overview of the deepwater oil andgas exploration and production (E&P) activities in the US Gulf of Mexico (GoM). It also providesinformation on investors’ interest in the US GoM, the impact of the Deepwater Horizon rig incidenton the E&P activities in the GoM, and E&P companies operating in the deepwater GoM. Thereport is compiled using data and information sourced from proprietary databases, primary andsecondary research, and in-house analysis by GlobalData’s team of industry experts.Deepwater GoM is very important for US energy security, as it contributes substantially to thecountry’s total oil production. The deepwater GoM has suitable geology for the existence of large-scale, commercially exploitable quantities of hydrocarbons, and consequently has emerged aspart of the “golden triangle” (the other two areas being deep offshore discoveries of West Africaand Brazil) for the exploration and production of hydrocarbons in deep offshore areas of the world.ScopeThis report provides an analysis of the US deepwater GoM market, industry developments,competitive landscape and forecasts to 2020. The report primarily focuses on -- Recent oil and gas discoveries in the deepwater GoM.- The impact of the Deepwater Horizon rig disaster on drilling activity in the GoM.- Historic and forecast crude oil and natural gas production from the deepwater GoM until 2020.- Financial deals (mergers, acquisitions and asset transactions) activity in the GoM.- The competitive landscape of the companies engaged in E&P activities in the deepwater GoM.
  2. 2. Reasons to buyThis report will enhance your decision-making capabilities. It will allow you to -- Gain an insight on the geology of the deepwater GoM.- Learn about exploration and production activities in the deepwater GoM.- Understand the recovery of deepwater drilling in the GoM.- Be informed about the operations of key companies engaged in deepwater exploration andproduction in the deepwater GoM.Get your copy of this report @http://www.reportsnreports.com/reports/200046-gulf-of-mexico-deepwater-market-analysis-industry-developments-competitive-landscape-and-forecasts-to-2020.htmlMajor points covered in Table of Contents of this report include1 Table of Contents1 Table of Contents 31.1 List of Tables 51.2 List of Figures 62 Introduction 72.1 Overview 72.2 GlobalData Report Guidance 73 Deepwater Gulf of Mexico - An Introduction 83.1 The Search for Oil and Gas in the Gulf of Mexico Began in the 1940s 93.1.1 The Deepwater Gulf of Mexico Has Suitable Geology for the Accumulation of Hydrocarbons103.2 Maturing Production Assets and Depleting Output in Shallow Waters Led to Increased Interestin the Deepwater Gulf of Mexico 113.3 The Gulf of Mexico has Emerged as Part of the “Golden Triangle” for Exploration andProduction of Oil and Gas in Deep Offshore Areas of the World 133.4 Operators in the Deepwater Gulf of Mexico are Facing Several Technological Challenges 133.5 The Gulf of Mexico is Important for US Energy Security 144 Oil and Gas Exploration in the Deepwater Gulf of Mexico 164.1 The US Department of the Interior’s Latest Lease Sale in 2012 in the Central Gulf of MexicoAttracted More than $1.7 Billion in Winning Bids 174.1.1 The Success of the 216/222 Lease Sale in the Central Gulf of Mexico Indicated the StrongInterest of Oil and Gas Companies in the Region 184.2 Deepwater Gulf of Mexico has Witnessed Several Oil and Gas Discoveries in the Past TwoYears 194.2.1 Flying Dutchman Discovery 204.2.2 Vito 2 Discovery 204.3 Deepwater and Ultra-deepwater Discoveries Have Re-established the Potential of the Gulf ofMexico 21
  3. 3. 4.3.1 Lower Tertiary Play is the Focus of Exploration and Production in the Gulf of Mexico 225 Oil and Gas Production in the Deepwater Gulf of Mexico 235.1 Crude Oil Production in the Deepwater Gulf of Mexico Increased at an Average Annual GrowthRate of 1.8% During 2001-2011 235.2 Natural Gas Production in the Deepwater Gulf of Mexico Decreased at a Negative AverageAnnual Growth Rate of -3.2% During 2001-2011 255.3 Thunder Horse, Shenzi and Ursa/Princess are Some of the Key Crude Oil Production Fields inthe Deepwater Gulf of Mexico 265.3.1 Thunder Horse Field Produced 39.3 MMbbls of Crude Oil in 2011 285.3.2 Shenzi Field Started Crude Oil and Natural Gas Production in 2009 305.3.3 Green Canyon 640 is a Production Field Located in the Central GoM 315.4 Deepwater Production in the Gulf of Mexico is Expected to Increase at an Average AnnualGrowth Rate of 2.2% During 2011-2020 315.4.1 The Deepwater Gulf of Mexico is Expected to Witness the Commencement of Productionfrom 21 Planned Fields in Future 326 Impact of the Deepwater Horizon Rig Explosion and Subsequent Oil Spill on the Gulf of Mexico346.1 The US Government Imposed a Moratorium and New Tax Laws in Response to the Gulf ofMexico Oil Spill 356.2 Oil Spill Temporarily Halted Investments in the Gulf of Mexico 366.3 Deepwater Drilling is Making a Comeback in the Gulf of Mexico 376.3.1 Deepwater Drilling in the Gulf of Mexico is Expected to Return to Pre-blowout Levels by theEnd of 2012 376.3.2 International Oil Companies Accounted for the Majority of New Drilling Permits Issued for theGulf of Mexico After the Oil Spill in April 2010 396.3.3 The US and Mexico’s Agreement on Transboundary Hydrocarbon Reservoirs in the Gulf ofMexico is Expected to Increase Drilling in the Gulf of Mexico 407 Deepwater Gulf of Mexico Industry Developments - Financial Deals 417.1 The Deepwater Horizon Rig Disaster in April 2010 has had Little Impact on the Gulf of MexicoFinancial Deals 427.2 BP Plc is Expected to Sell Gulf of Mexico Oil Fields Worth $7.9 Billion, to Meet Oil Spill Claims437.3 The Gulf of Mexico Witnessed 14 Financial Deals in 2012 (Up to August 21) 447.3.1 INPEX Agreed to Acquire 7.2% Interest in the Lucius Project from Anadarko Petroleum for$556m 457.3.2 NGP Capital Resources Acquired 5% Overriding Royalty Interest in Certain Oil and GasProducing Properties in the Gulf of Mexico from ATP Oil & Gas for $25m 467.3.3 Hercules Offshore Acquired the Ocean Columbia Rig in the Gulf of Mexico for $40m 478 Exploration and Production Companies in the Deepwater Gulf of Mexico - CompetitiveLandscape 488.1 BP Plc had the Highest Number of Equity Stakes in Deepwater Exploration Blocks in the Gulfof Mexico for 2011 49
  4. 4. 8.1.1 BP Exploration & Production was Awarded Nine Exploration Blocks in the Deepwater Gulf ofMexico in 2012 (Until August) 508.1.2 Shell Offshore Inc. had Equity Stakes in 163 Exploration Blocks by the End of 2011 518.1.3 Chevron U.S.A. Inc. is One of the Major Leaseholders in the Deepwater Gulf of Mexico 528.2 BP Plc was the Highest Producer of Crude Oil and Natural Gas in the Deepwater Gulf ofMexico for 2011 528.2.1 Deepwater Gulf of Mexico Plays an Important Role in BP Plc’s Oil and Gas Production in theUS 538.2.2 Anadarko Petroleum Corporation is the Second Largest Producer of Crude Oil and NaturalGas in the Deepwater Gulf of Mexico 548.2.3 BHP Billiton is a Leading Independent Oil and Gas Producer in the Deepwater Gulf ofMexico 569 Appendix 579.1 Market Definition 579.2 Abbreviations 579.3 Sources 589.4 Methodology 599.4.1 Coverage 599.4.2 Secondary Research 599.4.3 Primary Research 609.4.4 Expert Panel Validation 609.5 Contact Us 609.6 Disclaimer 601.1 List of TablesTable 1: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Deepest Water Depthsof Seven Hydrocarbon Plays in Deep Waters of the Gulf of Mexico, Ft, 2010 10Table 2: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Oil Production fromSelect Fields in Shallow Waters, MMbbl, 2001-2011 12Table 3: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Proved Oil and GasReserves in the Gulf of Mexico by Water Depth, Feet, 2009 15Table 4: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Past Lease Sales in theGulf of Mexico by Water Depth, m, 2000 to 2010 17Table 5: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Top 10 Companies inTerms of Total Amount Exposed in the 216/222 Lease Sale, $m, 2012 18Table 6: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Oil and GasDiscoveries, 2010 to August 2012 19Table 7: Oil and Gas Production Industry, Gulf of Mexico, Crude Oil Production in the DeepwaterGulf of Mexico* and Total Production in the Gulf of Mexico, MMbbl, 2001-2011 24Table 8: Oil and Gas Production Industry, Gulf of Mexico, Natural Gas Production in theDeepwater Gulf of Mexico* and Total Natural Gas Production in the Gulf of Mexico, tcf, 2001-201126
  5. 5. Table 9: Exploration and Production Industry, Gulf of Mexico, Major Crude Oil Production Fields inthe Deepwater Gulf of Mexico*, MMbbl, 2011 26Table 10: Exploration and Production Industry, Gulf of Mexico, Major Natural Gas ProductionFields in the Deepwater Gulf of Mexico*, MMcf, 2011 27Table 11: Oil and Gas Production Industry, Gulf of Mexico, Crude Oil and Natural Gas Productionof the Thunder Horse Field, MMbbl and MMcf, 2008-2011 28Table 12: Oil and Gas Production Industry, Gulf of Mexico, Crude Oil and Natural Gas ProductionForecasts for the Thunder Horse Field, MMbbl and MMcf, 2011-2020 29Table 13: Oil and Gas Production Industry, Gulf of Mexico, Crude Oil and Natural Gas Productionof the Shenzi Field, MMbbl and MMcf, 2009-2011 30Table 14: Oil and Gas Production Industry, Gulf of Mexico, Crude Oil and Natural Gas Productionof the Green Canyon 640 Field, MMbbl and MMcf, 2007-2011 31Table 15: Oil and Gas Exploration and Production Industry, Gulf of Mexico, the US Department ofthe Interior Recommendations to Increase Safety in Deepwater Drilling, 2010 35Table 16: Exploration and Production Industry, Gulf of Mexico, Top 10 Companies in the Gulf ofMexico in Terms of Equity Stakes, Number of Active Exploration Blocks, 2006-2011 39Table 17: Exploration and Production Industry, Gulf of Mexico, Select BP Operated Rigs in theGulf of Mexico, 2012 40Table 18: Exploration and Production Industry, Gulf of Mexico, BP Plc Financial Deals in the Gulfof Mexico, April 2010 to August 2012 43Table 19: Exploration and Production Industry, Gulf of Mexico, Details of Select Financial Deals inthe Gulf of Mexico, 2012 (up to August 21) 44Table 20: Oil and Gas Exploration and Production Industry, Deepwater Gulf of Mexico, ExplorationBlocks Awarded to BP Exploration & Production, 2012 50Table 21: Oil and Gas Exploration and Production Industry, Deepwater Gulf of Mexico, BP’s MajorCrude Oil and Natural Gas Production Fields, MMbbl and bcf, 2011 53Table 22: Oil and Gas Exploration and Production Industry, Deepwater Gulf of Mexico, AnadarkoPetroleum’s Major Crude Oil Production Fields, Mbbl, 2011 55Table 23: Oil and Gas Exploration and Production Industry, Deepwater Gulf of Mexico, AnadarkoPetroleum’s Major Natural Gas Production Fields, MMcf, 2011 551.2 List of FiguresFigure 1: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Location Map, 2012 8Figure 2: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Map IllustratingPliocene, Upper Miocene and Lower Tertiary Plays in the Gulf of Mexico, 2012 9Figure 3: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Oil and Gas Productionin Shallow Waters, MMboe, 2001-2011 11Figure 4: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Oil Production fromSelect Fields in Shallow Waters, MMbbl, 2001-2011 12Figure 5: Oil and Gas Exploration and Production Industry, Global, “The Golden Triangle” for DeepOffshore Production, Location Map, 2010 13Figure 6: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Share of Shallow
  6. 6. Water, Deepwater and Ultra-deepwater in the Oil and Gas Production, %, 2011 14Figure 7: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Blocks and ActiveLeases by Planning Areas, 2012 16Figure 8: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Location of VitoDiscovery, 2012 20Figure 9: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Number of Oil and GasDiscoveries, 2004-2012 21Figure 10: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Location of the LowerTertiary Play, 2012 22Figure 11: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Share of DeepwaterCrude Oil Production in the Gulf of Mexico’s Total Production*, MMbbl and %, 2001-2011 23Figure 12: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Share of DeepwaterNatural Gas Production in the Gulf of Mexico’s Total Natural Gas Production*, %, 2001-2011 25Figure 13: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Location of theThunder Horse Field, 2012 28Figure 14: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Location of the ShenziField, 2012 30Figure 15: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Gross Crude Oil andNatural Gas Production in the Deepwater Gulf of Mexico*, MMboe, 2011-2020 31Figure 16: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Location of theKaskida Field, 2012 32Figure 17: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Location of the St.Malo Field, 2012 33Figure 18: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Location of theDeepwater Horizon Rig and Extent of the Oil Spill, 2010 34Figure 19: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Comparison BetweenTotal Bonus and Acreage Sold, $m, 2007-2010 36Figure 20: Oil and Gas Exploration and Production Industry, Gulf of Mexico, New DeepwaterDrilling Permits Issued for the Gulf of Mexico, 2009 to 2012 (Until March) 38Figure 21: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Comparison BetweenDeals Value and Number of Deals, $m, 2004 to 2012 (Up to August 21) 41Figure 22: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Comparison BetweenDeals Value and Number of Deals, $m, Q1 2010 to Q2 2012 42Figure 23: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Location of the LuciusProject, 2012 45Figure 24: Oil and Gas Exploration and Production Industry, Gulf of Mexico, Stakeholding in theLucius Project After the Deal, 2012 46Figure 25: Oil and Gas Exploration and Production Industry, Deepwater Gulf of Mexico,Competitive Landscape of Major Companies, 2011 48Figure 26: Oil and Gas Exploration and Production Industry, Deepwater Gulf of Mexico, Number ofExploration Blocks Participated in by Major Companies, 2011 49Figure 27: Oil and Gas Exploration and Production Industry, Deepwater Gulf of Mexico, Shell’s
  7. 7. Exploration and Production Activities, 2012 51Figure 28: Oil and Gas Exploration and Production Industry, Deepwater Gulf of Mexico, Top 10Gross Crude Oil and Natural Gas Producers, 2011 52Figure 29: Oil and Gas Exploration and Production Industry, Deepwater Gulf of Mexico, AnadarkoPetroleum’s Deepwater Activities, 2012 54Figure 30: Oil and Gas Exploration and Production Industry, Deepwater Gulf of Mexico, Locationof Mad Dog Project, 2012 56Contact: sales@reportsandreports.com for more information.

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