Offshore Drilling Industry in the Americas to 2016 - Activity in Latin America Expected to Drive Expenditure in the Future

Offshore Drilling Industry in the Americas to 2016 - Activity in Latin America Expected to Drive Expenditure in the Future

Summary

GBI Research, a leading business intelligence provider, has released its latest research, “Offshore Drilling Industry in the Americas to 2016 - Activity in Latin America Expected to Drive Expenditure in the Future”. The study, which is an offering from the company’s Energy Research Group, provides an in-depth analysis of the offshore drilling market in the Americas and highlights the various concerns, shifting trends and major players in the region. The report provides forecasts for the offshore drilling industry in the Americas region to 2016. The report also provides segmental forecasts of the offshore drilling market in the Americas region by water depth and highlights the major countries in the region. The report provides in-depth analysis of the key trends and challenges in the offshore drilling market in the region. An analysis of the competitive scenario, data on the offshore wells and drilling expenditure in the region are also provided for each of the market segments.

Scope

- Overview and analysis of the offshore drilling industry of Americas
- Analysis of the historical trends and forecasts to 2016
- Analysis and forecasts of offshore wells drilled and offshore drilling expenditure
- Provides country-specific data analysis of the US, Canada, Brazil, Mexico, Trinidad and Tobago, Venezuela, and Argentina
- Analyzes the opportunities and challenges in the offshore drilling industry of Americas
- Analyzes the competitive scenario in the offshore drilling industry of the Americas

Reasons to buy

- Develop business strategies with the help of specific insights about the offshore drilling industry in Americas.
- Identify opportunities and challenges in the offshore drilling industry in Americas.
- Increase future revenues and profitability with the help of insights on the future opportunities and critical success factors in the offshore drilling industry of Americas.
- Benchmark your operations and strategies against the major players in the offshore drilling industry in Americas.
- Benchmark your operations and strategies using key insights from the major current and expected business developments with regard to the American offshore drilling industry.

1 Table of Contents
1 Table of Contents 5
1.1 List of Tables 7
1.2 List of Figures 8
2 Introduction 9
3 Introduction to the Offshore Drilling Industry 10
3.1 Significance of Offshore Drilling and Major Offshore Areas in the Americas 10
3.2 Impact of the Offshore Exploration Business on the Offshore Drilling Business 10
3.3 Importance of Various Local Government and Private Regulations Influencing the Offshore Exploration and Drilling Business 10
3.4 Offshore Drilling Business Development and Key Bid Evaluation Criteria [BEC] 11
3.4.1 Technical Suitability 11
3.4.2 Price 11
3.4.3 Availability 11
3.5 The Offshore Drilling Industry and Its Role as a Part of the Upstream Oil and Gas Industry Value Chain 11
3.6 Types of Rig and Support Services 12
3.6.1 Mobile Bottom Supported Rigs 12
3.6.2 Floating Rigs 12
3.6.3 Key Technologies Used as Supporting Mechanisms in Floating Rigs 13
3.6.4 Subsea Production and Processing Systems 13
3.7 Offshore Drilling Technology Concepts 14
3.7.1 Exploratory Wells 14
3.7.2 Appraisal Wells 14
3.7.3 Development Wells 14
3.7.4 Deepwater Drilling 14
3.7.5 Rotary Drilling Procedures 14
3.8 Key Allied Segments Supplementing the Core Offshore Drilling Business 15
3.8.1 Oilfield Services 15
3.8.2 Geo-Scientific Support Services 15
3.8.3 Rig Support Services 15
3.8.4 Engineering and Equipment Support Services 16
4 Offshore Drilling Industry in the Americas to 2016 – Key Trends and Challenges 17
4.1 Stringent Offshore Regulations and Slowdown in Process of Issuance of Fresh Drilling Permits Hampering Speed of Activity in the US Gulf of Mexico [USGOM] 17
4.2 Offshore Exploration in the Arctic Region Expected to be Driven in the Second Half of 2012 and 2013 by Operations Planned by International Oil Majors 17
4.3 Rise in Demand for Deepwater and Ultradeep Water Drilling is Expected to Increase Offshore Day Rates for Drillships and Semi-submersibles 18
4.4 Dearth of Qualified Marine Crew Operating in Deepwater US Gulf of Mexico [USGOM] Is Posing Risk of Temporary Operational Slowdown in Deepwater Activity 19
4.5 Offshore Exploration and Production Activity Plans by Oil Companies in South and Central America Expected to Drive Offshore Drilling Expenditure and Demand for Rigs 19
5 Offshore Drilling Activity in the Americas to 2016 – Drilling and Well Forecasts to 2016, Profiles of Major Regional Contractors 20
5.1 Offshore Drilling Expenditure Forecast for the Americas to 2016 20
5.2 Offshore Drilling Expenditure Forecast for the Americas by Region, 2000–2016 22
5.3 Offshore Well Forecast for the Americas to 2016 24
5.4 Offshore Well Forecast for the Americas to 2016, by Region 26
5.5 Profiles of the Major Offshore Drilling Contractors in the Americas 28
5.5.1 Transocean Ltd. 28
5.5.2 Noble Drilling 28
5.5.3 Diamond Offshore Drilling, Inc. 29
5.5.4 Ensco plc 29
5.5.5 Hercules Offshore 30
6 Key North American Countries’ Offshore Wells and Drilling Expenditure Statistics 31
6.1 North America, Offshore Drilling Forecast to 2016 31
6.1.1 North America, Offshore Drilling Expenditure Forecast to 2016, by Water Depth 31
6.1.2 North America, Offshore Drilling Expenditure Forecast to 2016, by Country 33
6.1.3 North America Offshore Wells Forecast to 2016 35
6.1.4 North America Offshore Wells Forecast to 2016, by Country 37
6.2 United States, Offshore Drilling – Wells Statistics and Expenditure To 2016 39
6.2.1 United States, Offshore Wells Forecast, 2000–2016 39
6.2.2 United States, Offshore Drilling Expenditure [$bn], by Water Depth, 2000–2016 41
6.2.3 United States, Top Offshore Lease Holders, 2011, by Lease-owned Blocks 43
6.3 Canada, Offshore Drilling – Wells Statistics and Expenditure To 2016 44
6.3.1 Canada, Offshore Wells Forecast, 2000–2016 44
6.3.2 Canada, Offshore Drilling Expenditure, by Water Depth, 2000–2016 46
7 Key South and Central American Countries’ Offshore Wells and Drilling Expenditure Statistics 48
7.1 South and Central America, Offshore Drilling Forecast to 2016 48
7.1.1 South and Central America, Offshore Drilling Expenditure Forecast to 2016, by Water Depth 48
7.1.2 South and Central America, Offshore Drilling Expenditure Forecast to 2016, by Country 50
7.1.3 South and Central America Offshore Wells Forecast to 2016 52
7.1.4 South and Central America Offshore Wells Forecast to 2016, by Country 54
7.2 Brazil, Offshore Drilling Forecast to 2016 56
7.2.1 Brazil, Offshore Wells Forecast, 2000–2016 56
7.2.2 Brazil, Offshore Drilling Expenditure, by Water Depth, 2000–2016 58
7.2.3 Brazil, Top Offshore Lease Holders, 2011 60
7.3 Venezuela, Offshore Drilling Forecast to 2016 61
7.3.1 Venezuela, Offshore Wells Forecast, 2000–2016 61
7.3.2 Venezuela, Offshore Drilling Expenditure, by Water Depth, 2000–2016 63
7.3.3 Venezuela, Top Lease Holders, 2011 65
7.4 Argentina, Offshore Drilling Forecast to 2016 66
7.4.1 Argentina, Offshore Wells Forecast, 2000–2016 66
7.4.2 Argentina, Offshore Drilling Expenditure, by Water Depth, 2000–2016 68
7.4.3 Argentina, Top Lease Holders, 2011 70
7.5 Trinidad and Tobago, Offshore Drilling Forecast to 2016 71
7.5.1 Trinidad and Tobago, Offshore Wells Forecast, 2000–2016 71
7.5.2 Trinidad and Tobago, Offshore Drilling Expenditure, $ billion, by Water Depth, 2000–2016 73
7.5.3 Trinidad and Tobago, Top Offshore Lease Holders, 2011 75
7.6 Mexico, Offshore Drilling Forecast to 2016 76
7.6.1 Mexico, Offshore Wells Forecast, 2000–2016 76
7.6.2 Mexico, Offshore Drilling Expenditure, by Water Depth, 2000–2016 78
8 Appendix 80
8.1 Market Definitions 80
8.2 Abbreviations 80
8.3 References 80
8.4 Methodology 81
8.4.1 Coverage 81
8.4.2 Secondary Research 81
8.4.3 Primary Research 81
8.4.4 Expert Panel Validation 82
8.5 Contact Us 82
8.6 Disclaimer 82

1.1 List of Tables
Table 1: Offshore Drilling Industry, Americas, Expenditure by Water Depth [$bn], 2000–2016 21
Table 2: Offshore Drilling Industry, Americas, Expenditure by Region [$bn], 2000–2016 23
Table 3: Offshore Wells Drilled, Americas, 2000–2016 25
Table 4: Offshore Wells Drilled, The Americas, by Region, 2000–2016 27
Table 5: Transocean Ltd. — Offshore Rig Fleet Summary for the Americas, H1 2012 28
Table 6: Noble Drilling — Offshore Rig Fleet Summary for the Americas, H1 2012 28
Table 7: Diamond Offshore Drilling, Inc. — Offshore Rig Fleet Summary for the Americas, H1 2012 29
Table 8: Ensco plc — Offshore Rig Fleet Summary for the Americas, H1 2012 29
Table 9: Hercules Offshore — Offshore Rig Fleet Summary for the Americas, H1 2012 30
Table 10: Offshore Drilling Expenditure, $ bn, North America, by Water Depth, 2000–2016 32
Table 11: Offshore Drilling Expenditure, $bn, North America, by Country, 2000–2016 34
Table 12: Number of Offshore Wells Drilled, North America, 2000–2016 36
Table 13: Offshore Wells Drilled, North America, 2000–2016 38
Table 14: United States, Offshore Wells Forecast, 2000–2016 40
Table 15: United States, Offshore Drilling Expenditure [$bn], by Water Depth, 2000–2016 42
Table 16: United States, Top Offshore Lease Holders, 2011 43
Table 17: Canada, Offshore Wells Forecast, 2000–2016 45
Table 18: Canada, Offshore Drilling Expenditure, by Water Depth, 2000–2016 47
Table 19: Offshore Drilling Expenditure, $bn, South and Central America, by Water Depth, 2000–2016 49
Table 20: Offshore Drilling Expenditure, $bn, South and Central America, by Country, 2000–2016 51
Table 21: Number of Offshore Wells Drilled, South America, 2000–2016 53
Table 22: Number of Offshore Wells Drilled, South America, 2000–2016 55
Table 23: Brazil, Offshore Wells Forecast, 2000–2016 57
Table 24: Brazil, Offshore Drilling Expenditure, by Water Depth, 2000–2016 59
Table 25: Brazil, Top Offshore Lease Holders, 2011 60
Table 26: Venezuela, Offshore Wells Forecast, 2000–2016 62
Table 27: Venezuela, Offshore Drilling Expenditure, by Water Depth, 2000–2016 64
Table 28: Venezuela, Top Offshore Lease Holders, 2011 65
Table 29: Argentina, Offshore Wells Forecast, 2000–2016 67
Table 30: Argentina, Offshore Drilling Expenditure, by Water Depth, 2000–2016 69
Table 31: Argentina, Top Offshore Lease Holders, 2011 70
Table 32: Trinidad and Tobago, Offshore Wells Forecast, 2000–2016 72
Table 33: Trinidad and Tobago, Offshore Drilling Expenditure, $bn, by Water Depth, 2000–2016 74
Table 34: Trinidad and Tobago, Top Offshore Lease Holders, 2011 75
Table 35: Mexico, Offshore Wells Forecast, 2000–2016 77
Table 36: Mexico, Offshore Drilling Expenditure, $bn, by Water Depth, 2000–2016 79

1.2 List of Figures
Figure 1: Offshore Drilling Industry, Americas, Expenditure by Water Depth [$bn], 2000–2016 20
Figure 2: Offshore Drilling Industry, Americas, Expenditure by Region [$bn], 2000–2016 22
Figure 3: Offshore Drilling Industry, Americas, Number of Offshore Wells Drilled, 2000–2016 24
Figure 4: Offshore Wells Drilled, Americas, by Region, 2000–2016 26
Figure 5: Offshore Drilling Expenditure, $ bn, North America, by Water Depth, 2000–2016 32
Figure 6: Offshore Drilling Expenditure, $bn, North America, by Country, 2000–2016 33
Figure 7: Number of Offshore Wells Drilled, North America, 2000–2016 35
Figure 8: Offshore Wells Drilled, North America, 2000–2016 37
Figure 9: United States, Offshore Wells Forecast, 2000–2016 39
Figure 10: United States, Offshore Drilling Expenditure [$bn], by Water Depth, 2000–2016 41
Figure 11: United States, Top Offshore Lease Holders, 2011 43
Figure 12: Canada, Offshore Wells Forecast, 2000–2016 44
Figure 13: Canada, Offshore Drilling Expenditure, by Water Depth, 2000–2016 46
Figure 14: Offshore Drilling Expenditure, $bn, South and Central America, by Water Depth, 2000–2016 48
Figure 15: Offshore Drilling Expenditure, $bn, South and Central America, by Country, 2000–2016 50
Figure 16: Number of Offshore Wells Drilled, South America, 2000–2016 52
Figure 17: Number of Offshore Wells Drilled, South America, 2000–2016 54
Figure 18: Brazil, Offshore Wells Forecast, 2000–2016 56
Figure 19: Brazil, Offshore Drilling Expenditure, by Water Depth, 2000–2016 58
Figure 20: Brazil, Top Offshore Lease Holders, 2011 60
Figure 21: Venezuela, Offshore Wells Forecast, 2000–2016 61
Figure 22: Venezuela, Offshore Drilling Expenditure, by Water Depth, 2000–2016 63
Figure 23: Venezuela, Top Offshore Lease Holders, 2011 65
Figure 24: Argentina, Offshore Wells Forecast, 2000–2016 66
Figure 25: Argentina, Offshore Drilling Expenditure, by Water Depth, 2000–2016 68
Figure 26: Argentina, Top Offshore Lease Holders, 2011 70
Figure 27: Trinidad and Tobago, Offshore Wells Forecast, 2000–2016 71
Figure 28: Trinidad and Tobago, Offshore Drilling Expenditure, $bn, by Water Depth, 2000–2016 73
Figure 29: Trinidad and Tobago, Top Offshore Lease Holders, 2011 75
Figure 30: Mexico, Offshore Wells Forecast, 2000–2016 76
Figure 31: Mexico, Offshore Drilling Expenditure, $bn, by Water Depth, 2000–2016 78