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Monday, 8 February 2016

Deepwater Hydrocarbons Exploration Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth And Forecast, 2013 - 2019

With world oil reserves depleting by the day, the hydrocarbons under the ocean floor remain the sole untapped pockets of oil and gas in the world. Increasing number of 
oil exploration and production companies are showing interest in tapping this resource. Of all the proven hydrocarbon reserves on the earth’s surface, deepwater 
reserves account for nearly 11%.


Multiple factors are driving growth in this industry today. Earlier the industry faced constraints such as high development costs and nascent stage technologies making 
investment in it onerous. However with modern technology advancements and increasing number of players in the business, costs of drilling have been driven down to a 
competitive level.With increasing hydrocarbon prices, the deepwater oil drilled is also becoming cost competitive with surface drilled oil. Proper regulatory framework 
will also go a long way in supporting this industry.

The deepwater hydrocarbon industry may be divided into three broad verticals, namely deepwater exploration, deepwater drilling and deepwater production. Also the 
industry may be segmented on the basis of depth at which exploration and drilling is being done (Deep water and Ultra deep water). Different depths at which drilling 
are done has impacts on cost per barrel of hydrocarbons produced. Segmentation can also be done on the type of drilling rigs (fixed platform rig, jack up rig, 
compliant tower rig, subsea systems, spar platforms) used according to depth of drilling and other factors.

Offshore development in Brazil is likely to lead the global deepwater exploration markets globally in the future. Substantial market shares will be held by Brazil, 
Africa and Mexico centering upon the ‘Deepwater Triangle’ containing very large reserves. Less traditional yet upcoming areas of development in the sector would 
include the Asia Pacific and European regions. Middle Eastern countries show significant reserves and development potential in the future.

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Some of the key players in the deepwater and ultra-deepwater exploration industry include Schlumberger Ltd, Transocean Ltd, Oceaneering International Inc., Brazilian 
Petroleum Corporation, and Trico Marine Services Inc among others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research 
report include 
North America 
Asia Pacific 
Rest of the World 
This report provides comprehensive analysis of 
Market growth drivers 
Factors limiting market growth
Current market trends 
Market structure
Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It 
includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a 
review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth 
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow 
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
It provides distinctive graphics and exemplified SWOT analysis of major market segments

For More Information Kindly Contact:
Mr. Nachiket Ghumare, +1–518–621–2074
USA-Canada Toll Free: 866–997–4948


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