NEW YORK: Reportlinker.com announces that a new market research report is available in its catalogue:

Drilling for Offshore Oil and Gas - Asia-Pacific

http://www.reportlinker.com/p0188839/Drilling-for-Offshore-Oil-and-Gas-Asia-Pacific.html?d=CPDAIN43

Introduction

Offshore drilling represents nearly 50 per cent of offshore capex within the global E&P business. This report has been prepared in recognition of drilling's importance to the turnover of almost every oil and gas company and service provider working in the sector. Drilling has a fundamental role in the location and extraction of all the oil and gas production that can be realized from offshore locations.

The report explains, quantifies and costs the offshore drilling market, providing historic drilling and spending trends and forecast trends over the period 2010 to 2014. It presents a series of estimates and forecasts for drilling and spending on all offshore wells and discusses key drilling events in each country. It also provides a regional synthesis of shallow versus deep water spending and exploratory versus development spending, and includes a broad discussion of new and improved drilling technology, looking at how this may affect the drilling spend market over subsequent years.

Key findings and Highlights

• Approximately $88 billion was spent over the last five years on offshore drilling in Asia-Pacific. Spending surged in 2006 and this continued into 2007. Spending then declined in 2008 and sharply declined in 2009. The forecast is for slow growth through to 2013, finally reaching $108 billion over the five-year period.
• The prospects for the recovery in drilling numbers vary considerably across geographic regions, with deepwater drilling continuing to be the main driver for expanding levels of activity in the market.
• Over the last five years it is estimated that nearly $75 billion was spent on shallow water drilling in Asia-Pacific, representing 85 per cent of all drilling expenditure.

Reasons to buy

• Develop a drilling investment strategy targeted around exploration and production hotspots

• Evaluate likely technology driven growth opportunities created by the medium term evolution of the drilling sector

• Analyze how drilling spending patterns will vary between different technology sectors and geographies over a five-year forecast period

OVERVIEW

• Catalyst
• Content summary
• Methodology

Executive summary

• Introduction
• Results and conclusions

THE TOOLS OF OFFSHORE DRILLING

• Foundations of drilling
• The offshore drilling rig
• Deep water drilling
• The current rig market
• Current well numbers

REVIEW OF DRILLING TECHNOLOGY

• Introduction
• Exploration wells
• Appraisal wells
• Development wells
• Rotary drilling procedures
• Rotary drilling mechanics
• Services: rigs
• Services: geoscience
• Services: engineering
• Services: support

DRILLING IN ASIA PACIFIC

• Asia Introduction
• North Asia
• South Asia
• Southeast Asia
• Australasia Introduction
• Regional Drilling Summary

SPENDING IN ASIA-PACIFIC

• Introduction
• The spending model
• Asia
• Australasia
• Regional Spending Summary

INNOVATIONS IN DRILLING

• Introduction
• Evolving drilling techniques
• The longer-term future
• Conclusion

APPENDIX

• Industry abbreviations
• Data sources
• Conventions used
• Ask the analyst
• Datamonitor consulting
• Disclaimer

TABLE OF FIGURES

Figure 1: OFFSHORE DRILLING: Asia-Pacific drilling numbers 1995 to 2014

Figure 2: OFFSHORE DRILLING: Asia-Pacific spending numbers in report period

Figure 3: Reconstruction of the Drake well in Titusville, Pennsylvania Figure 4: Drake engine (background) and drill string/casing (foreground)

Figure 5: An early rotary drilling rig

Figure 6: Lake Caddo, site of the first well over water

Figure 7: OFFSHORE DRILLING: rig shares in the market in 2009

Figure 8: Pair of rigs on the Hibernia concrete platform

Figure 9: Drilling tender alongside a tension leg platform (TLP) Figure 10: Drilling barge on Lake Erie

To order this report:

Oil and Gas energy Industry: Drilling for Offshore Oil and Gas – Asia-Pacific

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