Tag: Offshore oil production

News and Policies, World

Offshore oil production in deepwater and ultra deepwater is increasing

October 31, 2016

Via: US Energy Information Administration

Global offshore oil production (including lease condensate and hydrocarbon gas liquids) from deepwater projects reached 9.3 million barrels per day (b/d) in 2015. Deepwater production, or production in water of depths greater than 125 meters, has increased 25% from nearly […]