Offshore costs continue to fall

Offshore developments have benefited significantly from lower break-even prices over the last four years, which have been achieved through downsizing, simplification, re-design, high grading effects, unit prices and currency gains, write Aditya Ravi, Senior Analyst, and Lars Mikkel Reiersen, Analyst, Rystad Energy.

Article details


Petroleum Review May 2018 - p12-13.pdf

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Journal title: Petroleum Review

Publisher: Energy Institute

Subjects: Economics, business and commerce, Oil and gas, Offshore production, Subsea