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
Journal title: Petroleum Review
Publisher: Energy Institute
Subjects: Economics, business and commerce, Oil and gas, Offshore production, Subsea