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    World Offshore Drilling Report 2003-2007

    Publications // April 25, 2003
    This recently launched report from Douglas-Westwood forecasts that over the next five years 14,626 offshore wells will be drilled worldwide at a total cost of some $170 billion. Of these, development wells will total 10,231, exploration wells 2,665 and appraisal wells 1,730. The World Offshore Drilling Report 2003-2007 gives a complete and thorough overview of the drilling industry, from the basics of rotary drilling to innovative engineering technologies currently being researched.

    It considers all the factors that control drilling economics and gives a five-year drilling activity forecast for all offshore regions in the world in terms of both numbers of exploration,appraisal and development wells and of industry expenditure.

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