Rystad Energy expects global deepwater production to reach record high level and surpass 10 million bb/d.
With new fields starting up in Brazil and Gulf of Mexico, we expect the total deepwater liquid production to reach 10.3 million bbl/d in 2019. This is an increase of 700 kbbl/d compared to 2018.
In addition to Brazil and the US, Angola, Norway and Nigeria are the largest deepwater producers.