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Deepwater Field Development - Floating Production System ...

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Recent Exploration Trends<br />

0%<br />

(Source: MMS <strong>Deepwater</strong> GOM Report 2004)<br />

number of exploration wells<br />

completed<br />

20%<br />

40%<br />

60%<br />

80%<br />

Ultra-deep water Trend<br />

100%<br />

1998 1999 2000 2001 2002 2003<br />

>7500<br />

5000-7499<br />

1500-4999<br />

1000-1499<br />

MTS <strong>Field</strong> <strong>Development</strong> Workshop Houston September 28-30, 2004

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