Operational and Financial Overview
ENSCOROWAN
mm boe/d
200
160
142
120
80
40
0
2011
2012
2013
Offshore Production Critical to Meeting
Global Oil & Gas Production
Growing Global Oil & Gas Demand
+17 mm boe/d
179
162
■ Oil and gas production will
continue to be an important
part of meeting global energy
demand, with total production
forecast to grow by 17 million
barrels of oil equivalent per
day by 2025
30%
70%
2011
Onshore
Source: Rystad Energy UCube as of February 2019
2012
2013
2014
2015
2016
2017
2018E
2019E
2020E
■Offshore
72%
2021E
28%
Global Oil & Gas Production - Offshore & Onshore
■Oil
2014
2015
2016
2017
2018E
2019E
2020E
2021E
2022E
2023E
2024E
2025E
2022E
8
2023E
2024E
2025E
28%
72%
Despite significant growth in
unconventional onshore
production, offshore
production represents 28% of
overall oil and gas production
today - and expectations are
that offshore production will
provide approximately 5
million barrels of oil
equivalent growth by 2025View entire presentation