Exploration & Discovery

* Source: ODS-Petrodata Group: The Deepwater Rig Market, 1995 - 2010 (July 2001)

Deepwater Exploration & Discovery

(ɮ,000 ft water depth; 1,500 ft in N.Sea)

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20

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60

80

100

120

140

160

Exploration Wells

Announced Discoveries

Auger

Scheillon

Foinaven

'76 ~ '93: 324 exploration & 24 development wells

'94 ~ '00: 621 exploration & 250 development wells

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