Subsea completion data show steady activity levels
- H.O. Mohr Research and Engineering, Houston, TX (United States)
Review of subsea completion statistics indicates 45 installations during 1992 - one more than during 1991. The 45 installations are still considerably less than the all-time high of 66 installations in 1985. Petrobras continues to install three times as many subsea completions as Shell, the next most active user. However, as in the past three years, the overall-lower number of installations last year was due to reduced applications by Petrobras. During 1991, that company installed 10 subsea completions, whereas during 1988, for example, it completed 37 installations. It should be noted that reduced activity by petrobras reflects problems with financing and general activity, rather than a lack of confidence in subsea completions. The number of future subsea completions identified for installation during the next 10 years is 1,144 - some 10% more than the 1,014 identified at the end of 1991. The present planned installation figure is an all-time high; the next highest number of installations identified was 1,083 at the end of 1989. These and other statistics are presented in 10 tables. A brief analysis of each is included.
- OSTI ID:
- 6512234
- Journal Information:
- World Oil; (United States), Journal Name: World Oil; (United States) Vol. 214:2; ISSN 0043-8790; ISSN WOOIAS
- Country of Publication:
- United States
- Language:
- English
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