The majority of oil and gas drilling by publicly-traded oil supermajors is focused on ultra-deepwater extraction sites. In February 2024, around 43 percent of all wells drilled by these companies were classified as ultra-deepwater. By comparison, land drilling only accounted for 14 percent of drilling activity that month.
Distribution of oil and gas drilling activity by oil supermajors worldwide in February 2024, by water depth
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Rystad Energy. (February 28, 2024). Distribution of oil and gas drilling activity by oil supermajors worldwide in February 2024, by water depth [Graph]. In Statista. Retrieved May 15, 2024, from https://www.statista.com/statistics/1451662/global-oil-and-gas-drilling-by-water-depth/
Rystad Energy. "Distribution of oil and gas drilling activity by oil supermajors worldwide in February 2024, by water depth." Chart. February 28, 2024. Statista. Accessed May 15, 2024. https://www.statista.com/statistics/1451662/global-oil-and-gas-drilling-by-water-depth/
Rystad Energy. (2024). Distribution of oil and gas drilling activity by oil supermajors worldwide in February 2024, by water depth. Statista. Statista Inc.. Accessed: May 15, 2024. https://www.statista.com/statistics/1451662/global-oil-and-gas-drilling-by-water-depth/
Rystad Energy. "Distribution of Oil and Gas Drilling Activity by Oil Supermajors Worldwide in February 2024, by Water Depth." Statista, Statista Inc., 28 Feb 2024, https://www.statista.com/statistics/1451662/global-oil-and-gas-drilling-by-water-depth/
Rystad Energy, Distribution of oil and gas drilling activity by oil supermajors worldwide in February 2024, by water depth Statista, https://www.statista.com/statistics/1451662/global-oil-and-gas-drilling-by-water-depth/ (last visited May 15, 2024)
Distribution of oil and gas drilling activity by oil supermajors worldwide in February 2024, by water depth [Graph], Rystad Energy, February 28, 2024. [Online]. Available: https://www.statista.com/statistics/1451662/global-oil-and-gas-drilling-by-water-depth/