Report On Domestic Offshore Oil Published

Record levels of U.S. coastal energy development will result from higher world petroleum prices, domestic deregulation and an a m b i t i o u s offshore leasing program among other factors, according to the just published second edition of the special report by TransTech Co. (marine consultants) entitled Domestic Offshore Petroleum—Prospects and Opportunities for the 1980's. The report has four chapters beginning with analysis of U.S. oil and gas requirements t h r o u g h the decade, examination of the case for increased offshore exploratory activity, projection of production levels by coast, and concluding with unit and dollar value growth forecasts of the main offshore equipment markets.

Markets examined are well materials, mobile drilling rigs, pro- duction platforms, oil and gas marine pipelines, and transportation.

Forecasts are developed using historic industry operating patterns, the 5 Year OCS Leasing Schedule, estimated levels of industry capital spending allocated to offshore, and from consideration of physical conditions in the new lease areas. The transportation market is segmented into anchor handling/supply vessels, fast crew/supply boats and helicopters.

A method of comparative economics is presented to enable evaluation of transportation alternatives and to predict growth of competing modes.

The 12 figures and 34 tables in the report form a base of important, factual information on major segments of the multibilliondollar U.S. offshore energy industry.

As a strategic planning and marketing tool, the report's emphasis is to present rationally developed levels of growth from which organizations p r o v i d i ng products and/or services to the offshore petroleum industry can better develop specific opportunities.

For your free brochure describing Domestic Offshore Petroleum— Prospects and Opportunities for the 1980's in greater detail, write G.F. Uttmark, Trans- Tech Company, Dept. MR., P.O.

Box 9, Elwyn, Pa. 19063.

Maritime Reporter Magazine, page 8, Feb 1981

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