Deepwater, tight oil share similar growth themes, Both tight oil and deepwater have vital roles to play, WoodMac says
Deepwater projects and tight oil plays are two upstream growth areas even though offshore and unconventional often are considered at opposite ends of the development spectrum, a Wood Mackenzie Ltd. researcher said.
Deepwater represents large, expensive and complex long-cycle projects best suited to Big Oil. In contrast, tight oil offers flexible short-cycle oppor