Costly Deep-Sea Oil Turns Cheaper

Costly Deep-Sea Oil Turns Cheaper

Assessment

Interactive Video

Business, Social Studies, Architecture, Biology

University

Hard

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes have occurred in the deepwater oil project costs since the price crash in 2014?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the approach of oil companies shifted in response to the changing market conditions?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the average deepwater project cost needed to break even in early 2014, and how has it changed?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the cost-cutting process in deepwater projects differ from that in shale projects?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the future prospects for deepwater projects compared to shale projects according to analysts?

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