Evaluated screen

Deepwater Oil and Gas Exploration and Drilling

Identifies companies and other entities that operate or directly conduct offshore oil or gas exploration, drilling, or production in deepwater or ultra-deepwater environments, including field operators and specialized drilling contractors responsible for deepwater wells or rigs. Water depth, basin, regulatory definition, and project status are evidence attributes rather than a single universal threshold. Shallow-water and onshore operations, generic marine services, transport, renewable offshore energy, and ceased projects are excluded.

Type
Evaluated
Version
2026.08.21.2
Published
Aug 21, 2026
Inclusions
6
Exclusions
6
How to read this definition

Inclusion criteria describe evidence that can establish this activity. Exclusion criteria identify circumstances that do not establish it on that basis alone. The evaluation remains connected to its taxonomy version and supporting evidence.

Can establish this activity

Included when supported

Evidence may support involvement when it matches one or more of these inclusion criteria.

6 criteria
  1. 01Criterion

    Include operators of offshore oil or gas fields whose wells or production systems meet an identified deepwater or ultra-deepwater definition under the applicable evidence source or client policy.

  2. 02Criterion

    Include owners or operators of drilling rigs, drillships, or platforms when the entity directly conducts deepwater oil or gas drilling.

  3. 03Criterion

    Include companies with active deepwater exploration, appraisal, development, or production projects where the asset, water depth, basin, and entity role are documented.

  4. 04Criterion

    Include operators of subsea production systems only where the entity owns or operates the deepwater upstream project; component supply alone is excluded.

  5. 05Criterion

    Include specialized drilling contractors that directly drill deepwater or ultra-deepwater oil or gas wells.

  6. 06Criterion

    Include diversified or integrated energy companies with directly evidenced current deepwater upstream operations.

Does not establish this activity on its own

Excluded on this basis alone

These circumstances do not establish this activity unless separate evidence also meets an inclusion criterion.

6 criteria
  1. 01Criterion

    Exclude onshore oil and gas activity.

  2. 02Criterion

    Exclude offshore activity that does not meet the documented deepwater boundary selected for the evaluation.

  3. 03Criterion

    Exclude pipelines, tankers, terminals, storage, processing, and other midstream or downstream activity without direct deepwater drilling or production.

  4. 04Criterion

    Exclude general marine construction, subsea equipment, engineering, survey, vessel, diving, and support services without responsibility for drilling or operating the deepwater upstream project.

  5. 05Criterion

    Exclude offshore wind, marine renewables, carbon storage, scientific drilling, and other non-oil-and-gas offshore activity.

  6. 06Criterion

    Exclude ceased or divested deepwater operations from current involvement while preserving verified historical involvement and effective dates.

Evidence and evaluation methodology

How sources, entity pathways, decisions, qualifiers, and review history are handled.

Map screens to a client policy

How to choose provider screens, document coverage, and decide what happens after an outcome.

Other screens under High-Impact Fossil Fuel Extraction

Taxonomy version 2026.08.21.2, published Aug 21, 2026. Material changes receive a new immutable release so earlier evaluations remain tied to the definitions and criteria used.

High-Impact Fossil Fuel Extraction
Deepwater Oil and Gas Exploration and Drilling screen criteria | Company Screener