Westwood Energy 2019 State of Exploration Report Available Now
Westwood Global Energy Group has released its tenth annual State of Exploration Report, the definitive report covering global conventional oil and gas exploration.
Exploration activity bounced back in 2018 but declining performance points to the limitations of the global exploration drilling opportunity set and the urgent need for its renewal in 2019 and beyond.
Comparison of high impact activity, drilling spend, commercial volumes discovered and success rates over the 2009-2013 and 2014-2018 periods
Source: Westwood
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