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The State of Exploration 2019

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.

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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

CLICK HERE To read a summary of the report

Leading companies are using the report to make smarter strategic decisions. Contact us (my email address) to receive a table of contents for the report and information on how you can use the report to improve your exploration performance.

 


 

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