Global oil and gas discoveries fall again in 2017, will impact supply in the 2020s
Global exploration expenditures fell by over 60% from 2014 to 2017 2017 was another low year for the discovery of conventional volumes of oil and gas, with less than seven billion barrels of oil equivalent (boe) found year to date, according to consultancy Rystad Energy. “We haven’t seen anything like this since the 1940s,” says senior analyst […]
Global oil and gas discoveries fall again in 2017, will impact supply in the 2020s Read More »