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Global Exploration Discoveries and Industry Outlook
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, 80th EAGE Conference and Exhibition 2018, Jun 2018, Volume 2018, p.1 - 3
Abstract
Summary
This paper reviews global discovery trends in conventional oil and gas exploration and considers the outlook for the industry. Key changes to the scale and nature of industry exploration programmes are summarised. These include the characteristics of companies involved, likely scale of investments expected, play types in favour and implications for the sector’s long-overdue return to profitability.
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