Rystad Energy: Top wildcat wells to watch this year

After years of budget cuts, oil and gas companies are finally stepping up their exploration game and several wildcat wells planned for 2019 have the potential to be “elephant” finds, according to Norwegian oil and gas intelligence firm Rystad Energy.

Rystad said on Tuesday that improved market conditions and lower well costs led E&P players to ramp up their 2019 exploration activities in all parts of the world, driven in particular by rising investments in South America and Africa.

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