Rystad: 2019 could be best year for oil & gas discoveries since 2014 downturn

If the rest of 2019 continues at the same pace of discoveries as the first quarter, the year will exceed 2018’s discovered resources by 30%, according to energy intelligence group Rystad Energy.

Rystad said on Monday that global discoveries of conventional resources in the first quarter reached a robust 3.2 billion barrels of oil equivalent (boe).

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