Rystad: Deepwater contributes half of discovered volumes in 1H 2019

The Norwegian energy research and consultancy said on Thursday that new finds totaled 6.7 billion barrels of oil equivalent (boe) in the first half of 2019.

The 1,123 million boe average monthly discovered volumes year-to-date is a 35% uplift compared to the 827 million boe seen in 2018. So far, 2019 has been a year of gas discoveries, which hold a 63% share compared to liquids, something not seen since 2016.

Continue reading

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.