World’s top exploration wells at risk, Rystad says

At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the combined effect on oil and gas activities of the Covid-19 virus and the oil price war, a Rystad Energy impact analysis shows.

These wells, located in Norway, Brazil, the Bahamas, Guyana, the US, Gambia and Namibia would target a combined 7 billion barrels of oil equivalents (boe), Rystad said in a report earlier this week.

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