Discoveries at four-year high: Rystad

OIL and gas discoveries hit a four-year high last year driven largely by ExxonMobil’s ongoing success offshore Guyana in its large Stabroek block that has seen a series of upward revisions after each subsequent oil discovery.

Discoveries at four-year high: Rystad Discoveries at four-year high: Rystad Discoveries at four-year high: Rystad Discoveries at four-year high: Rystad Discoveries at four-year high: Rystad

 

Rystad Energy says 12.2 billion barrels of oil equivalent were discovered by companies in 2019, with 26 finds of more than 100 million boe.

Offshore dominated the list of new finds.

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