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EXPLORATION

Onshore wildcats drying up fast

AS if last year wasn’t hard enough on industry and the US onshore industry in particular, new research shows wildcat onshore wells success rates fell to just 10.6% in 2020, the fourth year in a row they have declined. 

Helen Clark
Wildcatters under pressure

Wildcatters under pressure

Rystad Energy found all exploration success has fallen in recent years, but exploration activity and spend is headed offshore this and next year, with the number of offshore wildcats to overtake the number...

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