MARKETS

Farmins drop to decade-low

AFTER a steady four year rise, farmouts fell 56% last year over 2019 and to the lowest level in a decade to only 29, but on the upside drilling commercial success rates climbed to a five-year high.

Helen Clark

Farnins a record low in 2020

Broken down Westwood Energy says deepwater deals fell 70% and onshore 60% while shallow water remained relatively resilient at 24%, driven by mature plays in Northwest Europe. Shell and Qatar Petroleum...

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