IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely
Green Car Congress
OCTOBER 2, 2019
The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.
Let's personalize your content