Westwood Global tips high-impact drilling to bounce back after record slow start to year
Westwood Global tips high-impact drilling to bounce back after record slow start to year
Global high-impact drilling is expected to “bounce back” in the second half of 2021 after a record slow start to the year.
Research from Westwood Global Energy Group shows that, between January and April, exploration results have been “pretty poor”, with just 19 high-impact wells completed.
That makes it the slowest start to a year that the energy consultancy has recorded in its database.