Westwood Global tips high-impact drilling to bounce back after record slow start to year

  • Date: 13-May-2021
  • Source: Energy Voice
  • Sector:Oil & Gas
  • Country:Gulf
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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.