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High Impact Exploration Sees Rebound

Aug 04, 2022

38 high-impact exploration wells were drilled in the first half of 2022, similar to the same period in 2021 when 39 wells completed, says industry analysts Westwood Global Energy Group. The 38 wells resulted in 13 potentially commercial discoveries at a 34% commercial success rate, delivering ~6bnboe of discovered resource.Westwood Global considers high-impact well as those targeting a >100mmboe (mid-case…

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